eXate's data privacy solution to protect client data, restricting access and safeguarding data transfers, is pre-integrated for easy deployment on Temenos open platform.
London, England - May 17, 2022 - eXate, a leading provider of Data Privacy, today announced APIgator is available on Temenos Exchange, the open marketplace for fintech solutions.
eXate is Smart Data Privacy. The eXate solution aggregates multiple data protection techniques from format-preserving encryption to dynamic rules-based data masking. The solution remediates the hard data problems, including discovering data leakage, protecting risks in your organisation and automatically enforcing granular data access controls, from a privileged user access and cross border data transfer perspective.
Now that eXate is available on Temenos Exchange, banks have the capability to easily revoke access to datasets or individual data attributes, instantly know who is accessing data and for what purpose, can share and protect third party data, even beyond operational borders, Additionally, clients can have encryption keys per client, which can be destroyed/revoked on demand. The solution can be deployed and delivered on premise/on private Cloud, as a SaaS solution, or a hybrid of both.
With data privacy embedded, eXate allows banks to easily apply protection to their data, securing confidence and reputation with customers.
Temenos Exchange brings open innovation to market faster, and at scale. The marketplace offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.
Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: "Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. Joining Temenos Exchange means eXate can write once and sell its solution across a vast banking audience of more than 3,000 clients in 150 countries. Collectively, this community serves the banking needs of 1.2 billion people worldwide."
"APIgator is currently the only platform capable of monitoring and analysing your API estate for regulatory and organisational data breach threats, then quickly remediating and removing the risk of your organisations data being incorrectly exposed and distributed." said Robert Greenwood, Chief Product Officer
"eXate’s participation in Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of APIgator. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.”
About eXate
eXate is an aggregator of Privacy Enhancing Techniques focused on consistently protecting Data in Motion (APIs and streaming), as well as Data at Rest. With fine-grained access controls, and the ability to apply the Principles of Least Privilege, eXate can automatically enforce data policies and control the flow of sensitive data within a firm and across geographic borders.
With more than 2/3rd of the world's population being covered under data protection regulation, the demand for data privacy by consumers is at an all-time high. 87% of consumers have indicated that they will not do business with a company who does not protect their personal data. As a result, 94% of companies now share privacy metrics with their Boards, and it is getting exponentially harder for organisations to stay on top of current data privacy demands.
Securing data is hard. eXate makes it easy.
# # #
For any further enquiries please contact Apostolos Lambrianides, Head of Marketing: apostolos.lambriandies@exate.com.