Reiknistofa Bankanna (RB), an IT service provider for Icelandic financial institutions, recently overhauled its security infrastructure. RB is a provider of mission critical IT systems for Icelandic financial institutions, responsible for the country’s central clearance and settlement system and a number of multi-tenant core banking solutions. It also operates an e-invoicing and e-payment system for corporates and consumers. It is jointly owned by the three main Icelandic banks, two saving banks, the Icelandic Savings Bank Association and the three main payment card processors in Iceland. RB’s clients are these banks, the Central Bank of Iceland and other financial institutions as well as the government and public entities. With solutions operated in multiple data centers and in a shared multi-bank environment, RB sought a flexible technology partner that could ensure the highest levels of operational security, cost efficiency and resilience.

With the help of its system integrator Hafnes Ehf, RB is now using Genetec to manage its cameras, access control, and video analytics through one unified interface. RB places very high importance on security; not only to ensure its data stays safe but also to protect employees and visiting clients. While its server rooms and offices were protected via disparate video and access control systems, the technology was old, and maintenance was becoming both a financial and an operational burden.