Large Financial Services Company Expands Service Offerings with the Help of CyberArk’s Sensitive Information Management Solution

CyberArk’s Sensitive Information Management Solution provides a fully governed business-to business Managed File Transfer solution that enables financial service organizations like this customer to securely exchange sensitive information, such as check images, accounts receivable files, accounts payable files, and lock-box files with its business customers. “To combat current economic challenges, our team is responsible for helping to generate revenues by developing innovative fee-based services. Any new corporate service we can dream up can be achieved through the Sensitive Information Management Solution – without having to stress the resources of the IT team,” said this customer’s VP Treasury Management. Thanks to CyberArk’s secure, automated and fully-auditable Sensitive Information Management Solution, this customer has been able to significantly grow its payroll services business and gain confidence in knowing that the exchange of sensitive financial data is both secure and compliant with industry regulations. Today, this customer provides payroll services to over 2,200 small- and mid-sized businesses and leverages CyberArk’s Sensitive Information Management Solution to securely exchange thousands of files per day with its customers. The CyberArk Sensitive Information Management Solution easily scales to meet increasing file transfer volumes and demand for new financial services. The solution has also improved this customer’s productivity and cost-effectiveness by streamlining and automating processes that were previously time-consuming and manual. Because the solution offers full governance capabilities and insight into who accessed what, CyberArk’s Sensitive Information Management Solution enabled this customer to easily meet all its security, audit and compliance requirements.