One of the World's Largest Asset Managers Enables Regulator-Grade External Collaboration

Challenge

Shortly after committing to a "no cloud" strategy, one of the world's largest asset managers was required to disclose details of its trading algorithms to a regulator to support a new product offering. The regulator operated under strict security standards that ruled out every legacy data-sharing product the firm had available: no plug-ins, no specific software versions, full auditability on both sides, and sharing that was 100% revocable on demand.

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Solution

After a thorough evaluation, the firm selected eSHARE Trusted Sharing as the only solution on the market that let its users apply fine-grained controls directly from their existing email and collaboration tools — without deploying software or plug-ins to recipients or requiring them to run the latest software versions.

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Results

• The original regulatory disclosure requirement was met in full, with complete auditability and on-demand revocation
• The firm now uses eSHARE to collaborate with any external party in the cloud, not just for the original special case
• The organization has adopted a "cloud first" strategy and added 10x the number of Trusted Sharing seats to support consultants, outside counsel, advertising partners, and other external collaborators