Today’s financial services organizations are trying to provide useful, convenient, and faster services to clients. Data on customers, processes, and partners are a key input in providing these services. To protect their proprietary analytics; comply with industry regulations, such as GLBA, GDPR, CCPA--as well as Data Residency requirements; and instill customer trust--financial organizations need to protect their growing volumes of data, without interfering with data-driven transactions.

 

OptimalCipher can help organizations encrypt data, and share and analyze it while encrypted. For example, today, bank loan applications often utilize digitized documents. OptimalCipher's technology permits extensive validation of encrypted documents, without decrypting them. Chatbots used in financial services websites can tailor advice based on client profiles and interactive messages. OptimalCipher's encryption can permit encrypted message search, including using fuzzy logic, without decryption. And retirement planning applications may take customers' current assets and future income, and suggest retirement asset allocations. OptimalCipher tools can do mathematical analysis over encrypted numbers, and therefore perform identical retirement planning, again without decryption.

 

Ultimately--OptimalCipher's technology allows for financial products to be innovated; without compromising the data which drives product improvement.

​