Q2 and ALTR Expand Partnership to Deliver Unparalleled Data Control and Protection to Financial Institutions
22 März 2022 - 2:00PM
Business Wire
ALTR’s patented security technologies and unprecedented
combination of data control and protection form the foundation for
Q2 Trustview™, powered by ALTR, to provide data governance and
security to Q2 banking and lending customers.
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital
transformation solutions for banking and lending, and ALTR,
innovator of complete data control and protection solutions, today
announced the long-term extension and expansion of their strategic
technology partnership through 2026 to deliver unrivaled data
governance and security to Q2 customers.
With the increasing importance of controlling and protecting
sensitive data, the accelerating regulatory environment, and the
renewed focus on data privacy, especially in the financial services
industry, ALTR’s unique combination of data governance and security
capabilities make the company a crucial innovation partner for Q2
moving forward, delivering inimitable benefit to end customers and
support for data security initiatives throughout Q2’s
ecosystem.
“As part of our mission, Q2 continues to drive digital banking
forward by employing the industry’s most innovative technologies
and offering the most effective solutions to help strengthen
community financial institutions,” said Lou Senko, Chief
Availability Officer of Q2. “We quickly recognized that ALTR’s more
than 35 patented technologies and industry-leading approach to
combining data governance with security would be key to delivering
enterprise-class data protection to our customers. After working
together for three years and seeing the substantial,
differentiating value created by embedding ALTR-exclusive
capabilities into our platform, we’re thrilled to extend the
partnership.”
Q2 TrustView™ powered by ALTR, provides an enhancement to Q2’s
multilayered data management and protection approach that controls
how individuals access data, delivers detailed data intelligence
and reporting, and protects critical, regulated financial data
assets. ALTR’s enhanced data consumption visibility, automated,
policy-based access control, and powerful data protection
functionality are the foundation for Q2 TrustView™, allowing Q2
customers to safeguard critical user data, avoid the pitfalls of
manual data management, and provide the level of cybersecurity that
their account holders expect.
“The expansion of our alliance with Q2, a leader in the
highly-regulated financial industry, is potent validation of ALTR’s
approach to solving the data governance and security problem,” said
Dave Sikora, CEO at ALTR. “Knowing, controlling, and protecting
data are all critical to meeting regulatory requirements around
data privacy and financial data security. Only ALTR offers the
complete solution to keep that data secure.”
The relationship originated in 2018 when Q2 partnered with ALTR
to help achieve PCI compliance for its Biller Direct application.
By working closely with ALTR, Q2 implemented ALTR’s solution to
secure and control its sensitive user and business data in the
cloud to become Level 1 PCI DSS certified in just 30 days. Q2 has
continued to expand its use of ALTR throughout its application
portfolio, including its market-leading online/mobile banking
platform, and enterprise cloud data warehouse projects with
Snowflake. This agreement extends the partnership for five years
through 2026.
About Q2 Holdings, Inc.
Q2 is a financial experience company dedicated to providing
digital banking and lending solutions to banks, credit unions,
alternative finance, and fintech companies in the U.S. and
internationally. With comprehensive end-to-end solution sets, Q2
enables its partners to provide cohesive, secure, data-driven
experiences to every account holder – from consumer to small
business and corporate. Headquartered in Austin, Texas, Q2 has
offices worldwide and is publicly traded on the NYSE under the
stock symbol QTWO. To learn more, please visit Q2.com.
About ALTR Solutions
ALTR is the only complete data control and protection solution
that allows customers to know, control, and protect sensitive data,
wherever it is, so they can maximize its value while minimizing the
risks. ALTR simplifies and unifies data governance and security,
allowing anyone the ability to confidently store, share, analyze,
and use their data. Customers gain unparalleled visibility into
data usage across their organization, intelligence to create
advanced policies, automated data access control, and patented data
security. With ALTR’s no-code cloud platform, customers can
implement data control and protection in minutes instead of months.
To learn more, please visit ALTR.com. To start with the ALTR Free
plan today, sign up here.
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version on businesswire.com: https://www.businesswire.com/news/home/20220322005531/en/
Carly Baker Q2 Holdings, Inc. 210-301-1706
carly.baker@q2.com
Kim Cook ALTR Solutions 512-608-5444 kim@altr.com
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