MobileIron Provides Mobile Device Management for Thames River Capital
December 06, 2011
By Susan J. Campbell
, TMCnet Contributing Editor
The wireless world has arrived and for those operating in the financial services industry, the demand among the customer base is significant. In fact, financial services organizations were among the first to implement wireless email 10 years ago and now smartphone, tablet computers and mobile business apps must be supported. At the same time, security is critical, making mobile device management a priority.Susan J. Campbell is a contributing editor for TMCnet and has also written for eastbiz.com. To read more of Susan’s articles, please visit her columnist page.
MobileIron is one company focused on providing mobile device management solutions for the financial services industry. A number of organizations within this field struggle with the best way to provide the optimal user experience without compromising the security necessary for regulatory compliance. Mobile device management should include lock, wipe, encryption, password enforcement and more advanced methods such as access control, certificates, and the separation of professional and personal data.
A recent case study captured the importance of mobile device management. Thames River Capital is part of the F&C group, a boutique investment firm in the U.K. The performance-focused firm must enable fund managers, partners and investors to have access to email and applications within the line of business 24 hours per day, seven days a week. Mobile devices provide great connectivity, yet securing these devices is still a significant challenge.
Thames River Capital needed a mobile device management policy in place to determine which devices could access the network. The aim was to mitigate the risk of sensitive data becoming vulnerable to theft or misuse through lost or stolen mobile devices. The firm also needed to shift from a 100 percent corporate-liable model for smartphones, so employees could use their own devices.
BlueFort Security provided the necessary mobile device management for Thames River Capital. This U.K.-based, independent VAR focuses their specialty on Secure Application Access, delivering cost-effective solutions that will address compliance challenges. To make this final selection, Thames River Capital engaged in a broad vendor selection process, seeking support for a wide range of devices, the ability to evolve and rapidly accommodate new and emerging smartphones, a management platform that was also virtualized and strong technical support from a local partner.
“After speaking with Bluefort, our preferred IT security integrator, we went through and clarified our key smartphone and mobile device management challenges,” said Robert Cockerill, IT Manager, Thames River Capital, in the case study. “After assessing our requirements, Bluefort recommended the MobileIron Virtual Smartphone Platform. Following a successful evaluation, we implemented the technology and haven’t looked back.
”One key element within the Bluefort offering was the MobileIron Virtual Smartphone Platform, as it provides IT with a centralized view of mobile activity and usage. Thames River Capital has already reported measurable benefits from this mobile device management deployment, including intelligent data on usage and quality of service. Now, Thames River Capital can accommodate capacity planning and cost control, while they enforce mobile device management policies.
“If there’s one thing we’ve learned during this process, it that one should only embrace employee-owned devices if one also has foolproof tools for their management,” Cockerill concluded. “MobileIron provides exactly the framework we needed to let our people use the device of their choice.”
Edited by Jamie Epstein