News
mydesq selects Encap Security to boost productivity and engagement for wealth managers
November 2015 by Marc Jacob
Encap Security, provider of uncompromising authentication for financial institutions, has announced that mydesq, a high growth fintech firm, will integrate Encap’s Smarter Authentication platform into its next generation wealth management solution.
mydesq provides wealth managers with a next generation workbench allowing them to improve their service to clients, provide an enhanced client experience, comply with regulations and increase their productivity. Using mydesq, wealth managers can on-board clients quickly and easily, gain a deep understanding of their clients’ needs, and access all of the necessary information to create tailored investment recommendations. It also allows managers to monitor investments and interact securely with the clients online.
Encap’s Smarter Authentication platform turns any device into a security credential removing the need for cumbersome and costly SMS codes and hardware such as tokens and SIM-cards. mydesq’s wealth management solution now boasts an enhanced user experience which is:
• Intuitive – users can authenticate using a variety of native device based methods including one-touch access via Apple Touch-ID
• Avoids context switching – users don’t have to leave the application to copy and paste a code. Authentication is integrated and contextual to the activity at hand
• Delivers a consistent experience – users will be able to use the same method of authentication (PIN, Touch-ID etc.) across mobile, web, call centre and branch
In addition, mydesq will be able to take advantage of Encap’s PKI key-generation technology and provide legally binding digital e-signatures to their customers, removing the burden of slow paper-based processes.
