announced they have won two “strategically important” contracts. The cybersecurity software firm will be working with a wealth management service provider for first contract and a UK university for the second.
Both contracts are for an initial period of 12 months, covering a comprehensive package of software, including Osirium’s PxM Platform, and consultancy.
The wealth management group tapped Osirium to address security and operational challenges, asking Osirium to focus on managing privileged credentials and third parties’ access to key infrastructure.
The UK university, on the other hand, is upgrading its current use of Osirium’s PxM Express offering for a limited number of devices to better “understand its range of Privileged Access Management capabilities.”
David Guyatt, Chief Executive Officer, commented on the news, “We're delighted to have been awarded these contracts as institutions increasingly appreciate the danger that access management represents and, as leaders in PAM, our unique ability to address it through our innovative and easily deployed solutions.
The major financial group was particularly impressed with the way Osirium's award-winning Task Management functionality will automate key processes, whilst the contract with our second major UK University reinforces our strategy of making Osirium technology available to selected prospective customers with our no-charge offering, allowing them to experience the value and security it offers, as a step to becoming a customer of the full solution."
For more news and updates on Osirium Technologies:
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
On today's podcast: Upland Resources on their corporate migration to Jersey. Salt Lake Potash covers the three key executive appointments they've made this weeK. Mirriad Advertising explain their AI platform. John Meyer Anglo Asian Mining, Keras Resources & Serabi Gold.
SP Angel research note on commodities and miners, featuring: Acacia Mining (ACA LN) – Resumption of gold exports from North Mara AfriTin Mining* (ATM LN) – Uis tin project drill results OreCorp (ORR AU) - Raises A$13.5m to consolidate its ownership of the Nyanzaga gold project in Tanzania Solgold* (SOLG LN) – Annual report published
Shares in Aston Martin tumbled to a new low as pressure continued to mount on the British luxury carmaker amid a broader market rout, Burford Capital has bowed to pressure and promised to shake up its boardroom in the wake of a blistering ‘bear attack’ on its shares by US short seller Muddy Waters last week
On today's podcast: Europa Metals provide a drilling update on their zinc, lead, silver project in Spain. Adamas Finance Asia describe their strategy. Chris Bailey covers: GVC Holdings, FirstGroup & Prudential. Glen Goodman talks crypto.
SP Angel research note looks at commodities and miners, featuring: Altus Strategies* (ALS LN) – Gold discovery on the Zager licence Atalaya Mining (ATYM LN) – Q2 production helps maintain 2019 production guidance Europa Metals Limited (EUZ LN) – Drilling results from Toral zinc, lead, silver project in Spain Gem Diamonds (GEMD LN) – Letseng achieves 10% higher prices in H1 2019 Keras Resources* (KRS LN) – BUY, Valuation rises to 1.08p – Calidus raises A$9m from investors in Australia to fund drilling and DFS Scotgold Resources* (SGZ LN) – Appointment of director Tirupati Graphite (private) – Operations update Thor Mining (THR LN) – Thor confirms it has sufficient funds to meet commitments over next six months