Swiss-based software provider METACO Partners has selected financial service vendor Brink’s to strengthen its institutional digital asset custody capabilities.
Currently, METACO utilises its solution Harmonize to enable institutions to manage a range of end-to-end digital asset use cases, providing end-to-end governance in addition to a programmable policy engine that secures automation at scale.
The mandate with Brink’s will expand METACO’s institutional digital asset custody services with the addition of secure logistics and a global network of vault locations.
These capabilities will provide financial institutions with a segregated and fully distributed disaster recovery solution for critical private key recovery backups, says METACO.
Brink’s offerings include solutions for the management, storage and transfer of valuable assets for banks, government agencies, central banks, mints and jewelers.
Brink’s is operational in 53 countries and is growing its digital asset security services in response to accelerating demand.
Commenting on the mandate, OIiver Buckle-Wright, senior commercial director at Brink’s, says: “We are delighted to be partnering with METACO to help enable the transition from digital to physically segregated storage solutions across our international footprint.”
Seamus Donoghue, vice president of strategic alliances at METACO, comments: “We are proud to further strengthen our industry leading digital asset custody capabilities to ensure clients have a complete and best-in-class disaster recovery solution.”
He added: “A robust recovery solution is not an afterthought, but a core foundation to be able to securely build and scale a bank’s digital asset future. Brink’s is a market leader in physical security solutions and our partnership adds a critical service for institutional clients in the transport and distributed storage of physical key backups.”
