Encryption Key Management for UK National Wealth Management Experts
Succession Group is a UK national, wealth management advisory company who deliver a first-class experience for their private and corporate clients. Their tailored Wealth Planning solutions help clients achieve their financial goals and expectations.
Succession Group have more than 17,000 clients who benefit from their financial solutions. Over £10.5bn is entrusted to Succession Group’s specialist Wealth Planners and Advisers.
The Challenge
Succession is a rapidly growing private-equity-backed wealth management group. The business intends to acquire 50 smaller IFAs and Wealth Managers by the end of 2017.
With this goal in mind, the test is to continually help Succession to protect all devices and to incorporate a robust encryption solution on newly acquired businesses to protect client data.
When it comes to encryption, financial institutions must make sure that they have a policy in place that is not only mandatory, but also manageable. No financial institution wants to deal with the reputation damages resulting from a data breach.
The Consultation
Following the initial introductory call with Succession, a meeting and demonstration was setup to show the Succession Group how easy the Managed Encryption product is to deploy.
Succession saw a huge benefit with MFG managing the encryption solution once their resident IT department had rolled out the encryption on each of their devices. MFG is the only encryption provider to offer a fully managed encryption solution for all devices: desktops, laptops, removable media, tablets, mobiles and now even cloud.
The Solution: MFG Managed Encryption
Not all organisations have the resources, time or expertise to deploy and maintain an encryption solution, we get that. Yet without it, information about your employees or customers on a laptop that goes missing represents a significant risk. In the hands of the wrong people, that data could be used in any manner of ways to negatively impact your company’s reputation, finances and sensitive information. Think about it – Can you afford to take the risk?
MFG offer a cost effective, hassle-free solution; Managed Encryption.
The security of our client and corporate data is critical to our business and we required a solution which gave us total confidence that our data was protected. The Managed Encryption service from MFG has delivered a complete solution to ensure our data remains safe and secure across our national business. The team at MFG have been fantastic, very knowledgable and supported us throughout the entire deployment. I would highly recommend MFG.
James Stevenson
Operations Director, Succession GroupView More Case Studies
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Would your customers benefit from our Encryption Solution?
MFG's Partner Program has been specifically developed to help IT companies help their existing clients and attract new customers. Data security breaches and concerns are on the rise and you should be proactively advising your clients on data encryption around the GDPR and Data Protection Act of 2018.