Coforge Strengthens Security with Managed IAM for US Financial Giant

Challenges

The financial services company sought a partner to:

• Optimize Existing IAM: Leverage their Oracle IAM solution more effectively.
• Enhance Security: Improve security posture through comprehensive access management.
• Streamline Processes: Evaluate and refine existing IAM policies and processes.
• Gap identification: Identify gaps/improvement areas and provide recommendations for enhancements.

Solution

Coforge's expertise and ACE services delivered a customized IAM solution:

• In-depth Assessment: Collaborated with stakeholders to understand the client's environment, application landscape, and needs.
• Policy & Process Optimization: Evaluated and improved IAM policies and processes with Coforge ACE.
• Seamless Transition: Ensured a smooth transition to managed IAM services.
• Automation & Efficiency: Automated identity governance processes to continuously monitor and review access certification for a streamlined user experience and improved efficiency.
• Risk-Based Access Control: Implemented risk-based access management to mitigate threats.
• Continuous Monitoring: Continuously monitored the IAM infrastructure and managed integrations with directory services, applications, etc.
• Collaborative Improvement: Established a framework for driving continuous improvements in the identity and access management services through periodic workshops with the customer.

The Impact

Coforge's solution delivered significant benefits:

• Enhanced Security Reduced insider threats and improved anomaly detection with risk-based access.
• Improved User Experience Automated processes streamlined user workflows.
• Increased Efficiency Automated tasks boosted employee productivity.
• Centralized Governance Centralized identity governance and administration simplified management.