FinTech Magazine - April 2021 | Page 65

World Wide Technology ’ s Chris Konrad and Matt Berry on the partnership with Dell Technologies and changing security needs in the financial services space

WWT and Dell Technologies : partners in financial security

World Wide Technology ’ s Chris Konrad and Matt Berry on the partnership with Dell Technologies and changing security needs in the financial services space

World Wide Technology ( WWT ) is one of the world ’ s premier technology solution providers . “ Revenues right now are approaching $ 13bn in 2020 , encompassing our digital strategy , innovative technology , as well as supply chain solutions to a variety of different customers in the public and private sectors around the globe ,” explains Chris Konrad , Director of Security for WWT ’ s global business . “ We ’ re hyperfocused on providing secure business outcomes for our global clients ,” adds Matt Berry , Principal Security Advisor , Global Financials . “ We deliver solutions in the area of data governance and strategy , security platforms and tool operationalisation . We also address AI and ML model security and enterprise security architecture . Regardless of what the challenge is , our goal is to bring together business acumen with a full stack of technical know how to develop solutions that address our customers ’ most complex cyber needs .”
Security in the financial services space has been made only more necessary by the ongoing challenges around the pandemic and the transition to remote working . “ Financial institutions are being forced to deal with their technical debt as non-digital processes are being digitised ,” says Berry . “ Often these workloads are being moved into cloud environments , for instance .” That shift in technology comes alongside a rise in cyber attacks . “ Threat actors are getting smarter , they ’ re getting more organised and they ’ re becoming increasingly innovative in their tactics and technologies .” With those challenges in mind , WWT tailors its solutions for customers . “ We architect our solutions and services around these business outcomes and offer strong consultancy combined with the technical competency .”
WWT ’ s reputation has led to a strong partnership with Dell Technologies . WWT is a $ 1bn partner of Dell Technologies ’ and their first ever Titanium Black partner . “ We ’ ve leveraged about 25 years of partnership expertise to do everything from designing to testing and delivering best-in-class integrated solutions that really help accelerate digital and security transformation journeys ,” says Konrad . “ Working
with Dell Technologies ensures that as we speak to our financial services customers , we ’ re going to have the right technical solutions to offer , regardless of whatever business outcome we ’ re solving ,” adds Berry .
The partnership extends to the wider Dell Technologies ecosystem , with WWT having recently secured its largest managed services deal in partnership with Secureworks , a leading Cybersecurity Managed Services provider that is a strategically aligned business within the Dell Technologies portfolio of capabilities . “ It ’ s a three-year programme broken out across 10 different key work streams , with the goal of working with this financial services customer to accelerate their security maturity by the end of next year ,” says Berry . WWT also has invested $ 500mn in an advanced technology centre for clients to try technology before buying , as Konrad explains . “ They can do proofs of concept , testing , and validation with the entire Dell technologies portfolio of capabilities . And then we also have a digital Dell desk that we ’ re able to offer our customers .”
Going forward , Berry sees the partnership evolving to continue addressing current trends . “ The digital landscape is at war and the commodity that is being fought over is data . Bank accounts are stored in ones and zeros , and proprietary algorithms and financial projections are all digitised and accessible from anywhere on earth - organisations need to know where their data is , at speed and at scale across a very complex ecosystem .” The answer is a focus on data discovery , classification and protection , as well as cloud everywhere security competencies . “ Going into the cloud creates additional challenges ,” says Berry . “ Organisations need flexible security solutions that can adopt a cloud-agnostic approach to security . If you have sensitive data , wherever it is , however it ’ s stored , it needs to be easy to protect with simplified policies that are applied as code .”