Financial
Industry regulations require reliable,ÌýaccurateÌýand traceable timestampsÌýonÌýall electronic transactions.Ìý
Industry regulations require reliable,ÌýaccurateÌýand traceable timestampsÌýonÌýall electronic transactions.Ìý
Industry regulations require reliable,ÌýaccurateÌýand traceable timestampsÌýonÌýall electronic transactions.Ìý
We make Stratum 1 Network Time Servers that provide secure, accurateÌýand reliable time inside your firewall. Guaranteed.
PTP/IEEE-1588ÌýGrandmaster Clocks with a timingÌýaccuracy of better thanÌý10Ìýnanoseconds to UTC.
Financial institutions are those businesses engaged in banking, insuring, stocks and bonds, financial advice, investing, and the payment card industry.Ìý (Traders click here.) These organizations are under pressure to be compliant with an increasing number of federal and industry regulations. Among these are Sarbanes Oxley, the Order Audit Trail System (OATS), and the Visa Payment Card Industry Data (PCI) Security Standard.
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These regulations require that all financial transactions and changes to electronic records be accurately timestamped. Accurate timestamping supports audits and other forms of authentication verification. To provide accurate timestamps all network devices need to be synchronized relative to national and international time standards.
One way to synchronize the time across your IT network is to access an Internet Time Server. This is a security risk because it requires you to open port 123 in the firewall, creating an entry point for hackers.
The best solution for time synchronization is to install a reliable and secure source of network time inside your firewall. This will ensure accurate timestamping of all electronic records and transactions. We offer several different time server models which will synchronize your network time to Coordinated Universal Time (UTC). UTC is recognized and used worldwide as the time standard for electronic record timestamping. Our time servers obtain UTC through either the Global Positioning System (GPS) or through the CDMA cell phone system. Both systems are extremely reliable sources of time.
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