Showing posts with label Risk. Show all posts
Showing posts with label Risk. Show all posts

Wednesday, 8 May 2013

SunGard Launches Hosted Version of Front Arena Position Control and Risk Management Solution for Alternative Investments

(Vocus/PRWEB) November 30, 2010

SunGard has launched a hosted version of its Front Arena solution for hedge fund portfolio management, risk management and operations management. SunGards Front Arena is a cross-asset solution that provides trade capture, real-time profit & loss, position control and risk management capabilities. It helps hedge funds, traditional asset managers and other alternative investment managers to effectively and efficiently identify risk and exposure.

Hedge funds and asset managers face constricting infrastructure and IT budgets. At the same time, they have to address increasing pressure from institutional investors to demonstrate that they have robust control over the mission-critical aspects of their businesses. Many hedge funds and alternative asset managers are therefore turning to hosted delivery, rather than in-house installation. SunGards Front Arena hosted solution helps reduce the infrastructure burden by eliminating the need for customers to employ large IT teams to manage and maintain their own hardware, software, pricing, data and disaster recovery. It also allows customers to deploy scarce resources to focus on core competencies and alpha-generating activities. The hosted delivery method also offers rapid implementation without compromise in functionality.


SunGard Launches Hosted Version of Front Arena Position Control and Risk Management Solution for Alternative Investments

Thursday, 2 May 2013

Risk Management Decision Saves Health Council from Critical Loss

Columbia, SC (Vocus/PRWEB) February 15, 2011

Unitrends, the leading provider in integrated and scalable backup solutions, today announced that NE Missouri Health Council relied on Unitrends Recovery appliance to gain full recovery of its crashed system, retrieving 100 percent of the health councils mission-critical data.

After opting out of CommVault due to reliability issues and high pricing, NMHC discovered Unitrends as a trusted solution for all-in-one backup, archiving and disaster recovery. NMHCs investment in Unitrends resulted in high returns for the non-profit health care provider.

John Brown, IT director for NMHC, had performed a live migration on the facilitys Windows servers, and during the process, an error caused all data to be entirely erased.

I contacted Unitrends at 11:30 at night. Within 10 minutes, I had a phone call from a support rep-resentative, and we were able to restore all pertinent data that was lost, Brown said.

Most of the information that went to the file servers was patient charts. Had Unitrends not been deployed, NMHC could have been at great risk of losing vital patient records and hindering day-to-day operations.

Unitrends was definitely there, definitely on my side and was dili


Risk Management Decision Saves Health Council from Critical Loss

Sunday, 17 March 2013

OpenLinks Corporate Treasury Survey: Cash Management and Risk Methods/Input Top Concerns (69%)


New York (PRWEB) July 31, 2012

OpenLink Financial LLC (OpenLink), a leading provider of treasury, cross-asset trading, risk management and operations processing software solutions, released findings from a webinar conducted with KPMG experts and gtnews, Responding to the New Risks in Liquidity Management, which surveyed senior corporate treasury industry professionals.

The survey revealed the greatest challenges for these professionals when dealing with the new risks in liquidity management and market volatility:


OpenLinks Corporate Treasury Survey: Cash Management and Risk Methods/Input Top Concerns (69%)

Saturday, 16 March 2013

Tough Economy Means Tougher Efforts to Mitigate Business Data Risk


Hoboken, New Jersey and New York City, New York (PRWEB) January 05, 2012

In a tough economy business budgets get squeezed, especially those of small and medium-sized companies. However, just because the economy is tough, doesnt mean owners can lessen their concern about protecting computer networks and data. In fact, greater business security can lead to improved business productivity, which is essential during tough economic times.

A new article entitled: When Times are Tough, Theres No Room for Risk from eMazzanti Technologies, an IT support and computer expert serving Hoboken, NJ and New York City areas, is available to read or download at: http://bit.ly/uTmjs8.

eMazzanti specializes in business continuity and disaster recovery for small and mid-size businesses. Jennifer Mazzanti, president, explains why its important to be extra vigilant about protecting your data during tough economic times. The bad news is that the financial impact of data loss and security breaches has been estimated to cost US businesses over $ 4.7 billion each year. The good news is that the impact can be easily neutralized.

Small Business Are More, Not Less Exposed

Every business deals with risk. But medium-sized businesses, with smaller IT staff and tighter operating budgets are often more exposed to risk than larger companies. This reality is never more evident than in a down economy: When the repercussions of a business disruption are as grave as they are, how do you insulate your business from risk?

