Last updated: October 22, 2026
Futurex appoints Hermitage Solutions as its Baltic distributor, empowering partners to deliver innovative cloud payment security solutions, accelerate digital transformation, and support regulatory compliance amid surging growth in the HSM market.
San Antonio, Texas – October 22, 2026 – Futurex, a trusted leader in payment security and enterprise data protection with its hardware security modules (HSMs), key management, and cloud HSM solutions, today announces its appointment of Hermitage Solutions as its official distributor for the Baltic region, marking a significant milestone for the region’s cybersecurity industry. This partnership empowers traditional resellers and managed service providers (MSPs) in Estonia, Latvia, and Lithuania to help businesses modernize payment infrastructure and migrate general-purpose workloads to the cloud.
With Futurex’s proven innovation and thought leadership in online payments, partners can offer clients a transformational advantage in cloud adoption. Futurex’s CryptoHub and VirtuCrypt platforms bring unrivaled flexibility, secure management, and compliance for both payment solutions and broader enterprise use cases, accelerating digital transformation across the Baltic states.
“Hermitage partners gain exclusive access to innovative technologies,” said Paulius Ceponis, Managing Director at Hermitage Solutions. “This alliance positions our partners for sustainable industry growth, driving differentiation for our MSPs and resellers.”
“This partnership unlocks region-wide opportunities for rapid growth,” added Simon Marrion, Director for Channels, Europe at Futurex. “Hermitage’s reach accelerates adoption of our innovative portfolio. Our combined expertise brings customers unmatched choice and flexibility.
As many industry analysts forecast rapid expansion of the HSM market across Europe, as cloud HSM and payment use cases lead the way, the region is expected to benefit from the associated significant growth.
The partnership positions Hermitage’s network of resellers and MSPs to differentiate their client offerings, boost digital resilience, and help customers navigate the challenges of regulatory compliance and secure cloud transformation. As the Baltics adopts advanced cloud payments and secure transaction processing, Hermitage and Futurex, together, provide the coverage, expertise, and innovation necessary to shape the future of financial transformation in the region.
About Hermitage
Hermitage Solutions is a leading value-added distributor in the Baltic region, specializing in cybersecurity and innovative IT infrastructure solutions. Established in 2006 and headquartered in Vilnius, Lithuania, Hermitage supports enterprises and SMBs by providing advanced IT security products and expert services. The company is dedicated to helping clients safeguard digital assets, achieve compliance, and succeed in their cloud transformation journeys.
About Futurex
For over 40 years, Futurex has been an award-winning leader and innovator in the encryption market, delivering uncompromising enterprise-grade data security solutions. Over 15,000 organizations worldwide trust Futurex to provide groundbreaking hardware security modules, key management servers, and cloud HSM solutions.
Futurex is headquartered outside of San Antonio, Texas, with regional offices worldwide and over a dozen data centers across five continents. Futurex delivers unmatched support for its clients’ mission-critical data encryption and key management requirements.
Get started with Futurex HSMs today: https://www.futurex.com/demo-sign-up