White Paper - Egnyte
White Paper - Egnyte
White Paper - Egnyte
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w w w . e g n y t e . c o m<strong>White</strong> <strong>Paper</strong>Cloud File Sharing for the Financial Services and Banking IndustryThe financial services and banking industries play a critical role in the economy, and the sensitive data theymanage requires the highest standards for digital storage security. Whether it's SEC oversight, FINRA complianceor Sarbanes-Oxley reporting, maintaining control over financial data is critical. <strong>Egnyte</strong> focuses on providing the bestsecurity available in an online file sharing and storage solution. With thousands of customers, including banks,brokerage firms and other financial services, <strong>Egnyte</strong>'s access, collaboration and security is built for today's highlyregulated and data driven environment.Compliant file sharing of confidential documentsAll financial services need a reliable way to share confidential documents such ascustomer activity reports and cash flow statements. Traditional methods of sharingfiles over email, FTP and USB drive are wrought with security problems, andoften run the risk of violating SEC regulations. <strong>Egnyte</strong> offers companies a secureand compliance-focused platform to share files of any type and size. <strong>Egnyte</strong>enables users to create shared, permission-based folders, which serve asprotected access points for collaboration. <strong>Egnyte</strong> also provides the ability to sharespecific files by creating links with the option to set file expiration dates andrecipient open notifications; while administrators have the ability to monitor andwipe any outstanding file links. This level of controlled data sharing, combinedwith <strong>Egnyte</strong>'s enterprise-class data security, allows financial services to adhereto strict business policies and government regulations.<strong>Egnyte</strong> Inc. | 1890 N. Shoreline Blvd. | Mountain View, CA 94043, USA | Phone: 877-7EGNYTE (877-734-6983)www.egnyte.com | © 2012 by <strong>Egnyte</strong> Inc. All rights reserved. | Revised June 21, 2012
<strong>White</strong> <strong>Paper</strong>: Cloud File Sharing for theFinancial Services and Banking IndustryWith a continuous commitment to the financial services sector, <strong>Egnyte</strong> provides a secure scalable solution thatcomplies with the intense needs of today's regulated environment.Take the Next StepOver 1 Billion files are shared daily by businesses using <strong>Egnyte</strong>. <strong>Egnyte</strong> HybridCloud provides the speed andsecurity of local storage with the accessibility of the cloud. Users can easily store, share, access and backup files,while IT has the centralized administration and control to enforce business policies. <strong>Egnyte</strong>, founded in 2007, isbased in Mountain View, California and is a privately held company backed by venture capital firms Kleiner PerkinsCaufield & Byers, Floodgate Fund, and Polaris Venture Partners. For more information, please visitwww.egnyte.com or call 1-877-7EGNYTE.<strong>Egnyte</strong> Inc. | 1890 N. Shoreline Blvd. | Mountain View, CA 94043, USA | Phone: 877-7EGNYTE (877-734-6983)www.egnyte.com | © 2012 by <strong>Egnyte</strong> Inc. All rights reserved. 3
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