Zions Bancorporation Displaces High-priced SSL Provider, Switches to Entrust SSL Certificates
Wednesday March 4, 2009, 8:03 am EST
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Large national bank moves to cost-effective, easy-to-manage Entrust SSL certificates
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{"s" : "entu","k" : "c10,l10,p20,t10","o" : "","j" : ""} DALLAS, March 4 /PRNewswire/ -- Zions Bancorporation, a multibillion dollar U.S. financial institution, anticipates it could save hundreds of thousands of dollars by purchasing SSL certificate services from Entrust, Inc. (Nasdaq: ENTU - News). The financial services company, which operates more than 500 offices and 600 ATMs in 10 U.S. states, displaced their current SSL vendor in favor of Entrust standard SSL certificates for the protection of customers during online-banking sessions.
"Making the switch to Entrust has benefited our corporation and affiliates by saving $220,000 over the next two years," said Gabriel Jimenez, Information Security Engineer at Zions Bancorporation. "This is a positive direction for our corporation going forward into 2009 and 2010. We're looking forward to working with Entrust, which will allow us to save money and seamlessly protect our valuable online customers."
Zions Bancorporation cited Entrust's proven security reputation, overall lower costs, support and service as key factors that set them apart from competitive offerings.
"Zions Bancorporation understands the need to provide a trusted online-banking environment for their customers, but in a way that is cost-effective for the overall organization," said Entrust President and CEO Bill Conner. "Selecting an SSL certificate vendor based on the proper balance of expertise, performance, price and service will not only help the Zions Bancorporation save money, but also enhance the service they receive from a trusted security partner."
Zions Bancorporation affiliates also plan to implement the Entrust Certificate Management Service to help organize, manage and maintain their new SSL digital certificates for all public-facing Web sites, including those for Amegy Bank of Texas, California Bank & Trust, National Bank of Arizona, Nevada State Bank, The Commerce Bank of Oregon, The Commerce Bank of Washington, Vectra Bank Colorado, and Zions First National Bank (Utah and Idaho).
Entrust's Certificate Management Service is also compatible with the organization's custom Venafi Enterprise Certificate Management System for internal certificate management, which was one of the primary requirements for vendor consideration.
The Entrust Certificate Management Service features a self-service tool that helps streamline the procurement and administration of SSL certificates. Acting as a centrally managed, self-service system, the Certificate Management Service reduces administrative hassles and lessens the risk of inadvertent certificate expiration. The Certificate Management Service also enables administrators to "re-use" or "recycle" their SSL certificates to maximize usage and minimize costs.
Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select high-growth markets. Zions operates its banking businesses under local management teams and community identities through approximately 500 offices in 10 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company, which has 11,695 employees, is a national leader in Small Business Administration lending and public finance advisory services. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.
