Qognify secures global bank

1 October 2017 Security Services & Risk Management, Surveillance, Integrated Solutions

Qognify announced that one of the world’s largest banks and financial services companies has selected Qognify Situator and its Operational Intelligence Centre (OIC) module to help manage its global security and operations. The Qognify solution will manage security for locations in over 200 countries.

The bank has been using Qognify’s video management solution as part of its security programme for over ten years now, and is adding Situator and OIC to expand its capabilities to incident management and holistic risk management. When completed, the deployment will include global high availability architecture to support worldwide locations, all running on a single Situator system.

In addition to centralised management from a single location, the bank has set up Regional Security Operation Centres around the world to track and respond to incidents using a ‘follow the sun methodology’ reporting in to the Global Security Operations Centre. Powered by Situator’s Advanced Rules Engine (ARE) which is capable of handling thousands of events per second, this strategy gives the bank the ability to provide consistent and effective response to incidents happening simultaneously around the world.

The solution will be used by internal users as well as dozens of external stakeholders who will be assigned to Situator. Situator will also be integrating multiple sub-systems, including access control, video management, alarm, mass notification and other systems and sensors.

An advanced and technology-savvy organisation, the bank also acquired as part of the solution, OIC, an analytical engine that provides predictive, actionable intelligence to mitigate risk, maintain business continuity and improve operations.

Worldwide deployment commences in the coming weeks, with a joint team dedicated to the effort. Said Moti Shabtai, Qognify’s CEO and President, “We worked with the bank to devise a solution that would support both current and future needs”.





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Pentagon appointed as Milestone distributor
Elvey Security Technologies News & Events Surveillance
Milestone Systems appointed Pentagon Distribution (an Elvey Group company within the Hudaco Group of Companies) as a distributor. XProtect’s open architecture means no lock-in and the ability to customise the connected video solution that will accomplish the job.

Read more...
Visualise and mitigate cyber risks
Security Services & Risk Management
SecurityHQ announced its risk and incident management capabilities for the SHQ response platform. The SHQ Response Platform acts as the emergency room, and the risk centre provides the wellness hub for all cyber security monitoring and actions.

Read more...
Eighty percent of fraud fighters expect to deploy GenAI by 2025
Security Services & Risk Management
A global survey of anti-fraud pros by the ACFE and SAS reveals incredible GenAI enthusiasm, according to the latest anti-fraud tech study by the Association of Certified Fraud Examiners (ACFE) and SAS, but past benchmarking studies suggest a more challenging reality.

Read more...
Deception technology crucial to unmasking data theft
Information Security Security Services & Risk Management
The ‘silent theft’ of data is an increasingly prevalent cyber threat to businesses, driving the ongoing leakage of personal information in the public domain through undetected attacks that cannot even be policed by data privacy legislation.

Read more...
Data security and privacy in global mobility
Security Services & Risk Management Information Security
Data security and privacy in today’s interconnected world is of paramount importance. In the realm of global mobility, where individuals and organisations traverse borders for various reasons, safeguarding sensitive information becomes an even more critical imperative.

Read more...
Proactive strategies against payment fraud
Financial (Industry) Security Services & Risk Management
Amid a spate of high-profile payment fraud cases in South Africa, the need for robust fraud payment prevention measures has never been more apparent, says Ryan Mer, CEO of eftsure Africa.

Read more...
Re-imagining business operations with the power of AI
AI & Data Analytics Surveillance
inq., a Convergence Partners company, has introduced a range of artificial intelligence (AI) solutions to assist organisations across industry verticals in optimising business operations and improving internal efficiencies.

Read more...
How to prevent and survive fires
Fire & Safety Security Services & Risk Management
Since its launch in August 2023, Fidelity SecureFire, a division of the Fidelity Services Group, has been making significant strides in revolutionising fire response services in South Africa.

Read more...
Enhance control rooms with surveillance and intelligence
Leaderware Editor's Choice Surveillance Mining (Industry)
Dr Craig Donald advocates the use of intelligence and smart surveillance to assist control rooms in dealing with the challenges of the size and dispersed nature common in all mining environments.

Read more...
A long career in mining security
Technews Publishing Editor's Choice Security Services & Risk Management Mining (Industry)
Nash Lutchman recently retired from a security and law enforcement career, initially as a police officer, and for the past 16 years as a leader of risk and security operations in the mining industry.

Read more...