TransPerfect Takes Debut Award At Digital Identity Summit

Leading Provider of Web-Based Data Security Applications Recognized as Most Valuable New Customer by the Global Leader in Digital Identity

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TransPerfect

Mar 28, 2017, 12:16 ET

NEW YORK, March 28, 2017 /PRNewswire/ -- TransPerfect, a leading provider of technology solutions for global business, announced that it has been named as the recipient of the Digital Identity Excellence Award in the Debut category at the Digital Identity Summit hosted by ThreatMetrix®, The Digital Identity Company.

The Debut Award was established to recognize a new ThreatMetrix customer who went live the fastest, mastered the most unusual or unique implementation, or had strong early results. TransPerfect, known for its web-based applications that enable companies to host and share data in a secure environment, met all award criteria for its successful and timely implementation of the ThreatMetrix malware protection client into its TransCEND application. TransCEND ensures that its users can access confidential documents through secure virtual data room sessions.

TransCEND reported the following results to date following its implementation of ThreatMetrix:

90 days from start of project to live global launch
120% year-on-year increase in average client spend
33% growth in number of new engagements
100% of end-user threats identified and mitigated
Immediate adoption by internal and external users
Dual deployments in both US and EU jurisdictions

"We are very proud to have been selected for this award and to receive this prestigious recognition for our collaboration," said Phil Shawe, Co-CEO of TransPerfect. "Our team has focused intensely on data security management on behalf of our clients, and we're committed to continuing to raise awareness and devote resources to innovation in this vital area of business."

TransPerfect Co-CEO Liz Elting remarked, "Data security is more important now than ever before. It's not just a trendy topic, it's the new normal for businesses of any size and across all industries. We're honored to have been recognized for our achievements in this area, and we're enthusiastic about continuing our work to bring the highest level of security to our clients."

Armen Najarian, CMO at ThreatMetrix, added, "Companies are at risk today collaborating through digital channels and sharing documents with third parties. TransPerfect has done a great job addressing these risks by integrating its storage and hosting capabilities with ThreatMetrix malware detection solutions. It's exciting to see a global business with more than 10,000 users making a significant commitment to digital identity innovation."

About ThreatMetrix
ThreatMetrix®, The Digital Identity Company®, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix Digital Identity Network®, ThreatMetrix secures businesses and end users against account takeover, payment fraud, and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain, and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government, and insurance. For more information, visit www.threatmetrix.com or call 1-408-200-5755. Join the cybersecurity conversation by visiting the ThreatMetrix blog, Twitter, LinkedIn and Facebook pages.

About TransCEND
TransCEND is TransPerfect's secure document collaboration platform, using proprietary access control technologies that enable organizations to control information, both within and beyond the company. By offering the industry's fastest and most secure solution, combined with round-the-clock support and multijurisdictional hosting capabilities, TransCEND is trusted by more than 100,000 professionals of Fortune 1000 organizations to warehouse and share documents securely, confidentially, and in compliance with regulations. For more information on TransCEND, please email [email protected], contact +1 888.815.4888, or visit transcend.transperfect.com.

About TransPerfect
With annual revenues of more than $540 million, TransPerfect is the world's largest privately held provider of language services and technology solutions. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 4,000 global organizations employ TransPerfect's GlobalLink® Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.