CODEL: The Key To Digital Certainty

CODEL AGREES TO CREATE A WORKING VERSION OF THE DRAGONFLY CORPORATE ACTIONS DATA ASSURANCE SERVICE FOLLOWING SUCCESS OF THE PILOT AND CONSULTATION PHASE JOINTLY RUN BY CODEL/SWIFT

Following the SWIFTannouncement that phase one of the Dragonfly project was successful and  its ethusiastic reception by key industry stakeholders, Codel has agreed to create a working version. Dragonfly will provide a web interface with automated service calls so that defined source data elements can be submitted to the Dragonfly repository which will also assign a unique corporate actions identifier (COAF) and provide cross-referencing between other proprietary unique  identifiers.   Data sets submitted to and stored within Dragonfly will be Codelmarked so that they can be verified and consumed automatically and, if verification fails, Dragonfly can be interrogated to distinguish between ‘good source’ data and other data that may be problematic.

A new £600K collaboration project with Codel, Applied Healthcare Intelligence and Swansea University has brought researchers and Welsh eHealth companies together, to develop cloud computing technology which will deliver significant long-term benefits both to the UK NHS and the Welsh economy.

Paul FitzGerald, corporate actions processing and standards veteran has joined the Codel team as an independent consultant to assist Codel in developing and implementing the Codel service to provide certainty to corporate actions information for banks and financial institutions.  

BT and Codel today announce the global availability of the Codel Digital Notary service via the BT Radianz Managed Infrastructure. This new service, allows financial institutions to protect and prove the integrity of electronic data such as messages, files and documents.

http://www.finextra.com/news/announcement.aspx?pressreleaseid=38489

As part of Codel's drive to become the standard for notarisation of all things digital it is developing a solution for authenticating the image data produced by CCTV cameras. The use of CCTV images as convicting evidence is tenuous as it is difficult to prove that the images have not been altered. Codel provides independent proof of the provenance of image data throughout the evidential process.

Codel is set to becom an industry norm for IM, enabling companies to comply with a raft of regulatory requirements. Financial services professionals are increasingly using Instant Messaging (IM) to communicate, but resort to email and then paper to record what needs to become permanent and admissible in a court of law. Codel satisfies a real need to make IM durable and so allow IM to form part of the deal transaction and compliance audit trail.

 

Codel E-Envoy -  Codel offers a new 'Multi-Telco' messaging service designed to allow data integrity to be established whatever the Telco carrier of platform

In a bold bid to mark out its Web 2.0 territory, BT is launching a new service that allows businesses to find and interact safely with customers through the internet, outside the security of their own internal IT frameworks.

 

One of the greatest problems faced by digital photographers is that their images may be stolen, misused or manipulated.   Codel Image Fingerprinting provides an easy to use and effective means for them to prove that an image is theirs and whether or not it has been changed since it was taken.

 

Codel announced a new partnership with legal mediatior, ADR Group, at its briefing to the insurance industry 'Trust in On-line Insurance'. 

Do we need the post at all? - Codel Ltd, argues that the physical postal system is largely outdated.

T'pau songwriting team Carol Decker and Ron Rogers are re-united and Codelmarking new material 20 years after 'China in Your Hand' was the longest running number one in the charts.  See Telegraph article on Codel and T'pau     

A leading barrister in the field of information security is suggesting a revolutionary new service that ‘fingerprints’ electronically held files to help financial services organisations comply with EU directives on electronic trading.