Parity Energy Selects Guardtime for Regulatory Compliant Voice Archiving
(firmenpresse) - NEW YORK, NY and PALO ALTO, CA -- (Marketwired) -- 04/23/13 -- Parity Energy, the leading market place in same-day options in crude oil and natural gas, today announced it has selected Guardtime () for long term archiving of voice messaging. Guardtime is the leading provider of Keyless Signature Infrastructure (KSI) which provides electronic data authentication.
Parity Energy Chief Executive Charles Reyl said: "Dodd Frank Regulation requires us to archive voice communications for extended periods and Guardtime's KSI technology allows us to prove to regulators the integrity and time of those communications without the need for expensive hardware-based archiving solutions. Overall we can reduce our regulatory archiving costs by over 70%."
Guardtime CEO Mike Gault said, "We are thrilled to have Parity Energy as our first Wall Street customer. Today's archiving solutions were designed almost a century ago and are still based on the same outdated approach -- by securing the data in tamper-evident physical hardware it is possible to authenticate the data inside. By using Guardtime's KSI technology in combination with modern object store storage it is possible to do everything in software giving ten times performance improvement at one tenth of the cost of traditional EMC hardware solutions."
Most recently, Guardtime announced a partnership with the Ningbo Certificate Authority in Zhejiang province in People's Republic of China to bring proof of time and integrity to government services, with Japan Drones to provide additional layers of security for UAV control software, with the Philippine government to validate physical document integrity, and with CAT Telecom, the state-owned telecommunications incumbent in Thailand.
Parity Energy owns and operates the Parity Energy Platform, an electronic marketplace integrated with its highly rated voice brokerage for OTC energy derivatives. Parity Energy is the fastest-growing liquidity source to more than 100 leading institutions across a number of energy markets. Visit for more information.
Guardtime was founded with the goal of solving one of the biggest problems in computing: how to authenticate electronic data. Guardtime's Keyless Signatures provide proof of signing time, signing entity and data integrity while the verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. Guardtime's mission is to change the world to one in which Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the Cloud. Visit for more information about keyless data authentication.
Victor Cruz
Principal, MediaPR
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Datum: 23.04.2013 - 14:45 Uhr
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