Leading Global Bank Implements Checkmarx Source Code Analysis to Strengthen Security

NEW YORK–(BUSINESS WIRE)–Checkmarx, a global leader in application security testing, today announced that a leading American international banking and financial services holding company is implementing the Checkmarx solution to further strengthen its security posture and deliver secure applications to its customers. This means that four of the largest American banks have adopted Checkmarx to enhance their application security. By working with Checkmarx, the financial institution is prioritizing the security of its assets and customers’ financial and personal data, while also advancing its static code coverage by integrating application security testing and remediation.

Following an extensive search and testing period of various solutions, the company concluded that only Checkmarx’s unique and extensive coverage of programming languages met its requirements. The company based its decision on the strength of Checkmarx’s features, such as the incremental scan, the seamless integration with DevOps toolchain, and the flexibility and accuracy delivered through customizable code analysis queries.

“Given that the customer closely vetted a number of companies through comprehensive market research, it’s a privilege to have been chosen as the vendor for one of the world’s top financial organizations,” said Emmanuel Benzaquen, CEO of Checkmarx. “This partnership demonstrates Checkmarx’s commitment to security and we look forward to helping the organization keep its sensitive assets secure and streamline overall security operations.”

Following a successful examination and installation, the bank began performing scans that demonstrated the value of the Checkmarx Static Analysis solution, resulting in improved adoption and effectiveness measured by both the quality and speed of vulnerability remediation, which immediately translates into a clear ROI.

Checkmarx works with multiple companies within the financial services space, and this new partnership underscores the firm’s continued commitment to security within the banking industry. According to a recent Javelin Strategy & Research study, security is the number one cause for concern amongst mobile banking customers. To enhance their security and protect their customers, financial institutions are investing heavily in security technology, providing a true market opportunity for Checkmarx.

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About Checkmarx

Checkmarx is an Application Security software company, whose mission is to provide enterprise organizations with application security testing products and services that empower developers to deliver secure applications. Amongst the company’s 1,000 customers are five of the world’s top 10 software vendors, four of the top American banks, and many Fortune 500 and government organizations, including SAP, Samsung and Salesforce.com.

For more information about Checkmarx, visit https://www.checkmarx.com or follow us on Twitter: @checkmarx.