FWD View Partners with Sumo Logic to Deliver Continuous Intelligence for Financial Services and Banking Customers

 

 

 

 

 

London, United Kingdom – 3rd of August, 2020FWD View, the data transformation specialists for the financial markets, and Sumo Logic today announced a partnership to deliver continuous intelligence for financial services, banking and insurance providers. Sumo Logic is the market leader in continuous intelligence, helping enterprises make data-driven decisions, improve their approach to security and operational issues, and speed up software development.

The agreement further strengthens FWD View’s successful Data Protection Service, providing joint customers with real-time analytics and insights from a single, cloud-native platform to ensure data is protected at all times. On top of this security insight, software development and business teams can get insight into how changes made affect their performance based on real-time dashboards and data in context.

As organisations move to embrace cloud computing, they are often faced with more data than it is possible to analyse and handle using legacy tools. For FWD View, Sumo Logic provides a continuous intelligence platform that automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds.

As part of its continuous intelligence platform, Sumo Logic’s Cloud SIEM is a full-stack security incident and event management (SIEM) solution that fuses analytics and automation to support security analyst workflows and automatically triage alerts. With the threat landscape evolving at an unprecedented rate, Sumo Logic helps modernise security operations by automating the manual work for the security analyst, saving them time and enabling them to be more effective by focusing on higher-value security functions.

Carl Ferrer, Head of Technology at FWD View said: “We have spent a lot of time working with the Data Protection teams within our customers and the one thing that keeps them awake is a potential data breach. However, many Data Protection processes fall down because they put the technology first. We have a clear focus on ensuring we put our customers’ business processes first and then align the technology to fit. Working with Sumo Logic, our Data Protection customers can use Cloud SIEM Enterprise to reduce the time needed to investigate security and operational issues in a way that fits their processes, rather than trying to force their functions to follow their technology suppliers. Couple this with via a unique credit-based licensing model, and the combination of FWD View and Cloud SIEM Enterprise provides the most cost-effective way to provide prioritised and contextualized threat data.”

Ferrer continued: “Our focus on the Financial Markets and building successful Data Protection Services for companies across EMEA will help to make this the start of a long and fruitful partnership for both FWD View and Sumo Logic.”

Richard Bennington, Director of EMEA partner sales at Sumo Logic, said, “The shift to cloud computing and modern app architectures is creating a data tsunami that legacy SIEM solutions simply can’t keep up with. Sumo Logic’s cloud-native approach addresses the challenges facing today’s modern security operations centres (SOCs) to provide the real-time insights and continuous intelligence they need to mitigate potential risks as they come in. We are excited to work with FWD View and collaborate with them and their broad ecosystem of partners to deliver joint value to our customers.”

 

About Sumo Logic

Sumo Logic is a leader in continuous intelligence, a new category of software, which
enables organizations of all sizes address the data challenges and opportunities
presented by digital transformation, modern applications, and cloud computing.

The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and
analysis of application, infrastructure, security, and IoT data to derive actionable insights
within seconds. More than 2,000 customers around the world rely on Sumo Logic to
build, run, and secure their modern applications and cloud infrastructures. Only Sumo
Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-
cases, enabling businesses to thrive in the Intelligence Economy.

Founded in 2010, Sumo Logic is a privately held company based in Redwood City, California, and is backed by Accel Partners, Battery Ventures, DFJ Growth, Franklin Templeton, Greylock Partners, IVP, Sapphire Ventures, Sequoia Capital, Sutter Hill Ventures, and Tiger Global Management. For more information, visit

www.sumologic.com.

 

About FWD View

Founded in February 2017, FWD View’s mission is to be the No.1 Data Transformation Specialist in the Financial Markets Industry. We offer business-driven solutions and Managed Services, vital to the FS industry’s Digital and Data Transformation programmes. We’re delighted to count some of the world’s most prestigious Investment Banks, Asset Managers and Insurance companies as our customers. For more information, visit

www.fwdview.com

 

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FOR MORE INFORMATION, CONTACT:

Daniel Higgins
daniel.higgins@fwd-view.com