Perspecsys, the leader in enterprise cloud data control protection gateway solutions, announced that it has partnered with ClaimVantage, a leading provider of insurance claims processing applications. The combination of the Perspecsys AppProtex Cloud Protection Gateway and the ClaimVantage Cloud-based Claims Management solution enables customers to harness the power of the cloud, while ensuring the highest possible security of sensitive customer and policy information.
Via the use of encryption and tokenization technologies, the strongest available for cloud data control, Perspecsys AppProtex bolsters ClaimVantage’s ability to more securely provide faster, anywhere access to claims processing in the cloud, helping streamline the entire claims process for insurers, employers and third-party administrators. In this joint offering, the AppProtex Gateway intercepts sensitive ClaimVantage customer data, while it is still on-premise, and replaces it with random tokenized values, rendering it meaningless should anyone outside of the company access the data while it is being processed or stored in the cloud.
“As cybercriminals find new and inventive ways to access sensitive data, employing both tokenization and encryption technologies to add another layer of protection for data residing in the cloud is all the more essential,” said David Canellos, president and CEO, Perspecsys. “Often containing personal customer information, from social security numbers to life insurance premiums, the need for insurance industry applications to have bulletproof security is driving organizations like ClaimVantage to partner with Perspecsys to secure mission-critical data in the cloud.”
“Security is a critical component of our claims management solution, and we have evaluated a number of cloud data protection technologies during the past several years,” said Leo Corcoran, CEO, ClaimVantage. “We evaluated a number of solutions, but chose Perspecsys as it enables us to protect customer data with the strongest security without having to compromise the integrity and functionality of the ClaimVantage application. This helps our customers comply with industry regulations, while empowering users to maximize productivity and improve outcomes through the use of our claims processing solutions.”
The ClaimVantage application is based on the Force.com cloud development platform, simplifying the integration of claim processing functions across decision-making environments, reducing costs and improving scalability. Perspecsys AppProtex provides monitoring and reporting on cloud application usage while intelligently indexing encrypted and tokenized data. This preserves cloud application functionality, such as searching or generating reports, on protected insurance claims data. The combined offering provides a powerful claims processing application with the highest levels of security.
