Retail Banking Identity Management
You don't need to struggle to comply with regulations.
Novell offers an identity-driven solution designed specifically for retail banks that provides the foundation needed to enforce security and better address regulatory compliance, improve productivity, satisfy customer demands and increase revenue.
As a retail bank, your organization faces a number of challenges that complicate your ability to operate efficiently. For instance, you are likely already addressing consumer fraud and the related security measures. At the same time, many of your internal security measures are under scrutiny from a number of organizations and agencies to ensure compliance with a growing number of regulations. These include the Gramm-Leach-Bliley Act, the Sarbanes-Oxley Act, the Patriot Act, Basel II, and multifactor authentication as recommended as best practice by the FFIEC, to name a few.
To complicate matters, your industry is in the midst of a transformation that is changing the face of retail banks. Your bank may be investing significantly in its branches and offering a diversified set of new products and services to customers, while also opening new banking centers. Increasingly, you are hiring part-time and temporary front-office and back-office employees, while rotating personal bankers and product specialists between your various banking centers. At the same time, the banking industry is undergoing unprecedented levels of consolidation.
The associated challenge of integrating IT systems and organizations from multiple companies is making it difficult to ensure uninterrupted operations in the front office. In the midst of this transformation, retail banks need to do the following:
- Ensure simplified and secure access to heterogeneous IT systems
- Improve employee productivity and reduce operational costs
- Automate compliance reporting
- Enable employees to focus on customer service
Novell offers an identity-driven solution–designed specifically for retail banks–that provides the foundation needed to enforce security and better address regulatory compliance, improve productivity, satisfy customer demands and increase revenue.
The Retail Banking Identity solution from Novell is a flexible solution framework that can be configured to meet the wide range of technology platforms and software used in the banking industry.
The solution includes award-winning Novell technologies to ensure fast, secure, role-based and location-based access to key applications on a variety of devices. Key features of Novell Retail Banking Identity Solution include the following:
End User Capabilities
- Role-based applications launch pad
- Single sign-on with strong authentication
- Fast user login and switching
- Self-service password management
- Temporary access management
- Proxy / delegation capabilities
Enterprise Infrastructure Capabilities
- Automated and policy-driven user provisioning processes
- Audit user and security administrative activities
- Compliance reporting and monitoring services