Step #1: Reduce the Probability of Downtime

Your order system goes down, leaving your e-commerce customers unable to place orders. In addition to lost revenue, this downtime can derail employees, leading to productivity loss. While youre focused on fixing the problem, your competition has a chance to poach your customers. Worst of all, failing to detect and fix the problem means it may happen again.

High availability of critical systems is the medium-size businesss highest IT priority, and its attainable with a few key changes. For example, invest in reliable servers. Look for servers that have been extensively tested and certified to run on the latest operating systems. Couple that with a comprehensive set of server management tools. Because eMazzanti has specialized in setting up these systems for their customers, they have become an expert in minimizing downtime. Less downtime helps insure companies can focus on business rather than having worry about hardware and software integration. If a company has to spend even a small amount of time troubleshooting email or web access, for example, they should consider seeking the support of a professional IT expert like eMazzanti.

Step 2: Protect your data

Data breaches might not happen as often as network and application downtime. But when they occur, they can be catastrophic. Implementing a few key protections can greatly minimize the chances of data loss. For instance, replicate and use de-duplication. Look for a storage backup solution that lets you cost-effectively replicate data for quick recovery. De-duplication helps ensure that you dont waste bandwidth, disk space and effort backing up multiple copies of the same data.

Read the complete article at: http://bit.ly/uTmjs8

About eMazzanti Technologies

With a company name that sounds more like a purebred, high-performance sports car than a IT support and consulting firm, eMazzanti Technologies is all about delivering powerful solutions such as Windows 8, http:// managed printing services, PCS DSS compliance, computer network management, network troubleshooting, business continuity and disaster recovery, green computing, mobile workforce technology, information security, cloud computing, cloud computing services, and business information optimization in the most efficient manner possible. The Hoboken, N.J., firm is located in one of the most densely populated – and competitive – regions in the U.S. It provides business technology consulting services for companies ranging from home offices to multinational corporations throughout the New York metropolitan area, the United States and throughout the world. For more information contact: Carl Mazzanti 201-360-4400 or emazzanti.net. Twitter followers can get additional information @emazzanti. And Facebook followers can quickly get the information at: Facebook.com/emazzantitechnologies.

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Tough Economy Means Tougher Efforts to Mitigate Business Data Risk

Tuesday, 12 March 2013

Cibecs Releases App to Address Risk Assessment on the Back of Failed Government IT Audit Reports

(PRWEB) January 26, 2012

The latest auditor-general report (on National Audit Outcomes) cited the lack of adequate IT systems across government as a key obstacle to service delivery.

Cibecs Marketing Manager Brandon Faber believes that “this issue should be top of mind for all large organizations in 2012, and more specifically for Government Departments and Municipalities where data protection and Corporate Governance Compliance are paramount.”

The recent Auditor General report illustrated how 90% of South African Government Departments have inadequate information security controls.

Failings highlighted include:


Cibecs Releases App to Address Risk Assessment on the Back of Failed Government IT Audit Reports

Friday, 8 March 2013

Friday, 1 March 2013

ClearDATA and REC Partner HealthPOINT Provide HIPAA Security Risk Analysis for 44 CHAD Locations in North and South Dakota


Phoenix, AZ (PRWEB) April 18, 2012

ClearDATA Networks, Inc., the leading healthcare cloud computing platform and service provider, and Dakota State Universitys HealthPOINT, the South Dakota Regional Extension Center for Health IT (REC) , today announced that they have jointly provided HIPAA Security Risk Analysis (SRA) and other information security services for 44 healthcare provider locations of organizations belonging to the Community HealthCare Association of the Dakotas (CHAD). The companies also offer additional information security services such as Perimeter Security Verification of the clients security posture as well as a detailed security analysis, complete remediation plan, and executive report appropriate for an executive and/or board meeting.

A HIPAA Security Risk Analysis (SRA) is a Stage 1 Meaningful Use Core #15 requirement for healthcare organizations to qualify for incentive dollars in 2012. Organizations interested in learning more about the HIPAA SRA requirements can email: SRA@cleardata.net.

The ClearDATA REC Partner Program helps RECs achieve Meaningful Use and sustainable revenue by providing cloud hosting services, backup, disaster recovery, security risk analysis (SRA) and remediation services to the healthcare providers in their respective states. ClearDATA has performed hundreds of SRAs to healthcare organizations across the U.S..

Were excited to partner with HealthPOINT to provide the SRA services for the Community HealthCare Association of the Dakotas in order to help them achieve Meaningful Use, said David Bean, executive vice president of sales and marketing for ClearDATA Networks, Inc. Our combined expertise in cloud computing and information security services deliver maximum data protection and patient privacy for healthcare organizations according to HIPAA Security Rule Standards.

