Digital transformation solution Q2 Holdings has released its Q2 TrustView service which is a multi-layered data management and protection service.
Its new platform offers controls on how individuals access data, delivers detailed data intelligence and reporting and protects critical data assets at rest.
Q2 TrustView mitigates breaches in real-time and safeguards critical data by fragmenting personally identifiable information across a private, low latency blockchain network and rendering inaccessible to any unauthorised entities. Its architecture also gives a comprehensive, immutable view of who accesses valuable data, when they view it, and how frequently.
To create this new service, the company worked alongside ALTR which uses blockchain technology to apply extra security to data. Leveraging ALTR’s core technology, TrustView gives Q2 an enhanced clarity of customer and end user data access.
ALTR CEO Dave Sikora said, “Our partnership with Q2, who is a leader in a highly-regulated industry, is powerful validation of the confidence banking and lending institutions are placing in ALTR’s technology.
“Data is critical to these institutions, and the integration of ALTR’s smart driver and blockchain technologies into Q2 TrustView reinforces Q2’s approach to data security, privacy and governance by implementing a critical human error countermeasure.”
Founded in 2004, Q2 Holding is a cloud-based digital transformation solutions developer which helps financial institutions upgrade their deposits, money movement, lending, leasing, security and fraud services.
Copyright © 2018 RegTech Analyst
