South River Technologies Adds Enterprise File Sharing and Sync (EFSS) Capabilities to Cornerstone MFT

ANNAPOLIS, MD--(Marketwired - Dec 2, 2014) -  South River Technologies, Inc. (SRT), an innovator in secure file transfer, has added EFSS functionality to its Cornerstone MFT as part of the next major release of the platform. A limited release of Cornerstone MFT has been made available today to existing customers and partners, with a public release planned for January 2015.

Gartner defines EFSS as: "A range of on-premises or cloud-based capabilities that enable individuals to synchronize and share documents, photos, videos and files across multiple devices. File sharing can be within the organization, as well as externally or on a mobile device as data sharing among apps."

SRT's EFSS capabilities are available on premises for industries with privacy regulations that make cloud solutions not viable, as well as in the cloud for those who wish to leverage the reduced infrastructure costs and pay-as-you-go model.

Cornerstone MFT is an enterprise managed file transfer solution that is designed around compliance, security and high-availability. With perimeter security and two-factor authentication, Cornerstone provides unprecedented visibility into system activity and data movement, reduces the risk of network breach and closes the security gap of traditional file transfer servers.

"File transfer of all types, including EFSS, is our area of expertise," said Michael Ryan, CEO of South River Technologies. "We have been helping businesses implement and use Enterprise File Sharing and Sync since 2005 -- before it was even called EFSS. Embedding these existing EFSS capabilities into a high-security, high-availability managed file transfer platform will allow users to have the best of both worlds: the simplicity, ease and flexibility that is associated with EFSS, with the priorities required by today's enterprises -- visibility and control for the IT department -- and security that meets that strictest standards."

Cornerstone customers include numerous major international banks such as Bancolombia, Standard Bank Offshore, and Bank of Montreal, as well as healthcare organizations such as Children's National Medical Center and Healthwyse.

About South River Technologies

South River Technologies, or SRT, is an innovator in secure file management software. The company's software allows users to access, manage, and share files over the internet in order to automate and streamline business processes and to improve productivity. SRT pioneered the internet drive mapping technology used in WebDrive, which enhances customers' existing applications. More than 80,000 customers in 130 countries use SRT's software to make remote file access and collaboration more efficient for their customers, partners, and distributed workforce. For more information, please visit http://www.southrivertech.com.