What You Need to Know
- RIA in a Box's new Virtual Desktop and MyRIACompliance Dashboard follows its acquisition of Itegria.
- Wells Fargo turns to Microsoft Azure and Google Cloud for its new digital infrastructure strategy.
- MSCI launches an Implied Temperature Rise solution that equips investors globally with data on how companies in their portfolios are aligning with temperature targets.
RIA in a Box released a new, cloud-based Virtual Desktop and MyRIACompliance Dashboard for RIA firms.
The new solution was designed to help RIA firms of all sizes protect against cyberattacks and boost productivity, while integrating with regulatory compliance activities, RIA in a Box said Wednesday.
The news follows RIA in a Box’s acquisition of Itegria, a provider of cloud-based virtual desktop solutions for RIAs, earlier this year.
All Virtual Desktop packages feature a virtual desktop solution that provides RIA firms with a “faster, more secure environment focused on mobility and flexibility and access to automated compliance and cybersecurity reporting,” RIA in a Box said.
The solution was built upon the National Institute of Standards and Technology information security framework that focuses on five functions: identify, protect, detect, respond and recover.
RIA firms using the solution gain access to cyber defense technologies including multi-factor authentication, data backup, disaster recovery, web filtering, vulnerability management, and access rights and controls. They can control which users are able to access data and manage devices, files and applications all in one place, RIA in a Box said.
Wells Fargo’s New Digital Infrastructure Strategy
Wells Fargo announced a new digital infrastructure strategy on Wednesday that it said combines a “multi-cloud approach with third-party data centers to drive technological speed, agility, and scalability for its customers and employees.”
Playing a key role in the digital infrastructure strategy is the wirehouse’s selection of Microsoft Azure as its primary public cloud provider and Google Cloud to provide additional business-critical public cloud services, the three companies said in a joint announcement.
For all clients, “this strategy will increase the speed of doing business with Wells Fargo,” a company spokesperson said Thursday. “We’ll be able to roll out new digital features and services sooner for our customers and clients.”
The new strategy is a “critical step in our multiyear journey to transform Wells Fargo, making it easier for customers to do business with us and creating a better working experience for our employees,” according to Saul Van Beurden, Wells Fargo head of technology.