5 best idm services for financial services ci os
TRANSCRIPT
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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