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- Innovation & Transformation
- The Future of Banking
Client spotlight: Shining a light on Optalysys' innovative security tech
Optalysys is a pioneering tech startup with strategic plans for international expansion. Here's how we are helping them achieve these goals.
About Optalysys: Harnessing the power of light to transform data security
Optalysys is in a unique position. We answer a problem that conventional electronics cannot. We are in the centre of development towards secure AI and secure computing on the cloud.
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In today’s world, data is the most valuable asset - but also the biggest target for hackers. Traditional security methods have weaknesses because data needs to be decrypted for analysis.
Optalysys' technology solves this issue with the power of light. Their tools break through the limits of electronic computing to unlock the true potential of Fully Homomorphic Encryption (FHE), ensuring data is encrypted at all times. Banks, healthcare providers and defence firms are just some of the companies that Optalysys is working with, employing this innovative technology to ensure operations remain safe and secure.
Optalysys was founded in 2013 by Dr. Nick New and Robert Todd and will serve the world’s largest technology and data centre providers. The organisation also has ambitious expansion plans to evolve into a global firm, bringing the expertise of their blend of cryptographers, software engineers, digital and analogue designers, and photonic engineers from their base in Leeds, UK to markets across the world.
Dedicated partners and a deep determination to learn more
We are ambitious, we have a technology that we think can be very significant in our world, so we need a banking partner that can grow with us and that understands our challenges today.
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We have been working with Optalysys since their Series A round in 2023, supporting the Management Team at this pivotal juncture in the company’s growth journey. They benefit from banking services such as deposits and foreign exchange that help to optimise their treasury needs, but also working with a banking partner committed to understanding their business and supporting delivery of their priorities.
We needed a bigger team to spread our unique photonic chip around the world and wanted a banking provider that really understood our challenges, such as setting up quickly and building technical capabilities overseas.
Going global at the speed of light
Our expansion plans into the US need support in terms of the resources that can quickly help us get set up in new countries. A banking partner with global outreach is really what we need for helping us on the journey to where we need to get to next.
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Our expertise in international banking and global network serves as a foundational platform to help Optalysys expand their business into new countries.
As Optalysys grows into a successful global tech brand, we'll be at their side every step of the way.
