Cuttone & Company: NYSE Member, Broker Dealer, Technology Innovator, Selects Ironsphere’s Privileged Access Management Platform to Secure Global Network Infrastructure
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January 2020
By: Ironsphere
Secure Access Management Technology Ensures Data Integrity and Network Availability
Jersey City, NJ; January 8, 2020 – Ironsphere, a secure access management software and services company serving large enterprises and telecom services provider, today announced it has implemented a global Privileged Access Management (PAM) solution for Cuttone & Company, a longstanding member of the New York Stock Exchange (NYSE) and related trading venues and platforms managed by the Intercontinental Exchange (ICE), a Fortune 500 company that connects the largest community of participants in all major markets at key phases of the investing, trading, hedging and capital raising lifecycle.
Cuttone & Company is a market leader in providing advanced institutional trading technology and execution services. Founded in 1984, Cuttone & Company operates one of the largest independent NYSE brokerage firms on the NYSE trading floor and across U.S. Exchanges, ECNs, ATSs, and alternative venues and is one of the most respected broker dealers in the world. Cuttone & Company provides execution and consulting services to institutional asset managers, hedge funds, family offices, professional traders, and other broker dealers.
Cuttone & Company continuously is expanding and enhancing the institutional client’s brokerage experience. Institutional direct market access, custom algorithmic trading strategies, prime brokerage, options execution, and fixed income trading are the firm’s foundational offerings, which now are protected by Ironsphere’s technology.
“Cuttone’s reputation is built on 35 years of experience, integrity and customer service,” said Donato J. Cuttone, CEO. Cuttone & Company built and operates a uniquely configured digital infrastructure affording our clients great flexibility in the routing and execution of order flow, while maintaining strictest compliance with NYSE, FINRA and SEC rules and regulations.“ After reviewing a range of PAM solutions, we chose Ironsphere because of the strength of their software, the flexibility associated with their business model, the speed of implementation, and the quality of their team, and we are extremely pleased with that decision.”
The global finance sector is highly regulated, and organizations must demonstrate to auditors that appropriate controls always are in place. Ironsphere’s PAM platform has been deployed with distributed and scalable architecture with modules including:
- Ironsphere’s Dynamic Password Controller, which randomizes and secures a vault of privileged accounts
- Ironsphere’s Session Manager which records sessions, analyzing them, and reports in real time on who has access to what, when and why
- Ironsphere’s MFA manager which verifies the users on top of ensuring their basic credentials
Cuttone & Company’s decades of success are based on consistently delivering the highest quality institutional execution experience with the fullest commitment to satisfying their clients’ sophisticated needs, while strictly adhering to the market’s exacting regulatory standards. “We are proud to support Cuttone’s continued success by ensuring only the appropriate professionals are able to access and impact the network and its connected systems and applications,” said Michael Fritzlo, Executive Chairman of Ironsphere.
About Ironsphere
Ironsphere is a software company established in 2016 providing advanced technology software in the fields of Access Control Systems, Privileged Task Automation and Next-generation Security and Audit. With the world’s most cost-efficient, flexible, and easily deployed Access Control software, our technology platform supports many global telecom service providers and large enterprises. Our core offering is a Privileged Access Management (PAM) solution protecting enterprise resources, used as an engineering access, information security and governance tool to prevent internal data breaches and malfeasance using privileged accounts. We enable IT managers and network admins to efficiently gain secure access, control configurations and indisputably record all activities within their enterprise infrastructure, preventing the material impact a breach may have on business operations and continuity. Learn more at www.ironsphere.com.
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