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Liaison Technologies Announces Revved Up Tokenization as a Service (TaaS) Capability for Big Data Through Its Award-Winning ALLOY Platform

Using Big Data Technologies, Liaison's TaaS on ALLOY Speeds Transactions by More Than 625%, Increases Throughput and Scalability for Faster, More Secure Processing of Greater Amounts of Data

Liaison Technologies

News provided by

Liaison Technologies

Aug 03, 2016, 10:00 ET

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ATLANTA, Aug. 3, 2016 /PRNewswire/ -- As businesses are struggling to contend with exponentially increasing volumes of data, prompting many companies to look to solutions like tokenization to enable faster processing while keeping sensitive data secure, Liaison Technologies,a recognized leader in cloud-based integration and data management solutions, today announced that the company has made its Tokenization as a Service (TaaS) solution available on its award-winning Liaison ALLOY™ Platform for the first time and has migrated all existing TaaS customers to the new deployment. TaaS on ALLOY significantly improves data security and expedites processing.

Featured on ALLOY, the world's first data Platform as a Service (dPaaS) solution, Liaison's TaaS offering is now established on a big data framework rather than a relational database, which means it can handle today's higher workloads, including bulk requests. By implementing TaaS on a big data platform, Liaison has reduced latency — the total time it takes to complete a tokenization process — dramatically. The switch to big data technologies has also significantly improved throughput, which is the amount of sensitive data moved successfully into or out of the tokenization system in a given time period. With latency down and throughput up, token acquisition times have gone from approximately 250 milliseconds to just 40 milliseconds.

"Tokenization is a critical security feature since it allows companies to substitute a confidential data element with a non-sensitive equivalent that is unique but less vulnerable to exploits," said Brad Anderson, Vice President, Big Data Informatics at Liaison Technologies. "Deploying TaaS on ALLOY is a testament to the platform's growth as a preferred integration and data management solution.  Leveraging ALLOY's big data backbone, Liaison's TaaS is now significantly faster than before while still remaining a vaulted solution, which gives our customers an added advantage in a marketplace in which data is increasingly the currency of business."

The migration of TaaS to a big data framework is important because rather than processing data on a single server, a big data approach facilitates distributed processing. A cluster of servers works in concert to crunch the data, splitting up the workload to achieve lower latency and higher throughput. For tokenization operations, this enables the rapid handling of bulk requests, such as processing 30 billion gift cards while onboarding a new customer.

ALLOY is a big data-backed platform that can handle today's huge workloads for a variety of purposes. Providing TaaS on ALLOY enables tokenization of many different types of data. In addition to using the technology to securely process financial data such as credit card information, Liaison customers are relying on the company's TaaS solution on ALLOY to protect other sensitive, identifying information, including patient data and Social Security numbers.

Another key advantage Liaison offers enterprises through its TaaS solution on ALLOY is offsite vault storage, a reliable and safe approach that provides robust access, backup and recovery services that are easy and secure to use. Most competitors use traditional vaultless databases that have potential security issues. TaaS deployment on ALLOY and its vaulted approach allows users to scale up to manage bulk requests and to securely process and store larger amounts of sensitive data from increasing numbers of data sources.   

TaaS also eliminates the burden for enterprises of maintaining PCI requirements for downstream systems such as ordering and shipping. Customers can manage in-store or online transactions without holding sensitive credit card data that is subject to PCI regulations in its systems. Rather than saving actual payment information, they store a token for quick retrieval of the data they need from Liaison's vault, without leaving the actual sensitive data vulnerable in a downstream system. With TaaS on ALLOY, the sensitive data is safely stored and accessible only to users with the appropriate authorization and authentication, i.e., the token, to access the data.

Liaison's existing TaaS capabilities were migrated to ALLOY as a microservice, which enables ALLOY to continuously deploy additional capabilities that can scale up and down to meet customer needs. The Liaison ALLOY Platform provides end-to-end integration and data management services that help companies move toward a data-inspired future. To learn more, please visit www.liaison.com. 

About Liaison Technologies

Liaison Technologies provides integration and data management solutions to help customers unlock the power of a data-centric approach to their business. Liaison's cloud-based approach breaks down the barriers between data silos to tap into the valuable information needed to make better decisions, faster. Tailored to solve complex data problems today while building a robust foundation for tomorrow's unforeseen challenges, Liaison fosters a seamless flow of information securely and at scale. Founded in 2000, Liaison serves more than 7,000 customers in 46 countries, with offices in the United States, the Netherlands, Finland, Sweden and the United Kingdom. For more information, visit www.liaison.com and connect with Liaison on Twitter, LinkedIn and Facebook.

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SOURCE Liaison Technologies

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http://www.liaison.com

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