Financial Services

Solution by Industry

Financial Services

Streamline regulatory compliance requirements with risk-based
Identity framework

Financial Services Mature Audit Posture
with Automation

Financial institutions need to provide customers with secure technologies while mitigating insider threats to sensitive data and meeting stringent regulatory compliance requirements.  

Saviynt’s platform provides a frictionless end-user experience with quantifiable results so that financial institutions can automate their monitoring and remediation activities to ensure continuous internal control compliance across complex on-premises, hybrid, and cloud-based IT ecosystems.

Saviynt in Action

teststststeste

Add Your Heading
Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Add Your Heading
Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Add Your Heading
Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Transform IT Securely

Saviynt’s platform natively integrates across IT ecosystems, enabling governance for digital transformation strategies. Establish risk-based policies leveraging on-premises controls, then apply our intelligent analytics, extending governance to internal, external, machine identities,. Secure multi-cloud ecosystems using smart policies and continuous cloud asset risk monitoring.

Base IT Strategies on Risk

Saviynt’s depth and breadth of risk types and levels combined with fine-grained entitlements ease digital transformation compliance burdens. Stakeholders collaborate to establish risk-based access request workflows that surface risky access requests, such as those creating Segregation of Duties (SoD) violations, reducing audit findings and compliance risks.

Manage All User Identity Lifecycles Policies

Saviynt’s solutions orchestrate identity governance activities for vendors, customers, and non-human users. Organizations can create user identities, ownership, and succession policies for customers, contractors, vendors, applications, IoT, RPA/bots, and API service accounts. Saviynt lets you extend risk-based access governance internally and externally.

Secure the Continuous Integration/Continuous Development (CI/CD) Pipeline

Saviynt’s Cloud PAM natively integrates with mission-critical DevOps tools to mitigate digital business imperatives’ risks, such as privileged users migrating between development and production environments. Saviynt’s just-in-time, duration-based permissions for privileged access and browser-based console access capabilities maintain Zero Standing Privilege, protecting enabling you to securely develop applications.

Mature Compliance Programs Rapidly

Saviynt matures compliance programs by creating a single source of audit documentation, and our Risk Exchange natively integrates with key monitoring solutions, including SIEM, GRC, eGRC, and UEBA platforms. Our Control Exchange streamlines compliance activities, providing a Unified Controls Framework, cross-mapped against regulations, industry standards, platforms, and control types, including the FFIEC IT Manual.

How Saviynt Solves Challenges In the Financial Services Vertical

Identity & Access Lifecycle Management

Saviynt integrates directly with common federation platforms to seamlessly tie into your multi-cloud environment.  Accounts are directly linked back to identities and are automatically provisioned and de-provisioned as identities are added, moved, or removed to ensure credentials are not orphaned. When users leave the organization, Saviynt’s platform automatically removes/disables accounts in the federated platform and cloud solutions, ensuring organizations meet regulatory compliance requirements.

Fine-Grained Entitlement Visibility

Only Saviynt can delve into all of the complexities of application security hierarchies to draw a very precise image of exact access. Leveraging this deep visibility, you can grant the most precise access necessary for a person to execute their job, ensuring you’re adhering to the principle of least privilege across the entire application ecosystem.

Data Risk Analysis

Saviynt’s data analysis capabilities include pattern matching and natural language processing capabilities, to classify data as PII, PCI, PHI or Intellectual Property. Enterprises can leverage Saviynt to perform peer and behavioral analytics to detect high-risk activity based on risk scoring parameters including volume spike, ingress/egress traffic, event rarity, outlier access, policy/control violations, and threat intelligence. Saviynt enables enterprises to perform signature-less analysis for rapid detection, effective investigation, and closed-loop security response.

Emergency Access Management

Saviynt provides firefighter/emergency management capabilities with the ability to request and provision time-bound elevated access during business emergencies. After the completion of the user’s critical actions, Saviynt automatically initiates a complete review of the user’s audit/usage trail to ensure only authorized activities were performed. Saviynt further automates the life-cycle management of firefighter access with continuous review and certification of firefighter role and its contents by business role owners.

Risk-Based Access Review and Certification Campaigns

With Saviynt’s intelligent analytics and peer analysis, managers and IT administrators involved in the access review and certification campaign process gain visibility directly into the riskiest access. Saviynt’s platform enables organizations to create business-process workflows focused on risk to alleviate the “rubber-stamping” often involved in periodic reviews and certification campaigns. Approvers see only those risks elevated based on “high-risk” designation, ensuring governance over user access and easing compliance burdens.

Risk-Based Data Access Governance

Saviynt’s DAG solution allows the creation of risk-based policies to manage the data access program and automate user requests to data. Assigned data owners perform fine-grained access review to ensure granting entitlements aligns with business needs. Utilize peer and behavioral analytics detect high-risk activity in near real-time, allowing the enterprise to rapidly investigate and respond.

See how Financial Services organizations are succeeding with Saviynt

Future-Proofing Information Security For Investors Bank

Related Content