BlueVoyant partners with Foreside Financial on cybersecurity

Source: IBS Intelligence 2020-07-31

New York-based BlueVoyant has announced a strategic partnership with Foreside Financial Group to provide the company’s cybersecurity consulting, Professional Services (PS) and Managed Security Services (MSS) solutions to Foreside’s clients in the global asset and wealth management industry.

Foreside, which provides regulatory and compliance service and technology solutions will offer tailor-made cybersecurity consulting programs and Managed Detection and Response (MDR) solutions for all of its 2,000+ Investment Advisors, Broker-Dealers, and global asset managers clients.

“Investment advisors and broker dealers are a common target for threat actors, as they handle highly sensitive client information. Therefore, a proactive, defensive stance is required to protect financial-related data from theft and exploitation,” said Mark Alcaide, Senior Managing Director, Foreside.

Foreside will offer BlueVoyant’s MSS to clients, including MDR, and Security Information and Event Management (SIEM) capabilities. Additionally, Foreside has partnered with BlueVoyant to offer Penetration Testing, Incident Response, and a full range of cybersecurity consulting services.

“BlueVoyant’s partnership with Foreside capitalises on the firm’s position as one of the leading providers of compliance consulting solutions to Investment Advisors and Broker-Dealers,” said Jim Rosenthal, co-founder and CEO, BlueVoyant. “Foreside’s clients can now access BlueVoyant’s cybersecurity tools through Foreside’s centralized client portal, allowing them to develop, implement, and maintain a customized cybersecurity program designed to meet their objectives.”

BlueVoyant recently raised $68 million in funding led by Temasek. The company’s team includes former government cyber officials with extensive frontline experience in managing cybersecurity on behalf of the National Security Agency, Federal Bureau of Investigation, Unit 8200 and GCHQ, together with private sector experts. Founded in 2017 by Fortune 500 executives and former Government cyber officials and headquartered in New York City, BlueVoyant has offices in Maryland, Tel Aviv, San Francisco, London and Latin America.

Foreside is headquartered in Portland, Maine, with numerous regional offices, including New York and Boston. The company delivers advice and technology solutions. For 15 years, Foreside’s suite of services and platform-based model have helped automate and simplify compliance and marketing for clients. Foreside works with pooled investment products, investment advisors, broker-dealers, global asset managers and other financial institutions.

BlueVoyant

Foreside Financial Group

BlueVoyant partners with Foreside Financial on cybersecurity

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