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Securosys becomes official HSM provider for OSL digital asset platform

06-04-2020 05:44 PM CET | IT, New Media & Software

Press release from: Securosys SA

Securosys becomes official HSM provider for OSL digital asset platform

Securosys becomes official HSM provider for OSL digital asset platform

Zurich, Hong Kong: Securosys, a market leader in cyber security, encryption, and in securing digital identities, today announced that it has been named an official Hardware Security Module (HSM) pro-vider for OSL, Asia’s leading digital asset platform and member of BC Group (HKSE: 863).

The partnership includes the provision of Securosys’ HSMs for the OSL digital asset platform, which includes market-leading brokerage, exchange, custody, and Software-as-a-Service so-lutions for professional investors and institutions.

With Securosys HSMs, OSL will fulfill its need for private key protection, utilizing HSMs with tight access control for administrative operations.

“Private key protection is the cornerstone of digital asset custody,” said Calvin Tay, OSL Head of Custody Services. “As an institutional player that is audited, insured and part of a HKEx-listed fintech company – BC Group – OSL has selected an HSM partner with industry-leading standards and technology for digital asset protection. Securosys and its HSMs meet our secu-rity and operational requirements, allowing us to deliver a secure and robust service to our clients.”

“We are happy to supply our Primus HSM to OSL and BC Group’s digital asset custody sys-tem”, says Securosys’ Gebhard Scherrer, Director of Sales APAC, Hong Kong. “Securosys’ Blockchain HSM provides not only the best private key protection but also delivers built-in multisig authentication and algorithms for distributed ledger technologies.”

An HSM is a physical computing device with cryptographic functions, which provides digital keys management, encryption, decryption and hashing, and has become the gold standard for digital key protection.
Securosys Primus HSMs are a robust solution for securing crypto assets. Its enterprise- grade security is continuously enhanced with additional functionality to protect new block-chain systems coming to the market.
The main benefit of HSMs is a strong guarantee of security through tamper-proofing/tamper-resistance and tight access controls for administrative operations.

Securosys SA
Foerrlibuckstrasse 70
8005 Zurich
Switzerland

Press contact:
Geraldine Critchley
geraldine.critchley@securosys.com

Securosys SA
Securosys SA, based in Zurich, Switzerland, is a market leader in cyber security, encryption, and in securing digital identi-ties. Founded in 2014, Securosys secures the Swiss financial markets on behalf of the Swiss National Bank and protects transactions worth over 100 billion Euros every day. The company supplies more than half of the Tier 1 banks worldwide with hardware security modules developed and built in Switzerland.

Securosys offers a wide range of security network appliances focused on commercial applications. These include commu-nication encryption and key generation and management. All products are developed and manufactured in Switzerland, free from contaminating influences.

Further information can be obtained directly from Securosys SA by e-mail at info@securosys.ch, by calling +41 44 552 31 00, or from its offices in Zürich, Munich, and Hong Kong.
www.securosys.com

OSL and BC Group
OSL is Asia’s most comprehensive digital asset platform, providing Software-as-a-Service (SaaS), brokerage, exchange and custody services for institutional clients and professional investors.

The company offers OTC trading services, access to large liquidity pools, and systematic iRFQ trading. It also provides se-cure, insured wallets to ensure the safekeeping of digital assets with timely settlement of transactions.

OSL is a member of BC Group (stock code: 863 HK), Asia’s leading public technology and digital asset company.

In a world first for a listed, digital asset-focused business, BC Group is ‘Big-Four’-audited, and fully compliant with industry leading anti-money laundering and know-your-customer standards.

For more information, visit: https://www.osl.com/ and https://bc.group/

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