Chartered Systems Integrated (CSI) announce partnership with iSolv

Local IT business solutions provider Chartered Systems Integrated (CSI) announced a partnership with a leading South African cyber security company called iSolv, at an event held in Harare yesterday. The partnership was established last year and it will see CSI deploy some of their award winning cyber security products from iSolv to clients in Zimbabwe and the region.

Speaking at the event, iSolv CEO, Jayesh Nana said,

“Our market partnership is really CSI being the interface to the customer. We will enable them to do solutions deployment, servicing and support of our products and solutions in the market. And then we support that behind CSI through providing the niche consulting, providing the products, providing training and to build capacity and capability into CSI to take what we have into the market.”

According to Jayesh, cyber threat landscape is  now complex and complicated and solutions used by most banks today are no longer beyond reproach when faced with new sophisticated Trojans and maleware that can intervene in transactions and steal identities.

Asked by Techzim what kind of cyber security challenges in Zimbabwe this partnership would address, CSI CEO DR Panashe Chiurunge Lamented the lack of dedicated cyber security personnel in our local financial institutions. He said Zimra is the only Zimbabwean organisation with a Chief Security Officer, a position that is now standard in all developed countries.

ISolv, which started as a photography company, is a beneficiary of the Microsoft,  R475m “equity equivalence” support programme although Microsoft has no equity stake in the firm. iSolv has worked closely with the South African government as both a service provider and in cyber security policy making. They helped implement the Electronic Communications Transactions Act of 2002 which enables electric signature to have the same standing with handwritten signatures under South African law. iSolv also deployed its award winning TrustFactory public key infrastructure (PKI) solution for the South African government.

CSI already has 50 banks throughout the region as their clients and this partnership will enable iSolv to increase its footprint in the region and beyond.