BT makes LockPath's GRC app available to its Radianz cloud community

The first of several SaaS applications being made available, says the company

BT said it has made LockPath's Keylight platform for governance, risk and compliance (GRC) available to the cloud based community on the BT Radianz Managed Infrastructure.

The UK based telecom said this is the first of several Software-as-a-Service (SaaS) applications being made available through the BT Radianz cloud to address broader business needs of customers.

LockPath's Keylight platform provides US and internationally regulated businesses with a fully automated governance, risk and compliance data reconciliation and reporting process.

It consolidates business critical risk and compliance data into a clear, easy-to-use dashboard and provides a single point of control that ensures compliance across the enterprise.

Customers can leverage the security and privacy of the BT Radianz cloud to access the Keylight application, while having the option to simultaneously host data in any of the global BT Radianz Hosting data centres.

BT managing director of Radianz & Payments José Antonio Martinez said the demand for automated solutions to manage governance, risk and compliance requirements has grown significantly since the financial crisis.

"Feedback from our financial community shows that users want access to financial and governance, risk and compliance applications via a single, secure reference point to their organization," Martinez said.

"We are excited to respond to these market requirements by offering Keylight to the BT Radianz community. Our 15,000 member locations around the world can now access this SaaS based application in a secure, scalable and reliable way."

LockPath CEO Chris Caldwell said this deal creates additional functionality and value for both BT's and LockPath's customers by providing a next-generation risk platform that can now be accessed via a trusted environment.

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