Encentuate IAM for Financial Services

Strengthen security, meet compliance requirements, and reduce operational costs

Financial services providers constantly face the challenge of controlling access to confidential corporate and customer information while at the same time enabling fast access for authorized employees and customers. With the tremendous growth in online financial transactions, increased threat of identity theft, and constant outsourcing of services, providers - more than ever - need to invest in solutions that can protect confidential information from unauthorized access.

A proliferation in mandated compliance requirements has strongly established the need for solutions that can provide strong authentication, access control, and auditing capabilities. Financial services providers now need to comply with a myriad of regulations, including Sarbanes-Oxley, Gramm-Leach-Bliley Act, SB 1386, and FFIEC amongst many others. And, the cost of non-compliance is stiff - heavy penalties, lawsuits, and loss of brand equity.

Now, Encentuate IAM for Financial Services provides best-of-breed identity and access management by combining authentication management and single sign-on with user-centric auditing of all access related activities to strengthen security, enable compliance, improve productivity, and reduce operational costs. Encentuate also integrates with industry-leading user provisioning technologies to manage the identity lifecycle for employees and improve IT administrator productivity.

Benefits

• Risk Management and Protection of Customer Information: Encentuate raises the level of access security by providing a choice of two-factor authentication devices and managing the associated security policies. Support for multiple authentication devices coupled with flexible desktop protection policies greatly reduces the risk of unauthorized access.



• Regulatory Compliance: Encentuate enables compliance by ensuring unique user logins, automating sign-off requirements, and providing user-centric audit logs for tracking across the enterprise end-points.



• Improved Efficiency and Productivity: Encentuate combines single sign-on to any application - legacy, desktop, and Web - with workflow automation on personal and shared workstations to reduce time-to-information, and minimize administrative errors. With the solution, users have reported more than 85% reduction in time-to- information, and providers can decrease IT helpdesk costs by up to 40% due to a dramatic reduction in password related calls.



• Centralized Management of Information Access: Encentuate provides web-based identity and workflow policy management. The solution can integrate with any provisioning system through Encentuate's User Provisioning API, or with certified provisioning solutions.



• Easy Integration and Fast Deployment: Encentuate automates access to all web, desktop, and legacy applications without any need for infrastructure or application changes. As a result, deployments are rapid, reducing implementation inefficiencies and improving return-on-investment.