SAN FRANCISCO, CA -- (Marketwired) -- 07/03/13 -- Lockbox, the leader in privacy and security service, today announced that AdvisorSquare, part of the Smarsh suite of website services designed specifically for financial services professionals, has joined the company's affiliate community. This strategic partnership will use each company's expertise in the financial services industry to provide a new standard in privacy and security service to small and mid-size financial services clients.
In May 2013, Lockbox, an Australian-based cloud privacy service, announced the company's entry into the U.S. market. In conjunction with Lockbox's entry into the U.S., the company launched a new solution for the financial services market.
As a Lockbox affiliate, Smarsh will provide new and existing financial services customers with Lockbox privacy and security solutions including Lockbox Client Portal. Lockbox's privacy and security service combines document-level encryption and client-side key management technology to ensure confidential documents remain secure and private. The Lockbox Client Portal is easily set-up and requires only a single line of HTML code to be added to a business' website for deployment.
"With extensive expertise in the financial services industry, Smarsh is an ideal partner for Lockbox to help financial professionals establish a solid online presence, safely and securely," said Lockbox CEO Peter Long. "With the Lockbox Client Portal, we make secure file sharing easy to implement, easy to use, highly scalable, and completely private."
Smarsh provides hosted solutions for archiving electronic communications and helps organizations manage and enforce flexible, secure and cost-effective compliance and records retention strategies. AdvisorSquare, part of the Smarsh suite, provides investment advisors with Web-based tools to establish an online business presence in their highly competitive and regulated market.
"Privacy and security are critical within financial services for all communications types," said Stephen Marsh, Smarsh Founder and CEO. "By partnering with Lockbox, we're able to provide an added level of security to financial services firms using the AdvisorSquare platform."
"As a trusted Web-presence provider, we have been offering tried-and-true solutions to the financial services industry for more than 10 years," said Craig Bina, Client Relationship Manager at AdvisorSquare. "Lockbox will be an invaluable tool for our customers to know they can use the cloud to send sensitive documents to clients, but in a secure, private way."
Beyond privacy, security, and convenience, Lockbox ensures that each client visit is now an opportunity to leverage a brand, promote services, and increase revenue by offering a premium service. Additionally, Lockbox Client Portal allows information to be shared with multiple parties simultaneously. With end-to-end encryption, Lockbox makes transfer and collaboration quick, easy, cost-effective, and most importantly, secure and private.
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