Securosys becomes official HSM provider for OSL digital asset platform
Securosys, a market leader in cyber security, encryption, and in securing digital identities, today announced that it has been named an official Hardware Security Module (HSM) provider for OSL, Asia’s leading digital asset platform and member of BC Group (HKSE: 863).
The partnership includes the provision of Securosys’ HSMs for the OSL digital asset platform, which includes market-leading brokerage, exchange, custody, and Software-as-a-Service solutions for professional investors and institutions.
With Securosys HSMs, OSL will fulfill its need for private key protection, utilizing HSMs with tight access control for administrative operations.
“Private key protection is the cornerstone of digital asset custody,” said Calvin Tay, OSL Head of Custody Services. “As an institutional player that is audited, insured and part of a HKEx-listed fintech company – BC Group – OSL has selected an HSM partner with industry-leading standards and technology for digital asset protection. Securosys and its HSMs meet our security and operational requirements, allowing us to deliver a secure and robust service to our clients.”
“We are happy to supply our Primus HSM to OSL and BC Group’s digital asset custody system”, says Securosys’ Gebhard Scherrer, Director of Sales APAC, Hong Kong. “Securosys’ Blockchain HSM provides not only the best private key protection but also delivers built-in multisig authentication and algorithms for distributed ledger technologies.”
An HSM is a physical computing device with cryptographic functions, which provides digital keys management, encryption, decryption and hashing, and has become the gold standard for digital key protection.
Securosys Primus HSMs are a robust solution for securing crypto assets. Its enterprise-grade security is continuously enhanced with additional functionality to protect new blockchain systems coming to the market.
The main benefit of HSMs is a strong guarantee of security through tamper-proofing/tamper-resistance and tight access controls for administrative operations.
About OSL and BC Group
OSL is Asia’s most comprehensive digital asset platform, providing Software-as-a-Service (SaaS), brokerage, exchange and custody services for institutional clients and professional investors.
The company offers OTC trading services, access to large liquidity pools, and systematic iRFQ trading. It also provides secure, insured wallets to ensure the safekeeping of digital assets with timely settlement of transactions.
OSL is a member of BC Group (stock code: 863 HK), Asia’s leading public technology and digital asset company.
In a world first for a listed, digital asset-focused business, BC Group is ‘Big-Four’-audited, and fully compliant with industry leading anti-money laundering and know-your-customer standards.