DTCC Partners FS-IAC for Cybersecurity Venture

Soltra will develop automated software capable of analyzing cyber-threat intelligence from a variety of sources. Soltra Edge, the platform, has been devleoped with cross-industry assistance.

"Today, most cyber-threat information is provided manually to users from various, unconnected industry sources. Because of this, on average, it can take firms seven hours to evaluate each threat," says Mark Clancy, CEO of Soltra, chief information security officer at the DTCC and a board member of FS-ISAC. "With Soltra Edge, one organization's incident becomes everyone's defense. The solution will enable clients to send, receive, and store cyber security threat intelligence in a streamlined and automated format, enabling these firms to deploy safeguards against a potential cyber attack."