HUNT VALLEY, Md., June 12, 2013 (GLOBE NEWSWIRE) -- Dunbar Digital Armor, the cyber security affiliate of Dunbar Armored, Inc. has announced that it has begun providing services to the NASDAQ OMX Group to protect access to FinQloud, the company's secure, cloud computing platform designed exclusively for the financial services industry. Dunbar Digital Armor will support FinQloud's Regulatory Record Retention (R3) storage solution which provides broker dealers with the ability to safely meet record archival and retrieval requirements at substantially reduced cost and complexity.
"Dunbar Digital Armor is proud to be a trusted technology partner for NASDAQ OMX's FinQloud," said Kevin R. Dunbar, President and Chief Executive Officer of Dunbar Armored, Inc. "Providing cyber security solutions to protect our customers' digital records in accordance with government regulations has become an integral part of our business model as physical and digital security have converged and our organization has evolved to defend against new security threats," he noted.
NASDAQ OMX's FinQloud provides the financial services community with a secure, "industry-only" solution designed to immediately reduce technology burdens, aid in compliance and refocus resources on revenue driving operations. These economic benefits are made possible because of the scalability of a fully managed solution that includes all the layers of cloud computing, such as infrastructure data management, virtualization, and hosting. To meet stringent operational, regulatory, and security requirements; and to protect the integrity of data, all connections to FinQloud must pass through a rigorous encryption key management system, which is housed in private NASDAQ OMX data centers.
"Dunbar Digital Armor's forward-looking strategy and commitment to meeting our needs resulted in a perfect opportunity for NASDAQ OMX to partner with a company similarly focused on leading-edge innovation, and a company with a 90-year legacy in security," said Stacie Swanstrom, Head of Access Services at NASDAQ OMX. "Dunbar provides us with technology that helps us to ensure the integrity of data in our platform."
The Dunbar Companies, America's largest independent, 100% American-owned, full-service security organization is comprised of seven operating companies including: Dunbar Armored – America's largest independent armored transportation carrier serving major retailers, financial institutions and government entities nationwide; Dunbar Cash Vault Services – state-of-the-art money rooms providing a complete line of cash management services to major banks and retailers; Dunbar Global Logistics – providing secure transportation solutions for the movement of valuable cargo worldwide; Dunbar Digital Armor – providing proactive, cutting-edge cyber security solutions to financial and retail markets via on-demand, cloud-based technology offerings; Dunbar Security Products – designer and distributor of the world's finest security containers and security-related business products; Dunbar Guard Services – supplier of professionally trained, uniformed guards; Dunbar Security Systems – designer and installer of electronic alarm and 24-hour monitoring systems supported by a UL®-approved central station.
Dunbar - The Most Trusted Name In Security® www.dunbararmored.com
CONTACT: Sean Gibbons Vice President of Corporate Communications The Dunbar Companies 50 Schilling Road Hunt Valley, MD 21031 Tel: 410-229-1764 email@example.comSource: Dunbar Armored