SOURCE: Compushare, Inc.

Compushare, Inc.

May 22, 2013 16:41 ET

Compushare Announces the Launch of Its Mobile Device Management Solution for Financial Institutions

Solution Assists in Ensuring Compliance and Mitigating Risks Associated With Bring Your Own Device (BYOD) Initiatives

SANTA ANA, CA--(Marketwired - May 22, 2013) - Compushare, the nation's leading Technology Management Provider for the financial industry and pioneer of C3 -- the only fully hosted cloud computing solution designed specifically for financial institutions -- announced today the launch of its Mobile Device Management (MDM) Solution. The solution is an expansion of the current Total Desktop Management Solution, which now provides additional visibility, control and protection on mobile devices such as smartphones, iPads, and tablets in order to mitigate the risks associated with BYOD. With the significant adoption of cloud computing, remote access of applications has risen, which makes mobile device security more important than ever before. 

According to a study recently published by The Gartner Group, the market and interest in MDM technologies is one of the fastest growing technologies among enterprises right now. "Driven by the move to iOS as the primary mobile device platform and the increased adoption of tablets, MDM has become the fastest-growing technology solution ever (in terms of number of suppliers, revenue growth and interest from Gartner clients)." Another recent study published by the International Information Systems Security Certification Consortium Inc., indicates that more than half of companies today allow users to connect their devices to the corporate network. While this initiative can significantly increase productivity, it's no surprise that with the proliferation of BYOD, the risks are significantly increased. 

"The cloud computing revolution has completely changed the technology landscape. Users can now access all their personal files, critical information, contacts, and messages from their mobile device anytime, anywhere. Asking these users to give up their personal mobile device, is no longer an option and therefore has created a significant challenge for the executives of banks and credit unions," said Kevin Prince, Compushare's Chief Technology Officer. "Our new MDM Solution is a result of the demands coming from financial institutions and will allow for a cost effective way to protect against the risks of lost or stolen devices with access to corporate data, the use of portable devices to transport sensitive information, accessing company information when an employee leaves the institution, and the subversion of policy through jailbreak and root techniques... all while giving employees the flexibility to use their own mobile devices such as smartphones, iPads and tablets," Prince added. 

Compushare's MDM Solution is made up of four key areas of protection including: Password Restrictions, Device Restrictions, Standardization of Mobile Deployments and Application Controls. For institutions that want to learn more about protection from mobile devices, click the following link ( to view to view the recorded webinar on "Successfully Managing Mobile Devices." 

About Compushare:

Compushare is the leading provider of high quality, innovative technology and compliance solutions for the financial market. Whether it's providing a totally outsourced cloud computing solution or assisting with the management of your technology or IT strategic plan, Compushare takes a consultative approach to its solutions. With more than 17 years of technology experience supporting over 380 financial clients nationwide, Compushare is a SSAE 16 SOC II Type II certified, FFIEC examined and preferred partner with many major providers. From our leadership team to the members of our service delivery team, our array of knowledge, certifications and practical expertise is unrivaled in the Financial Services Industry.

Learn more about Compushare, Inc. at

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