AlphaPoint Technology Delivers AssetCentral™ Under its CRADA Agreement With the National Institute of Standards and Technology (NIST)

SARASOTA, Fla., Jan. 7, 2015 /TRENDINGGLOBALNEWS/ -- AlphaPoint Technology, Inc. (OTCBB: APPO) is proud to announce a key update since signing its Cooperative Research and Development Agreement (CRADA) with the National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) in September 2014.  AlphaPoint is working with NCCoE in the Financial Services Sector IT Asset Management (ITAM) Use Case Consortium to propose and demonstrate an ITAM solution for finance sector companies to employ that will better utilize information assets and protect enterprise systems and data. 

Traditionally, ITAM has focused on improving operational costs through disciplined portfolio, contract, and device management (i.e., servers, routers, firewalls and other IT appliances), found in the data center and corporate environments. Through the NCCoE CRADA, AlphaPoint is demonstrating the role and contribution of ITAM within overall IT governance and cyber-security effectiveness. Having the ability to visualize and report IT asset data is essential for decision-making and is associated with the mitigation of cyber risks.

Already proven over several years in commercial data center operations, AlphaPoint will provide evaluations and feedback on the use of its software, AssetCentral™, and its integration into an overall NIST solution.  Additionally, AlphaPoint will provide demonstrations and workshops on its asset management software to NIST employees and contractors under the CRADA contract. The CRADA is being supported by Peniel Solutions, LLC (PSL), an Atlanta-based AssetCentral™ system integrator, and AlphaPoint's newly acquired subsidiary, N'compass Solutions, Inc., of Minneapolis, MN.

From a security perspective, AssetCentral™ assists in the rationalization and audit of asset types (organization-specific guidelines defining acceptable IT assets) and the reduction of asset types. This audit defines which types of assets meet the predefined guidelines that support an organization's IT objectives, and suggests the removal of assets that don't meet guidelines. With the elimination of each asset, comes increased security for the IT security team because it reduces the need to harden, patch, monitor, and audit inactive devices. AssetCentral™ increases the understanding of who in the organization needs which IT assets to fulfill their assigned roles, and helps administrators understand who has access to sensitive data so that user permissions can be more logically restricted based on need; in some cases even serving as the basis for logic check for privileged management systems.

"We are excited to be working closely together with NIST to advance the business case objectives in support of the Financial Services industry, especially as it pertains to securing our software in cyberspace," said Gary Macleod, CEO of AlphaPoint. "We believe AssetCentral™ technology provides a cost efficient way to capture, visualize, monitor, and manage data assets across the room or the world!"

NIST does not evaluate commercial products under this Consortium and does not endorse any product or service used. Additional information on this Consortium can be found at NCCoE's website: http://nccoe.nist.gov/content/financial-services.

About AlphaPoint Technology

From its headquarters in Sarasota, Florida, AlphaPoint Technology provides Data Center and IT Asset Management Software.  AssetCentral™ is a cutting-edge, easy-to-use, web-based IT Asset Management (ITAM software) and Data Center Infrastructure Management (DCIM software) solution that empowers IT professionals to simplify data center operations, streamline processes, implement best practices, improve service delivery, mitigate risk, and help drive Green Data Center Initiatives.  To learn more, visit www.alphapointtechnology.com.

source:http://www.prnewswire.com/