FNTS, a multi-cloud and managed IT services provider, today announced the launch of the FNTS Financial Services Cloud and the FNTS Healthcare Cloud. The industry-specific solutions are released at a time in which these industries face mounting risks to security and compliance due to an evolving threat landscape. Earlier this year, attacks targeting the financial sector rose 238% (VMWare), and in 2019, the healthcare industry accounted for 4 out of every 5 data breaches (HIPAA Journal).
“Not only can downtime and regulatory fines be costly, but the damage caused to an organization’s brand can be insurmountable,” said FNTS President Kim Whittaker. “We know from the deep relationships we have with our clients and the decades of experience serving highly regulated and compliance-driven industries that they not only need a tailored cloud solution to serve them, they also need a strategic co-innovation partner who will guide them through the process and work with their internal team on digital transformation efforts.”
Backed by the company’s 160-year heritage in banking and finance, the FNTS Financial Services Cloud and the FNTS Healthcare Cloud help organizations stay steps ahead of compliance requirements by adhering to the most stringent regulatory standards pertaining to FFIEC, GDPR, GLBA, PCI and SOX. FNTS provides robust security programs that assist banks with FFIEC Cybersecurity Assessment Tool (CAT) maturity, and medical-grade solutions that help healthcare organizations comply with HIPAA and HITECH regulations.
The new offerings also provide flexibility for clients to pair one of FNTS’ four managed services packages with the preferred level of security and compliance for a right-fit solution while migrating workloads to public or private cloud environments. The true value of these offerings come with the trusted partnership and support organizations receive from FNTS throughout their modernized cloud journey and beyond.
“Our dedicated experts understand the complex systems and applications that are mission-critical in serving customers in these industries. We become an extension of an organization’s team to provide a high level of ongoing personalized support that empowers teams to focus on strategic initiatives instead of day-to-day IT tasks,” said FNTS Chief Information Security Officer Robert LaMagna-Reiter.
As the future of financial services and healthcare is reimagined through more business capabilities and customer self-service tools, FNTS’ public and private cloud environments have the redundancy and resiliency to provide improved availability, reliability and scalability, enhancing performance and speed-to-market while reducing operational costs.