Datatreasury Corporation Offers Secure Storage Of Company Data

The DataTreasury Corporation was set up in 1998 by Claudio Ballard in Melville, New York with a view to promote Ballard’s pioneering invention in 1994 – the secure check imaging technology. The invention enabled companies to keep their data safe from the reach of others. Originally, DataTreasury was founded to make the technology, which focused on electronic check processing, documents and associated payment processing applications; available to the prospective clients.

In 1999 and 2000, Ballard got the technologies centralized storage invention and secure remote image capture with transaction processing patented under DataTreasury Corporation. The company started promoting its services to banks, financial institutions, small, medium and big businesses and many entrepreneurs. Ballard knew that his clients will welcome DataTreasury’s patented technology as they were already spending huge amount of dollars to transfer confidential data and keeping them safe. DataTreasury’s cost-effective technological solutions were also much advanced in nature and it eliminated all the errors associated with ordinary imaging and transaction technologies.

Very soon, businesses started opting for the technologies marketed by DataTreasury Corporation. Today, the company’s headquarters are situated at Plano, Texas. DataTreasury enables its clients to access comprehensive document imaging and transaction solutions, which comprises of few of its main technological standards, like:

- Highly secure image file storage

- Ongoing Innovation

- Fault tolerance

- Dependable transaction processing

DataTreasury Corporation presents pioneering intellectual property with biometric elements developed to augment the safety of all forms of transactions along with the identity of transaction initiator.

From a long time onwards, DataTreasury is licensing its patent portfolio to those establishments only that knows how to respect the company’s intellectual property and have good understanding of the different whereabouts of intellectual property. The licensing is being conducted separately or in collaboration with the company’s technology. Very soon, DataTreasury Corporation began to attract large number of clients from different parts of the nation like the IRS, the United States Department of Treasury, local municipalities, banks and other organizations.

The Global Repository Platform (GRP) of DataTreasury Corporation has become quiet popular over the years. Its offers client companies with a high-tech safe house for secure storage of data; recovering different types of confidential data and others. The GRP can be only accessed by designated personnel of the client companies only. It offers full security and also undertakes responsibility for guaranteeing the location along with safeguarding of the confidential data.

Things started taking a wrong turn when few banks began using DataTreasury Corporation patented technology as their own that caused a sharp breach of the intellectual property rights. The act was performed by the banks without the prior permission of DataTreasury, which caused the company to file lawsuits against these banks.

Since the defendants have huge dollars and access to superior legal administrative officials, they challenged DataTreasury’s own intellectual property at United States Patent Office. Presently, the company’s own intellectual property is facing trials and review at different courts of the country. Businesses that want DataTreasury Corporation to license its patented portfolio must read the licensing policy carefully and must know about intellectual property issues.

DataTreasury Corporation presents patented technological services that enable company to keep their data safe and secure. DataTreasury has lots of clients throughout the nation.