Osirium Technologies (OSI) 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."
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