MOUNTAIN VIEW, CA--(Marketwired - Nov 14, 2016) - vArmour, the data center and cloud security company, today announced that Waha Capital, a leading investment company in the UAE, has deployed the vArmour Distributed Security System (DSS) as part of its data defense system. In addition, the rapidly growing investment company chose vArmour to secure the first fully digital trading portfolio management platform.
Waha Capital, which manages over US$2.7B in assets through direct and capital market investments, recently digitized and migrated its core operations to the cloud as the company works to accelerate agility and operational efficiency. This transition required vArmour DSS's application-aware visibility and policy management capabilities to effectively and dynamically adapt the operational environment at scale to enable digital transformation, embrace multi-clouds, and improve compliance and security posture.
"We are using technology to drive business transformation, operational excellence and innovation," said Fady Sleiman, Chief Information and Technology Officer at Waha Capital. "Our partnership with vArmour allows us to build intelligence and provides a strong platform to deploy software-defined networks (SDN) with great flexibility. Not to mention that vArmour also greatly enhances areas of our IT security strategy as threats continue to emerge."
vArmour DSS provides application-layer visibility and control of customer networks, applications and users to prevent, detect and respond to cyber attacks and breaches in data center and cloud environments. For Waha Capital, vArmour DSS was downloaded, installed, deployed and micro-segmented in less than one hour. The agility and operational efficiency extended from initial deployment to ongoing operational management, resulting in significant time reduction for network changes. In just a few minutes, Waha Capital can implement security and policy updates, far less than the 10-day timeline previously required for hardware-centric approaches or complex SDN deployments, making for an easily manageable fabric architecture.
"vArmour DSS is an agile solution ideal for growing companies like Waha Capital," said Tim Eades, CEO, vArmour. "We're confident that in working with vArmour, Waha Capital can continue to scale a diverse and robust portfolio while adhering to respective regulations of the many industries it serves."
vArmour, the data center and cloud security company, delivers software-based segmentation and micro-segmentation to protect critical applications and workloads with the industry's first distributed security system. Based in Mountain View, CA, the company was founded in 2011 and is backed by top investors including Highland Capital Partners, Menlo Ventures, Columbus Nova Technology Partners, Work-Bench Ventures, Allegis Capital, Redline Capital, and Telstra. The vArmour DSS Distributed Security System is deployed across the world's largest banks, telecom service providers, government agencies, healthcare providers, and retailers. Partnering with companies including AWS, Cisco and HPE, vArmour builds security into modern infrastructures with a simple and scalable approach that drives unparalleled agility and operational efficiency. Learn more at www.varmour.com.
About Waha Capital
Waha Capital is an Abu Dhabi-listed investment company that offers shareholders and third-party investors exposure to high-potential opportunities in diversified asset classes. The company manages assets across several sectors, including aircraft leasing, healthcare, financial services, energy, infrastructure, industrial real estate and capital markets. Through its Principal Investments unit, Waha Capital has established a strong investment track-record, deploying capital in sectors that display robust demand fundamentals and that have been prioritized by governments in the Middle East and North Africa region. The company has also built a strong capability in managing global and regional credit and equity portfolios, which have enhanced the diversification and liquidity of Waha Capital's balance sheet. The excellent performance of the company's principal investments and capital markets portfolios has laid the foundations for the launch of an asset management business aimed at third-party investors. Established in 1997, Waha Capital benefits from a roster of prominent local shareholders that includes Mubadala Development Company, and a distinguished board, chaired by H.E Hussain Jasim Al Nowais.