5 best idm services for financial services ci os

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Courtesy of InfraMatix http://www.IDMChecklist.com 5 Best IDM Services for Financial Services CIOs

Transcript of 5 best idm services for financial services ci os

Courtesy of InfraMatix

http://www.IDMChecklist.com

5 Best IDM Services

for Financial Services CIOs

IDM services, has been a

commodity market for fifteen

years with Oracle, CA, and IBM

dominating the market

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Commodity Functions

Common to All

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This summary points out

some of what makes

each product unique

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All of them do the basic

IDM functions, which include

creating and deleting user

accounts, granting access,

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reconciling IDM data with

upstream and downstream

systems, and user self-service

(password reset)

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Financial Services Regulatory

Compliance

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All of these products listed

below supply audit tools to

help financial services users

comply with financial industry

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and other government

regulations, such as PCI DSS

Data Security Standards,

Gramm-Leach-Bliley Act

(GLBA), and Sarbanes–Oxley

Act (SOX)

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Oracle, CA, and IBM are

the traditional heavy-weights,

but Courion and SailPoint

deserve a look, as they are

growing fast

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Because their products are

more recent, they contain

newer ideas

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and improved governance

features that would be more

difficult to retrofit on the older

products, whose architecture

is already set

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Best Five IDM Products

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Listed below are the five best

IDM products for the financial

services industry:

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1. Oracle

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Oracle IDM includes mobile

app security that does not

violate user privacy as does

traditional MDM (mobile device

management)

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Oracle is a safe bet for the CIO

because of its large install base

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Oracle is no longer actively

marketing the Waveset

Lighthouse platform, and is

instead using Oracle Identity

Manager (OIM)

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2. EMC

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EMC IDM is correctly called

RSA IDM, as EMC acquired RSA

in 2006

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RSA entered the user security

space long ago with their

RSA token, providing strong

authentication, which defeats

hacker’s ability to use stolen

passwords

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3. Courion

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Courion IAM includes built-in

forensics and intrusion

detection to identify user abuse

and weaknesses in security,

thus reducing risk

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It uses analytics to flag events,

like elevated access, and

assists with decision making,

like measuring productivity

and making hiring decisions.

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4. CA Identity Manager

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One simplification to the

product is that CA has made

customizing the user screens

simpler with the ConfigXpress

tool, replacing Java and

JavaScript

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5. SailPoint

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Their Simple Cloud Identity

Management (SCIM)

specification uses JSON

or XML for provisioning

to SCIM cloud applications,

like Salesforce.com

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Bottom Line

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This provides you with single

point of contact, no blame

game, and they are more

cost effective

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While SailPoint has an excellent

IDM platform, it has gaps

that require integration with

other third party platforms,

with the potential for silos

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What experience do you have

with these five IDM players?

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Which have you chosen for

your financial services firm

and why?

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Please share your thoughts in

the Comments box below.

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