BRISBANE, Australia, Nov. 26, 2024 /PRNewswire/ -- Cryptsoft, the leading supplier of KMIP (Key Management Interoperability Protocol) technology to the open market, has added CockroachDB, the cloud-native and distributed SQL database, to the list of databases officially supported by their KMIP Server SDKs. Cryptsoft's Server SDKs (C, Java) are the market's preferred option for new companies looking to build a KMS (Key Management Server) product or service, established companies wanting to add a KMS product or service to their product portfolio, and established companies looking to add KMS capability to any existing products. KMIP Server licensees can now utilize CockroachDB, a modern cloud-native, distributed SQL database that was designed from the ground up for high availability, effortless scale, and control over data placement, to provide the database layer for the server's keystore. Any company looking to build KMS products or services in the cloud, or to sell cloud-hosted products that use KMS capabilities, can now leverage the benefits of CockroachDB. "One of the main reasons why our KMIP Key Management Server (KMS) SDKs are so successful in the market is that they are designed to give our licensees significant flexibility in terms of which technology they can select for critical functional layers, including the database layer

Industry leaders collaborate to accelerate legacy platform modernization and reduce regulatory risksLONDON, Aug. 12, 2024 /PRNewswire/ -- Cockroach Labs , the pioneer and leader of the cloud-native distributed SQL database market with CockroachDB, and PwC UK , a leader in professional services, today announced a strategic collaboration to reduce the risks, costs, and complexity of regulatory compliance and mainframe modernization.With this partnership, PwC UK and Cockroach Labs will offer end-to-end comprehensive solutions to banks and financial service institutions grappling with evolving regulatory complexities and impending mandates around operational resiliency, business continuity, and data sovereignty. Additionally, they will address the growing need for financial firms to migrate from legacy mainframes in alignment with modern customer expectations and industry-wide cost optimization initiatives."Designing for operational resilience is paramount as significant regulatory headwinds underscore the importance of multi-cloud and multi-region platforms," said Jon Maskery, Cloud Transformation and Payments Leader, PwC UK. "We view CockroachDB as more than just another database within a crowded market. It provides our clients with a critical solution to reduce regulatory risks associated with data sovereignty, operational resilience, and cloud transformation."Operational ResiliencyEU regulations have elevated operational resiliency to a top-priority for financial firms which emphasizes the need for multi-region and multi-cloud platforms. The Digital Operational Resilience Act (DORA) has broadened the focus from guaranteeing financial soundness to also ensuring firms can maintain resilient operations through severe operational disruptions