The Community HealthCare Association of the Dakotas provides excellent healthcare services to the public throughout the Dakotas and recognizes the importance of securing patient information and privacy, says Dan Friedrich, director for HealthPOINT, South Dakotas Regional Extension Center. Dakota State University is pleased to partner with ClearDATA to help CHAD and other healthcare organizations utilize advanced technology solutions that enable them to improve their productivity and more effectively serve the community.

About the ClearDATA HIPAA Security Risk Analysis

The ClearDATA HIPAA Security Risk Analysis service measures the IT-related risks associated with key regulations and standards including the Healthcare Insurance Portability and Accountability Act (HIPAA), the Health Information Technology for Economic and Clinical Health (HITECH) Act, Payment Card Industry Data Security Standards (PCI DSS), Sarbanes Oxley Act (SOX), and SAS 70. It focuses specifically on the three areas of 45 CFR 164.308(a)(1); namely, the Administrative, Physical and Technical safeguards. Each of these areas is analyzed to verify that they are: a) sufficient to be effective, b) currently operational, c) applicable for the organization and d) represent applicable compliance programs.

Additionally, the SRA service can review the organization’s vendor relationships and Business Associate Agreements, and if necessary, conduct an SRA for the Business Associate.

About HealthPOINT, the South Dakota Regional Extension Center

HealthPOINT, as a department of Dakota State University, is South Dakotas Regional Extension Center. As a federally designated health information technology resource and support center for all South Dakota healthcare providers, HealthPOINT focuses on an action-based approach to propel providers in adopting electronic health record systems. HealthPOINT leverages Dakota State Universitys strengths in Health Information Management and Information Assurance academic programs to provide high quality, cost effective services to South Dakota providers. For more information, contact Dan Friedrich, Director for HealthPOINT at 605-256-5555 or visit http://www.healthpoint.dsu.edu.

About ClearDATA Networks

ClearDATA is the market leader for cloud computing and information security services for healthcare providers, software vendors and VARs. ClearDATAs services enable providers to fully automate and securely manage healthcare medical records, applications, IT infrastructure and digital storage. The company provides HITECH HIPAA-compliant cloud and hosting infrastructure and managed services, offsite backup and disaster recovery, medical image archiving, information security and world-class support. The company offers HIPAA Security Risk and Remediation services through its U.S. Healthcare Compliance division to the healthcare industry in order to ensure that they meet the rigorous standards of security required for protected health information to demonstrate Meaningful Use. For more information, call 602-635-4000, email: sales(at)cleardata(dot)net or visit: http://www.cleardata.net.

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ClearDATA and REC Partner HealthPOINT Provide HIPAA Security Risk Analysis for 44 CHAD Locations in North and South Dakota

Saturday, 9 February 2013

Cloud and Risk Management and Business Continuity Executive Interview of Joe Imperato Jr. by The Suit Magazine


(PRWEB) August 21, 2012

The Suit, a highly respected online and print magazine, interviewed Joseph Imperato Jr. for their August 2012 issue. The Suit provides in-depth analysis of executives and professionals, delivering insightful observations on important business issues to its readers.

The article describes XSolutions services especially in the area of IT Disaster Recovery and its use of cloud technology in designing backup plans for clients and comes on the heels of two live presentations by Joe Jr. on Cloud and Risk Management and Business Continuity earlier this year.

Disaster Recovery and Business Continuity are important areas that are not to be taken lightly, says Joseph Imperato Jr., CEO at XSolutions. Some studies show that up to 70% of companies without sensible backup plans go out of business shortly after a disaster.

XSolutions helps small to medium size businesses find an IT Backup/Disaster Recovery solution (BDR) that makes sense for them and fits into their budget.

About XSolutions Consulting Services LLC

XSolutions is a full service IT Company located in Rockland County, New York specializing in providing Managed IT Services, Web Design and Custom Software Development. XSolutions has extensive experience in the installation and maintenance of Microsoft products such as MS Server, MS SharePoint, and MS Office products. Through their partnership with Microsoft, XSolutions is able to bring clients the latest in high-value software to help them compete in a constantly changing business environment. XSolutions’ range of services include Managed IT Services, Web Design and Hosting, Cloud and Hosted Services, Microsoft SharePoint installations, Backup and Disaster Recovery, Custom Software Development, and general IT Consulting. XSolutions also issues an informative newsletter, The Letter X, providing feature articles addressing current computing issues. For more information visit http://www.xsolutions.com or call 845-362-9675.







