Company Overview

About TokenEx

TokenEx Details

Founded

2010

Revenue

$15M

Funding

$100M

Team Size

50

What SIA Thinks

TokenEx is a cloud-based data protection platform that helps businesses securely process and store sensitive information. Designed to meet the stringent requirements of data security, TokenEx provides companies with the tools they need to safely handle credit card information, personal identifiers, and other private data without compromising workflow efficiency.

The software utilizes tokenization, a process that replaces sensitive data with unique identification symbols, or tokens, which carry no exploitable value. This means businesses can continue to handle transactions and data operations without ever exposing the underlying sensitive information.

TokenEx is versatile, integrating seamlessly with existing systems and supporting a wide range of data types and industries. It offers a flexible deployment model that can be custom-fit to different business needs, from payment card industry requirements to healthcare data protection standards. The platform also supports multiple use cases, such as payment processing, data storage, and business analytics, making it a practical choice for diverse operational needs.

What sets TokenEx apart is its holistic approach to data protection. Rather than only providing encryption or isolated security measures, TokenEx envelops your data environment in constant, adaptive protection. The software is designed for ease of use, requiring minimal changes to existing business processes while significantly elevating data governance standards.

Additionally, TokenEx offers robust customer support and consulting services, guiding businesses through the implementation phase and ongoing operations. This ensures that companies can leverage the full capabilities of the platform while staying compliant with regulatory mandates.

In essence, TokenEx simplifies the complex task of data security, allowing businesses to focus on their core activities with peace of mind that their sensitive information is well-protected.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Compliance support
  • Easy integration
  • Secure platform
  • Data masking
  • Scalable solution

Cons

  • Dependence on service
  • Requires training
  • Limited features
  • Costs increase
  • Complex setup

Reviews

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