TradeRiver VSECID


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Versatile Security delivers vSEC:ID® Client to TradeRiver Finance

Stockholm, Sweden, February 6th, 2012 – Versatile Security Sweden AB announces the successful go- live of TradeRiver Finance STEPS web application, powered by the vSEC:ID® Client. The TradeRiver Finance STEPS application uses the vSEC:ID® Client to securely identify the users to the application using strong PKI authentication. Additionally, the application uses the vSEC:ID® Client to enable digitally signed user transactions.

“We are very excited with the go-live of the TradeRiver Finance STEPS application which incorporates our vSEC:ID® Client, allowing end users to securely authenticate using strong PKI credentials in addition to providing digital signing capabilities. This unique product can easily be incorporated into any web

application to enhance its overall security,” said Per-Anders Fjärdsäter, CEO and President of Versatile Security Sweden AB.

“Security positive identification and non-repudiability of STEPS users’ actions are of paramount importance to us. Versatile Security’s solution enables us to record exactly who signed what and when in a way which allows large and potentially complex financial transactions to proceed quickly, simply and securely,” said Toby Lanyon, CEO of TradeRiver Finance Ltd.

About Versatile Security

Versatile Security is a leading IT solutions provider in the identity and access management space with focus on easy deployment of smart cards. Our customers are organizations that demand high security and ease of use. Our state of the art solutions enable our customers to securely authenticate, issue and manage user credentials, such as smart cards, more cost efficiently than other solutions on the market.

Our mission is to provide solutions that are affordable and easy to integrate, thus allowing organizations of all sizes to implement high levels of security. We also offer first class support, maintenance, and training. Our customers include: HSBC, Tieto, Centric, Cantref Housing, TradeRiver, Omegapoint, Svensk Exportkredit and IKEA.

About TradeRiver Finance Limited

TradeRiver Finance Limited was established in Guernsey to address the inefficiency of receivables finance - specifically, the lack of an efficient, secure, transparent and scalable solution for global trade. TradeRiver developed the transaction execution system, STEPS, that for the first time, aligns all the participants in trade transactions and enables the execution of these transactions in a risk-mitigated, paper-free and cost-effective manner.


Versatile Security Sweden AB TradeRiver Finance Ltd

www.versatilesecurity.comPer-Anders Fjärdsäter Toby Lanyon