VIENNA & ZURICH – (BUSINESS WIRE) – RIDDLE & CODE, an innovative European provider of secure infrastructure and technologies, and Securosys, a leading provider of cybersecurity, encryption and protection of digital identity, today announced a strategic partnership. The partnership includes the provision of Securosys HSMs for the Token Management Platform (TPM) from RIDDLE & CODE.
The Token Management Platform is the next generation of the digital asset management solution from RIDDLE & CODE for banks. The company works in a secure cloud infrastructure and offers scalable and flexible depot and tokenization services for the finance, energy and metal industries in Europe. Compliance with regulations was achieved in collaboration with the Swiss financial industry.
Securosys HSMs extend the TMP platform from RIDDLE & CODE with security functions for banks and relevant compliance processes.
“Our token management platform is now fully compatible with Securosys HSMs and offers our customers an unmatched combination of versatility and security in the areas of energy, finance, materials and mobility. We are pleased to work with Securosys and appreciate the recognition and expertise of European industry. The successful provision and integration of our software with Securosys hardware in the Swiss financial sector has made this partnership a natural choice for us. “Alexander Koppel, CEO of RIDDLE & CODE.
Securosys Primus HSMs are a robust solution for securing crypto assets. Business security is continuously being expanded to include additional functions to protect new blockchain systems that hit the market. The main advantage of HSMs is a strong guarantee of security through tamper protection and strict access controls for administrative processes.
“We are pleased to deliver our Primus HSM for Riddle & Code’s Token Management Platform,” said Robert Rogenmoser, CEO of Securosys. “Securosys Blockchain HSM not only offers the best protection for private keys, but also integrated multisig authentication and algorithms for distributed general ledger technologies.”
Puzzles & Code
RIDDLE & CODE is the leading European blockchain interface company that creates hardware and software stacks and gives objects and people a trustworthy identity in the financial markets, energy distribution, mobility and the Internet of Things.
www.riddleandcode.com
Securosys SA
Securosys SA, based in Zurich, Switzerland, is the market leader in the fields of cybersecurity, encryption and securing of digital identities. Securosys was founded in 2014 and secures the Swiss financial markets on behalf of the Swiss National Bank and protects transactions worth over 100 billion euros every day. The company supplies more than half of the tier 1 banks worldwide with hardware security modules developed and built in Switzerland.
Securosys offers a wide range of security network appliances for commercial applications. This includes communication encryption and the generation and management of keys. All products are developed and manufactured in Switzerland, free from contaminating influences.
Further information can be obtained directly from Securosys SA by e-mail at [email protected], by telephone on +41 44 552 31 00 or in the branches in Zurich, Munich and Hong Kong.
www.securosys.com
/cloudfront-us-east-2.images.arcpublishing.com/reuters/OR4ENKIGRNLQXDTK4Q5BMK7JNY.jpg "U.S. banking regulators engaged on local weather threat administration steerage, official says")
