Elite Wealth simplifies security and compliance with +OneX
The client
Elite Wealth provides a comprehensive, web-based business solution to financial advisors and wealth management practices. The practice management software includes modules for client management and reporting, consolidated portfolio views, business process management, and integrated financial planning.
The challenge
Elite Wealth wanted to implement a secure, integrated platform that would streamline collaboration, communication and project management across its business. The company was also concerned about its overall cybersecurity and compliance posture because it did not have a dedicated in-house security team. It embarked on a project to refine its incident response plan, risk strategy, and security policies.
The solution
Elite Wealth appointed +OneX Security Services and Solutions to help it modernise its collaboration platforms as well as strengthen its cybersecurity and risk management systems and policies. +OneX helped Elite Wealth to migrate emails, documents and users to Office 365 as well as to migrate from a legacy telephony system to a unified communications and collaboration environment.
In addition, +OneX worked closely with Elite Wealth to ensure that its data protection and cybersecurity policies, systems and practices align with industry standards and comply with regulations such as the Protection of Personal Information Act (POPIA) and Elite Wealth wanted to implement the Global Data Protection Regulation (GDPR).
Business value achieved
The solution that +OneX put in place for Elite Wealth has transformed ways of working for support staff, enabling them to work securely from nearly anywhere using their notebook or smartphone. They have access to a modern collaboration platform, with voice conferencing, email, project management, secure access to shared files, and more, to support remote and hybrid working.
With the +OneX TotalSecure managed security services offering, Elite Wealth benefits from proactive security monitoring, alerts and remediation across its environment. The +OneX TotalCompliance and TotalCare services, meanwhile, help Elite Wealth to simplify compliance with data privacy regulations and streamline data governance.