Home Business IT Security NZ financial markets regulator secures mobile, data with Good Technology

NZ financial markets regulator secures mobile, data with Good Technology

New Zealand’s financial conduct regulator, the Financial Markets Authority (FMA), has deployed a solution from enterprise mobility solutions vendor Good Technology to secure mobile applications and data in the field.

The FMA has installed Good for Enterprise and Good Dynamics Secure Mobility Platform to allow it to secure mobile business processes and enable its employees to be more productive while on the move.

Established in 2011, the FMA is an independent Crown entity with the mandate to promote and facilitate the development of fair, efficient, and transparent financial markets, and is responsible for the conduct and disclosure regulation of financial markets participants in New Zealand.

The FMA’s Head of Finance and Business Operations, Dave Brady, said security was a key consideration for FMA when choosing its mobile platform.

“Given the nature of the finance industry and the role of FMA, it was critical for us to put in place a highly secure mobile solution.

“Good’s use in government agencies and departments both within New Zealand and around the world gave us the confidence that we were looking for in a secure mobility solution, particularly in regard to the security of our information.”

Brady said that with a secure mobile platform in place, FMA staff can now work more effectively in the field without having to return to the office to complete certain tasks - an approach he said was consistent with FMA’s IT strategy, to provide its employees with the right tools to do their jobs effectively, both in and out of the office.

“With the Good Dynamics platform, we will be fully mobilising this workflow so that our people can securely record and enter information via their mobile device. We’ll also be looking to secure our Microsoft Dynamics CRM mobile application with Good’s secure data container.”

FMA currently has around 110 mobile-enabled employees, using a mix of Android and iOS phone and tablet devices, and for BYOD the organisation requires a minimum of either Android 4.2 or iOS6 to be installed on the device.

"It is outstanding to see FMA exploring the true transformative potential of mobility,” said Andy Jacques, senior vice president of worldwide sales at Good Technology.

“Like many organisations in the financial services industry, they have acknowledged how critical security is first and foremost. From a user perspective, they have also taken into account not only the importance of device choice, but also the ability to empower employees to do their jobs more effectively and efficiently in the field through mobilising and securing workflows and business processes.”

According to Jacques, Good for Enterprise is the only mobile messaging solution for iOS and Android that is Common Criteria EAL-4+ certified and which uses FIPS 140-2 validated encryption.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).