The banking, financial services, and insurance (BFSI)
industry vertical includes financial institutions such as commercial banks,
insurance companies, and non-banking financial companies. Cutting-edge cybersecurity
software solutions in BFSI are imperative in this vertical due to the highly
sensitive financial data that these organizations deal with on a daily basis. Cybersecurity
helps the BFSI vertical deal with different challenges, such as upholding stringent
regulatory and security requirements while providing superior customer service.
IBM
is a provider of advanced and integrated cybersecurity solutions that help enterprises
effectively defend against emerging threats and manage risks. It is recognized
on the 360Quadrants platform as a visionary
leader. This recognition is due to its high scores during expert evaluation, its
mature and reputable cybersecurity solutions, and its strong business
strategies.
Recently, IBM renewed its agreement with Boursorama, a
subsidiary of the Société Générale group. Boursorama has renewed its original
2014 agreement with IBM with an aim to reinforce its digital growth. The two
organizations signed a hybrid cloud contract that is valid for another five
years.
According to the terms of this contract, IBM will help
enrich Boursorama's product and service offerings. IBM will also help the bank maintain
high levels of availability and security in order to support its everyday operations
and compliance with regulations. Through the agreement, Boursorama will make use
of IBM’s new cloud services in its banking business.
Boursorama is a market leader in internet financial
information, online brokerage, and online banking. It has over 1.7 million
clients and has chosen IBM Cloud for several reasons, such as its resilience, which
allows both companies to provide industry-leading services to Boursorama’s ever-increasing
customer base. The use of IBM’s cloud infrastructure allows Boursorama to rapidly
enrich its product and service offerings, including everyday banking,
precautionary savings, and stock market services. Today, with the help of IBM, Boursorama
offers 827 free features that simplify the daily lives of its customers.
360Quadrants also lists competitors
of IBM in the cybersecurity software in BFSI pace.
