Unleashing Secure Financial Transactions with Advanced Access Management Solutions
Fortify data security, safeguard client information, and maintain regulatory compliance with our tailored solutions
Unleashing Secure Financial Transactions with Advanced Access Management Solutions
Boost confidence in your clients and secure your organization against threats by empowering your financial institution with cutting-edge Access Management services.
Why Is Optimizing Security and Experience in Financial Industry is so Critical?
Data protection laws
Financial companies must comply with regulations on data privacy and security like GLBA, GDPR, etc. Access controls help meet compliance requirements.
Customer trust
Customers need to trust their financial information is safe. A poor user experience could erode customer confidence and loyalty.
Highly privileged users
Employees like traders have access to sensitive systems. Strict controls on privileged access are crucial.
Guarding against fraud
Unauthorized access could lead to fraudulent transactions and cybercrime. Multifactor authentication, access reviews and more help mitigate fraud risks.
Insider threats
Many financial breaches come from within. Controls like least privilege access and monitoring help protect from misuse.
Frequent audits
Financial firms face frequent audits of access controls. Detailed audit logs provide accountability.
Productivity essential
Traders, analysts, advisors need quick access to systems to execute timely transactions. Frictionless access improves productivity.
Partner access
Third parties like service providers may require access. Secure external user management is important.
Customer Identity Drives Financial Industry Innovation
The financial industry requires an access management approach that enables compliance, guards against myriad threats, and provides easy access for employees and partners to maintain productivity and satisfaction.
What does Softvision Solution looks like for Financial Industry
Identity and Access Governance
Manage user identities and access with automated provisioning, deprovisioning and certifications. Ensure least privilege and separation of duties.
Multifactor Authentication
Enforce strong authentication using biometrics, one-time codes, security keys and more for all applications.
Single Sign-On
Enable single sign-on with support for modern protocols like SAML, OIDC and FIDO to minimize login friction.
Access Reviews
Conduct automated access reviews and attestations to validate user entitlements.
Privileged Access Management
Manage and monitor privileged access to sensitive systems with just-in-time elevation and session recording.
Third Party Access
Securely allow regulated external party access with integrated risk-based analysis.
Access Intelligence
Gain visibility into access and entitlements with user behavior analytics, risk scoring and threat detection.
Automation
Automate manual IAM processes like user provisioning, access requests and deprovisioning.
APIs and Integration
Tight integration with existing systems through modern APIs and connectors.
Cloud and On-Prem Support
Flexible deployment models for cloud, on-prem and hybrid environments.
