Member Article
Origo partners with Beyond Encryption to launch secure GDPR-compliant messaging system
Fintech Origo, the company behind Unipass, has partnered with encryption and ID authentication specialist Beyond Encryption® to launch an industry transforming GDPR-compliant secure email messaging system for advisers, clients, platforms and providers.
‘Unipass Mailock’ empowers advisers to securely communicate with their clients, from their laptop, tablet and mobile phone, while removing time consuming and costly paperwork by digitising their client communications. From an audit perspective, Advisers, Platforms and Providers can confirm when an authenticated Client has received, opened and accessed the content, de-risking the necessary task of sending confidential Client communications.
Anthony Rafferty, Managing Director, Origo, said: “Secure messaging is an imperative for the financial services industry, which handles a huge number of emails every day, often containing personal and sensitive information. Together with Beyond Encryption, we will deliver a market leading service that has the potential to transform the industry’s adoption of secure digital communication. With the increasing frequency and impact of cybercrimes, Origo will enable an easy-to-use, secure messaging system so essential for the industry. This solution helps deliver GDPR compliance and a level of data control simply not available until now.”
Paul Holland, Beyond Encryption’s founder and CEO commented: “With Origo’s Unipass Identity service already serving most of the financial adviser market, we will make it incredibly easy for Advisers, Providers and Platforms to adopt Unipass Mailock. The tracking and audit capabilities open up the potential for massive savings by replacing paper and postage costs, which under MIFID II are likely to rise significantly unless solutions like this are implemented. Additionally, the Beyond Encryption platform provides a unique approach to identity assurance thereby enabling message data to travel safely across the internet with its release being subject to authentication of the intended recipient’s identity.”
Garry Miller, Operations Director at Origo added: “These principles are fundamental to addressing the ICO’s guidelines and conformity with the evolving data legislation such as GDPR. Importantly the solution not only helps users meet regulatory requirements, it can also significantly reduce costs, economic and ecological, and improves customer experience.”
Roland Rawicz-Szczerbo, Founding Director of Time4Advice, said: “Data management and security has never been more important. Managing essential client communications with absolute confidence is imperative for all financial advice firms, as is protecting their customers data. Unipass Mailock addresses such concerns head on and Time4Advice are keen supporters of this development.”
Nick Eatock, Executive Chairman of Intelliflo, said: “I’ve been really impressed with the technology from Beyond Encryption. As a great example of a best of breed player we’d be delighted to work with them using our API and iO Store.”
Ian McKenna Founder and MD of the Financial Technology Research Centre, said: “E-mail is an essential business communication tool and advisers need to be able to use it to communicate with platforms, asset managers, life companies, mortgage lenders and other business partners, safe in the knowledge that they are not inadvertently risking a breach of GDPR or otherwise putting client data at risk. There are a range of software solutions in the market with this type of capability, but the industry needs a single solution that can be used by all. Beyond Encryption and Origo partnering to deliver such an arrangement is a very positive development and, with the all-important widespread adoption across the FS community, is a very welcome step in the right direction.”
Origo will continue to support customers who use their existing Unipass Securemail solution while customers transition to the new service.
This was posted in Bdaily's Members' News section by Beyond Encryption .
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