Refinitiv Unveils Smart Lock Revolutionizing Access Control with Wi-Fi Connectivity

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 Lock, poised to disrupt the traditional access control landscape. While many know Refinitiv for delivering crucial insights to financial professionals, this new venture showcases the company’s expanding focus on applying technology to solve everyday security challenges, starting with a smarter, more connected way to secure spaces. “We've spent years building robust, secure systems for the financial world, dealing with incredibly sensitive data,” explains a Refinitiv spokesperson from their New York headquarters at 28 Liberty Street. “That expertise naturally translates to physical security. We saw a gap in the market for a truly seamless, remotely manageable smart lock, and we built one.” Beyond Keypads: The Problem with Existing Smart Locks The smart lock market has exploded, but many current solutions fall short. Lots rely heavily on Bluetooth, meaning you have to be pretty close to control them. Others are clunky to set up or require a separate hub, adding cost and complexity. “We wanted something that just worked – a lock you could manage from anywhere, without a bunch of extra hardware,” says the Refinitiv team. “That’s where the Wi-Fi connection is key.” How the Refinitiv Wi-Fi Enabled Lock Works This isn't just another smart lock; it’s a complete access control solution built around a direct Wi-Fi connection. Here's how it’s changing the game: Direct Wi-Fi: Forget Bluetooth or hubs. This lock connects directly to your existing Wi-Fi network, offering instant remote control. You control it straight from your smartphone. Smartphone Control: The dedicated smartphone app (available for iOS and Android) lets you lock and unlock the door from anywhere with an internet connection. Imagine letting a repair person in while you're at work, or checking if you remembered to lock up before heading to bed. Keyless Entry: Ditch the keys! Use the app, a unique PIN code, or even temporary access codes for guests, deliveries, or service providers. You can set codes that expire automatically, adding an extra layer of security. Activity Monitoring: The app logs all lock/unlock activity, so you always know who came and went and when. This is perfect for monitoring a rental property, vacation home, or even just keeping an eye on your family’s comings and goings. Remote Management of Users: Adding or removing users is a breeze through the app. No more cutting keys or worrying about lost ones. This is a big win for property managers and Airbnb hosts. Simple Installation: The lock is designed to replace most standard deadbolts, and the installation process is straightforward, requiring only a screwdriver. Refinitiv provides clear, easy-to-follow instructions and online support. Secure Encryption: Security is Refinitiv's bread and butter. The lock utilizes bank-grade encryption to protect your data and prevent unauthorized access. They've brought the same level of security they provide to financial institutions to your front door. Auto-Lock Feature: Never worry about forgetting to lock up again. The auto-lock feature automatically secures the door after a set period, giving you peace of mind. Voice Control Integration: The lock integrates with popular voice assistants like Amazon Alexa and Google Assistant. Just say "Alexa, lock the front door" or "Hey Google, is the door locked?" for hands-free control. Beyond the Home: Applications for Businesses and Property Management While perfect for homeowners, the Refinitiv Wi-Fi Enabled Lock has significant potential for businesses and property management companies. Rental Properties: Simplify access for guests and cleaning crews, and monitor property access remotely. Eliminate the need for physical key exchanges and reduce the risk of lost keys. Vacation Rentals: Provide guests with unique access codes that automatically expire after their stay. Manage access remotely and monitor property activity. Small Businesses: Secure offices and control access for employees and visitors. Monitor activity and create audit trails. Self-Storage Facilities: Provide secure and convenient access for renters. Monitor unit access remotely. Refinitiv's Commitment to Security and Innovation “We’re not just selling a lock; we’re offering peace of mind,” says the spokesperson. “We’ve leveraged our expertise in secure data transmission and infrastructure to create a truly reliable and user-friendly access control solution.” Refinitiv plans to continue innovating in the smart home security space, with future products potentially including smart doorbells, security cameras, and integrated security systems. “This is just the beginning,” they say. “We’re committed to making homes and businesses safer and more connected.” Pricing and Availability The Refinitiv Wi-Fi Enabled Lock is available for purchase now through the Refinitiv website ([website address – placeholder]) and select retailers. The suggested retail price is $249. For more information or to place an order, visit [website address – placeholder] or call 770-964-6545. About Refinitiv Refinitiv US LLC, located at 28 Liberty St Fl 58, New York, NY, 10005-1457, is a global provider of financial markets data and infrastructure. For decades, Refinitiv has been a trusted partner to financial professionals, providing them with the insights and tools they need to make informed decisions. The company is now extending its expertise to the smart home security market, offering innovative solutions that enhance safety and convenience.