Codel, a digital notary providing an independent third-party service for users to protect data and prove its integrity, has announced that its Codel Digital Notary service is now available via the BT Radianz Managed Infrastructure. 

Financial institutions, through this new service, are allowed to protect and prove the integrity of electronic data such as messages, files and documents.

In the U.S. alone, there are approximately 350,000 corporate actions notifications sent out each year by publicly-traded companies and other issuers and offerors for announced events on equities and bonds. The Codel Digital Notary service allows investment firms and investors to validate the integrity, source and version of this information so that they can process it with trust.

In a press release, Jose Antonio Martinez, managing director of Radianz and Payments of BT (News - Alert), said: "Data integrity, security and trust are major issues for financial institutions globally. Hackers aren't just trying to access financial institutions' data, they are trying to change it into new data which they might use to damage the targeted firm or seek financial gain. By combining the security and reliability of BT's managed network services, where we support the world's largest secure networked financial community, with Codel's Digital Notary service we can ensure 100 per cent data integrity across the whole financial supply chain."

Digital data marked by the Codel Digital Notary service can be verified online and at any point in the future by the sender and recipient. This can be done no matter how many times the document has previously been exchanged. 

The Codel Digital Notary service is the first open solution that can be used by all industry participants -- both providers and users of data. 

The security, reliability, scale and 100 percent SLA of the BT Radianz Managed Infrastructure makes it the perfect method for accessing the Codel service.

In related news, BT launched its Managed Secure Messaging service for financial services community worldwide.