Passlogix Solutions for the Financial Services Industry
Few industries are required by law to regulate data access and privacy more rigorously than financial services. Passlogix helps financial services companies ease the burden of compliance and strengthen security. With the Passlogix v-GO® Access Accelerator Suite, IT professionals can implement password and authentication measures that enable authorized users to rapidly access financial applications needed to service customers.
- Produce an audit trail of who accessed which financial applications and when.
- Keep customer records private and secure, away from the prying eyes of hackers and other unauthorized users.
- Extend strong authentication and password control to all employees, as well as third-party service providers.
Fast Access to Financial Data
Passlogix v-GO Single Sign-On enables users to log in once with a single password. Once users are logged in, whatever application they open is served the correct ID and password from v-GO Single Sign-On transparently and automatically.
The system eliminates the need for users to remember and manage multiple usernames and passwords for all their applications. As a result, strong passwords - those that are complex and frequently changed - can be used.
Having a single easy-to-remember password means your employees can gain instant access to their applications. Customers are impatient and dislike waiting for their account information when they need it. With Passlogix v-GO Single Sign-On, your customer service reps get authorized access to accounts and other relevant data - enabling prompt response to customer queries.
Enhance Network Security
Traders, customer service reps, managers, and other users in financial services firms are often in a hurry, and as a result, may unknowingly bypass security policy. For example, a user may tell other users his application password, making it impossible for IT to establish an audit trail of who accessed what and when.
Passlogix solutions help control system access with features such as random-generated passwords. These automatically generated passwords are more difficult to figure out than typical user-selected passwords, enhancing application security. And with v-GO Single Sign-On, passwords can be hidden from users-you can't share what you don't know, inadvertently or maliciously. By keeping customer financial data secure, you help eliminate identity theft, increase customer confidence, avoid negative publicity, and preserve your company's reputation.
Works with Your Existing Legacy Systems
Other sign-on solutions often require you to replace legacy systems with new technology to achieve single sign-on throughout your enterprise. Passlogix's solutions, however, work with whatever security schemes your current systems employ.
By using virtually any LDAP directory, Active Directory, or database server as its user profile and credential repository-without touching your base schema-Passlogix's v-GO Access Accelerator Suite frees you from the limitations of the “authentication silos” built into your various enterprise applications. The centralized repository stores credential data, application configurations, and security policies for all existing applications.
Benefits of Passlogix v-GO Access Accelerator technology
- Ease of implementation - patented technology deploys quickly.
- Accountability - tracks access to applications with customer's personal data and minimizes risk of identity theft.
- Safe and reliable accessibility - authenticates users properly to assure reliable and secure access to financial data.
- Lock-down of financial applications - applies the strictest password policies for each application.
- Single sign-on - authorized users can log on to all applications with a single, secure, easy-to-remember password.
- On-the-fly encryption - secures and protects every application credential at all times.
- Rapid return on investment - leverages existing infrastructure and reduces help desk costs.
- Facilitate compliance - protects your customers' personal and financial records and provides audit trail to support compliance demonstration.
