Managed File Transfer - Secure Data Exchanges for Banks and Financial Institutions

Jan. 26, 2011 - PRLog -- Missing money is never a laughing matter, so first and foremost their security needs to be designed around protecting client money without creating additional access headaches.

Managed File Transfers can solve most of the basic problems with data management, especially within investment companies and other financial institutions – data of all types and sizes can be securely managed and transferred between offices without the worry of data breaches, loss or the system you’re using to transfer the files becoming overloaded.

The Basics of Security
Security can be broadly broken down into several key categories – file security, transfer security and data integrity and backup.  File security and data integrity should be handled by software provided at the server side – it’s important to ensure that your IT support secures this, before enquiring into Managed File Transfer systems which should be added into your system with seamless integration.

There are several key steps to this process however:
•  Your system will need to be fully evaluated – depending on the underlying system will depend on the final MFT system that will be integrated – for example there are several MFT systems that can be integrated on several different types of system.

•  Once your system has been evaluated, you’ll need to talk to a team of experts to discuss your specific needs – at this point you may want to consider who you’ll finally contract the upgrades to.

•  Upgrades will need to be undertaken before configuration – once you’ve upgraded and configured your server, you’ll find that MFT levels out your workflow and frees up resources that may have otherwise been committed to either data transfer or security auditing.

•  Finally, your security auditing will become easier – MFT is designed to ensure that there is a flawless track for checking for any auditing issues – and will ensure you’re secured against potential breaches.

Managed Support
One of the strongest things to understand about MFT is the structure that it uses – once you understand how your MFT is designed to operate it’s possible to ensure that the system you’re ysing is designed optimally to your team’s needs, without creating additional workflow issues.  Whatever you choose to use, you must also ensure that there is a level of both compliance and security to current standards, and the protection of your client’s data.  While this is often built in, it’s important to understand how updates will affect this – your expert team will be able to advise you on these issues at installation, and give you options of support for a later date.

HANDD Business Solutions are independent specialists providing Secure Managed File Transfer and Data Security solutions to a wide range of organisations operating across all industry sectors. HANDD provide file transfer solutions from leading MFT software vendors including Messageway, IPWSITCH File Transfer, GlobalSCAPE and BOOLE Server. For further information about secure managed file transfer and data exchanges please visit www.handd.co.uk or call HANDD Business Solutions on +44 (0) 845 643 4063.

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The UK’s leading independent provider for Managed File Transfer, FTP and Data Workflow Solutions. Our customers trust us to provide consultancy and professional services, technical support and software solutions from the leading File Transfer Vendors