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RFA Goes Mobile with New Security Offering for Hedge Funds

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Mobile device management reflects increasing use of emplyoees' smart devices at funds.

Financial information technology provider Richard Fleishman & Associates (RFA) has added a mobile device management (MDM) offering to its security suite of core products aimed at hedge fund and alternative investments managers.

Providing protection from both internal and external enterprise threats, the security suite already provides managed event data collection, intrusion detection, access auditing, and email encryption. The MDM goes a step further, covering employees' own devices in a reflection of increased concern over mobility risk.

"With the entry of consumer-grade smartphones, tablets and other devices in the workplace, employees increasingly access both personal and business information over a single mobile device," says Richard Fleischman, president and founder of RFA. "This presents serious security and compliance issues, particularly for hedge funds and other alternative asset managers."

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