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ActivIdentity Smart Employee ID Solution rolled out in one of the world's largest Financial Services Institutions
ActivIdentity Smart Employee ID Solution rolled out in one of the world's largest Financial Services Institutions
Fremont, Calif., April 2, 2008 - ActivIdentity Corporation (NASDAQ: ACTI), a global leader in digital identity assurance, announced today the worldwide implementation of the ActivIdentity Smart Employee ID solution in a prominent international bank with assets of approximately 1 trillion Euros. The Bank chose the ActivIdentity Smart Employee ID solution to secure access to over 300 sensitive applications by more than 100,000 employees, and to secure numerous facilities without impacting usability and convenience. The ActivIdentity Smart Employee ID functions as a photo ID and a proximity badge for facility access, as well as an IT security device for digital identification and authentication.
The Bank’s ongoing analysis of new and existing threats, combined with ever-changing mandates from industry regulators led it to conclude that it required stronger controls, including management of passwords, strong authentication, and strengthened physical access security. The Bank also recognized that Enterprise Single Sign On (SSO) should be integrated with the overall solution to provide higher productivity, strong application security and streamlined user access with the ability to centrally manage security policies.
“Experience had taught us that an integrated solution from a single vendor, such as ActivIdentity, is more reliable and easier for our existing IT resources to support than a loosely integrated solution from multiple vendors,” said a Global IT Services Program Manager managing the Bank’s deployment. “The ActivIdentity solution is a key element in consolidating the bank’s security systems into one standardized solution for PKI, logical access, and physical access.”
After evaluating offerings from RSA, Intercede, and Passlogix, the Bank determined that ActivIdentity offered the best products for remote access, and credential management and Enterprise SSO. Further, it became obvious that only ActivIdentity offered a complete, globally scalable, integrated solution which included both physical and logical credential management, SSO, and strong authentication.
Smart Employee ID allows organizations to converge user identification, and improve facility and IT security by integrating processes and back-end systems. The result is a single card for each person across facility and IT domains, providing increased security and accountability.
“ActivIdentity has built a reputation on meeting the physical and logical security needs of the world’s leading enterprise organizations,” said Thomas Jahn, CEO of ActivIdentity. “Physical-logical convergence provides improved identity lifecycle management, security and compliance. An ever-increasing number of organizations in the Banking & Finance sector are relying on Actividentity Smart Employee ID as a key component of their physical/logical security strategy.”
About ActivIdentity
ActivIdentity® Corporation (NASDAQ: ACTI) identity solutions secure the business of enterprise, government, healthcare, and financial services organizations worldwide. Trusted identity is the core of the ActivIdentity platform enabling security for data, networks, applications, passwords and credentials, web, email and documents, transactions as well as converged security.
ActivIdentity solutions support the convergence of physical and logical identity through strong authentication with smart card lifecycle management, adding enterprise single sign on, and data encryption and digital signature.
ActivIdentity customers experience multiple benefits including increased network security, protection against identity theft and online fraud, enhanced workforce productivity, business process efficiencies, and regulatory compliance. For more information, visit www.actividentity.com.
ActivIdentity and ActivCard are registered trademarks in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.