Refinitiv Unveils Smart Lock Revolutionizing Building Access Control

New York, NY – October 26, 2023 – Refinitiv US LLC, a leading provider of financial markets data and infrastructure, today announced the launch of its innovative Wi-Fi enabled smart lock, poised to redefine building access control for businesses and residential properties alike. This isn’t your grandpa’s lock and key – we’re talking serious security meets modern convenience. For years, Refinitiv has been the go-to source for financial professionals needing reliable, real-time information. We’ve built our reputation on connecting people to critical data, and now we’re applying that same dedication to physical security. “We saw a need for a simple, secure, and smart access solution that could seamlessly integrate into existing infrastructure,” explains Sarah Chen, Head of Innovation at Refinitiv. “We’re a data company at heart, and this lock lets us leverage data to provide better security insights.” Beyond Keyless Entry: What Makes This Lock Different? Let’s face it, keyless entry isn’t exactly new. Lots of locks let you get in with a code or your phone. But this Refinitiv smart lock goes further. Think about all the headaches with traditional key systems – lost keys, re-keying expenses, managing access for employees or renters. This lock solves those problems, and then some. The core of the innovation lies in its direct Wi-Fi connectivity. Unlike many smart locks that rely on Bluetooth or a separate hub, this lock connects directly to your existing Wi-Fi network. This means: Remote Access Control: Lock and unlock your door from anywhere in the world using the intuitive Refinitiv app (available on iOS and Android). Forgot to lock up before leaving for vacation? No problem, just tap your phone. Real-Time Notifications: Get instant alerts whenever the door is locked or unlocked, giving you peace of mind and a clear audit trail. Know exactly who came and went, and when. User Management: Easily add or remove users, granting temporary or permanent access with just a few taps. Perfect for Airbnb hosts, property managers, or companies with frequent employee turnover. Activity Log: A detailed activity log tracks every access event, providing a comprehensive record of who entered and exited. This is a game-changer for security audits and investigations. Integration Potential: Because it’s connected to Wi-Fi, this lock is designed for future integration with other smart home and security systems. We're already exploring options for connecting to video surveillance, alarm systems, and more. Built for Business, Perfect for Home While Refinitiv is known for serving the financial industry, this smart lock is incredibly versatile. Here’s how it can benefit different users: Commercial Real Estate: Property managers can streamline access control for tenants, reducing the need for physical keys and improving security. The activity log provides valuable data for security audits and investigations. Small Businesses: Protect your assets and control access to sensitive areas with a simple, affordable smart lock solution. Grant temporary access to contractors or delivery personnel without worrying about lost keys. Airbnb & Vacation Rentals: Automate key access for guests, eliminating the need for meet-and-greets or lockboxes. The activity log provides peace of mind and helps prevent unauthorized access. Homeowners: Enjoy the convenience of keyless entry and the peace of mind that comes with knowing your home is secure. Grant access to family members or trusted friends without sharing physical keys. Security You Can Trust Refinitiv understands that security is paramount. This smart lock features: End-to-End Encryption: All communication between the lock, the app, and the cloud is encrypted, protecting your data from unauthorized access. Two-Factor Authentication: Add an extra layer of security by requiring a code or fingerprint scan in addition to the app. Tamper Detection: The lock will alert you if someone attempts to tamper with it. Durable Construction: Built with high-quality materials to withstand the elements and resist forced entry. Pricing and Availability The Refinitiv Wi-Fi Enabled Smart Lock is available for purchase starting November 15th, 2023, at [website address to be inserted] and select retailers. The suggested retail price is $199. Refinitiv is also offering professional installation services for customers who prefer a hassle-free setup. About Refinitiv US LLC Refinitiv US LLC, located at 28 Liberty St Fl 58, New York, NY, 10005-1457, United States (770-964-6545), is a global provider of financial markets data and infrastructure. For decades, Refinitiv has been a trusted partner to financial professionals, delivering the information and tools they need to make informed decisions. Now, we’re extending our expertise to physical security, providing innovative solutions that protect what matters most. We’re committed to building a safer, more connected world, one lock at a time. Our dedication to data integrity and security is at the heart of everything we do. We're not just selling a lock; we're providing peace of mind.