European IT-security specialist and software developer Wallix has opened a subsidiary in the United States. The company, which already has offices in France and England, will promote Wallix AdminBastion (WAB) and Wallix LogBox in the US market from its headquarters in New York City.
"North America is the leading market in the world for Identity & Access Management software (IAM). WAB-style products have become indispensible in business thanks to the weight of financial regulations on listed companies and financial institutions, and the importance of risk management. It is the role of CISOs [Chief Information Security Officer] and risk managers to know how to trace every computer transaction on the network,” explains Jean-Noël de Galzain, CEO of Wallix.
In May 2010, the distributor became aware of commercial and technological opportunities in the US market for access-management and computer-traceability solutions. Wallix presented an advance preview of the 2.1 version of its flagship product and traceability tool, Wallix AdminBastion, at Techforum 2010 – an event for security professionals such as CISOs, risk managers and compliance managers.
Wallix established 150 contacts during the seminar and has set up a WABDrive platform, which is a private portal giving access to the main functionalities of the WAB system. This product is designed to demonstrate the simplicity and efficiency of the product to potential American clients.
“We have created WAB in such a way that it responds to the specific needs of the American market. The American clients are interested in being able to continually audit the quality of their IT providers’ performance, and to know how to technically qualify, and to economically quantify, the impact of an incident,” says Jean-Noël de Galzain.
Wallix’s aim is to position itself as a benchmark player in the US market for computer-systems security. Computer traceability tools are essential for all businesses which communicate via the web. Wallix offers privileged account users, risk managers, and even information managers who work outside the office the ability to record user sessions: all this makes WAB an indispensible security tool.
Wallix expects to have a total of about 10 significant accounts between now and the end of the year, and estimates that its American operations will generate US$1 million in revenue by the end of 2011.
Wallix, which is headquartered in Paris (France), is a developer and distributor of computer security software, specialising in the management of risks linked to the access by users to the critical computing infrastructure of businesses. The company also has offices in the UK (Reading, in England) and in the USA (New York, on the East Coast).
Wallix is supported by private-sector investment funds such as Access2Net, Sopromec, Hedera and Venturis Capital. Wallix’s solutions are marketed through a network of partners, dealers and computer integrators.
Wallix offers innovative solutions for the management of user identities and access, and for the traceability of operations, with a simple, cost-effective approach, without deployment constraints in the client entity’s information systems, and in compliance with the latest standards applying to computer security.
Wallix has been awarded the Oseo Innovation Prize (Oseo being France’s government agency for the promotion of innovation). The company has also received an award as part of the PM’UP programme and is a partner of the Paris Region high-technology cluster.
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