FINANCIAL
CUSTOMER DESCRIPTION:
Sector: Financial
Technologies: Time Solution
Overview:
If you're running a financial business, you know how important it is to keep all your systems and devices in sync. That's where Network Time Protocol (NTP) comes in. Here's why:
- Accurate time synchronization is crucial in financial trading. Even a small difference in time accuracy can result in significant financial losses.
- Regulatory requirements demand accurate time-stamping of financial transactions, and NTP ensures that your systems comply with these regulations.
- NTP ensures that your risk management systems are accurately timestamped, allowing you to identify and manage financial risks in real-time.
- With NTP, you can process millions of transactions daily, including trades, wire transfers, credit card transactions, and ATM withdrawals, all while keeping accurate time-stamps.
CUSTOMER CHALLENGES
- PKI and digital signatures require accurate time-stamping to ensure transactions are secure and protected from fraud. NTP helps maintain accurate time synchronization between all systems and devices to ensure the integrity of the digital signature and PKI systems.
- Compliance with regulations such as PCI DSS v3.1 and SEC's Regulation NMS requires accurate and real-time logging of all access attempts and time-stamping of financial transactions. NTP helps meet these requirements by ensuring accurate time synchronization across all systems and devices.
- Hardware Security Modules (HSMs) require accurate time-stamping to provide secure transaction processing. NTP helps keep HSMs accurately synchronized to prevent any discrepancies that could lead to financial losses.
- Accurate time-stamping of ATM transactions is crucial for preventing fraud and ensuring compliance with regulations. NTP ensures all ATM transactions are accurately time-stamped, providing an extra layer of security for your financial transactions.
- Risk management systems should be time synchronized as they are time sensitive. Accurate and synchronized clocks are essential for identifying and managing financial risks in real-time. Timestamping is also critical for auditing purposes, ensuring that transactions are recorded accurately and in the correct order.
RNTRUST SOLUTION
- Installing a source of network time directly inside your firewall, synchronizing your network time to Coordinated Universal Time (UTC) from GPS/GNSS. This method is recognized globally as the most trusted option, with widespread adoption in financial institutions.
- With our expertise in designing, implementing, and providing localized support for precise time and frequency synchronization solutions, time distribution chassis, and time displays, RNTrust is equipped to meet your specific needs.
- Our system is compliant with environmental regulations and adheres to federal and industry regulations, including Sarbanes Oxley, PCI DSS, NESA, and ADSIC. You can trust us to keep your NTP compliant and secure.
- Plus, with RNTrust Localize Support Services - "STRATUMONE 24/7 SLA," you can rest easy knowing our team of technical experts are dedicated to ensuring maximum availability of your NTP and its components. We collaborate with your Support Teams to troubleshoot any hardware and software issues that may arise with your NTP products.
Choose RNTrust for a trusted, reliable, and compliant NTP solution that meets your needs.