Related Disaster Recovery And Backup Services Press Releases


Cloud and Risk Management and Business Continuity Executive Interview of Joe Imperato Jr. by The Suit Magazine

Sunday, 27 January 2013

New Compliance Training Series from Wombat Security Helps Companies Address PCI Awareness Training Requirements and Reduce Risk


Pittsburgh, PA (PRWEB) November 13, 2012

Wombat Security Technologies (Wombat), a leading provider of cyber security awareness and training solutions, today announced the release of its newest training series created to help retailers and businesses address key requirements of common privacy laws and data protection mandates, including PCI (Payment Card Industry) compliance. To ensure security policy and procedures are met and reduce the risk of data theft, security awareness training is a mandatory requirement of the PCI Data Security Standard for all employees who handle cardholder data. Wombats new compliance training series leverages the companys proven learning techniques to clearly explain data security requirements to employees and emphasize their responsibility towards securing sensitive information, while simplifying compliance monitoring and reporting for PCI managers.

The key is not just awareness; it is behavior change; as such, interactive security awareness training platforms help compliance managers effectively administer mandated employee education, prove the completion of training in the event of an audit, and actually change the way that employees behave. The result is lower risk for the organization said Andrew Walls, Vice President of Security, Risk and Privacy of Gartner. Companies that employ new interactive cyber security assessment and context aware security training software are reporting reductions in susceptibility to employee-targeted attacks, which translates to fewer breaches and lower remediation costs.

At the most recent PCI Council meeting, the organization reported that security breaches were at the worst level since the group was founded. With data breaches capturing top news headlines, it is more important than ever for companies to enhance their data security and compliance protocols. The 12 requirements for PCI DSS compliance include annual training of employees to maintain and enhance a businesss internal security controls.

Today every organization is a target for cyber criminals and employees are one of the primary attack vectors yet many businesses lack the expertise and resources to effectively train their people against these growing cyber threats, said Joe Ferrara, President and CEO of Wombat Security Technologies. As employees learn how to identify and report attacks, they become invaluable to a companys defensive as well as offensive security posture.

Wombats new compliance training series includes: PCI-DSS requirements, as well as, Personally Identifiable Information (PII) and Data Protection and Destruction so that compliance managers can:


New Compliance Training Series from Wombat Security Helps Companies Address PCI Awareness Training Requirements and Reduce Risk

Friday, 25 January 2013

Cyaras Automated Testing Suite Reduces Call Center Technology Deployment Risk, Saves Project at Global, U.S.-Based Financial Institution


San Francisco, CA (PRWEB) November 16, 2012

Cyara today announced the publishing of their latest customer success story detailing how automated testing saved a 2012 technology upgrade deployment at a global financial institution based in the U.S. Cyara is a pioneer of next-generation premise and cloud solutions for testing, monitoring and simulation of interactive voice response (IVRs) and contact center systems and applications.

This case study documents in great detail the reality of what can go wrong and does in many deployments with so many moving parts, as is the case in complex contact center infrastructure and application deployments, says Alok Kulkarni, CEO, Cyara.

One of the many Cyara benefits cited by the customer in the interview was the ability to eliminate vendor misunderstandings, which can be crucial to the success of complex deployments.

The value of the Cyara tools went way beyond basic IVR verification, says the senior technical project manager, allowing the organization to quantify errors found in the IVR, including call recordings that could be provided to the vendor to help them in cleaning up the IVR code and functions that were found to be missing. The vendor discussions were far more succinct and removed any possibility of misunderstanding, she says.

We know what Cyaras automated testing suite can do for our customers, he says, but were delighted to see the customer and in particular, the project manager, come up with some unintended use cases for how Cyara could and did help make the project a success, says Kulkarni.

The case study, while extremely detailed with a narrative driven by direct customer quotes, does not mention the company by name. Our customer is extremely happy with the deployment, but has a policy of not officially endorsing vendors publicly, says Kulkarni. However, they allowed us to interview the senior technical project manager to document in detail the deployment and how automated testing played a critical role in the success of their contact center and IVR technology upgrade. says Kulkarni.

Our customers are committed to staying ahead of potential points of failure and rectifying them before customer experience is impacted. This customers experience with our suite in their technology upgrade is another proof point in Cyaras commitment to deliver a cost-effective, time saving suite of automated solutions customers themselves can use to ensure they deliver intended customer experience, says Kulkarni.

Highlights of the Case Study Include:

– Control, collaboration, flexible testing instills customer confidence


Cyaras Automated Testing Suite Reduces Call Center Technology Deployment Risk, Saves Project at Global, U.S.-Based Financial Institution