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.
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