Identity and Access Management System

For financial institutions today, compliance with the Sarbanes Oxley Act of 2002 (SOX) is a major responsibility. The purpose of SOX is to provide corporate transparency and improve investor confidence. Identity and Access Management (IAM) is necessary to support SOX requirements for fraud reduction, policy enforcement, risk assessment, and compliance auditing. System security, confidentiality of personal client information, and deterrence of fraudulent activity are all impacted by system access rights.

ClaySys AppForms IAM Solution supports strong security policies across the enterprise, while reducing the overall cost of compliance.

• Streamlines management of user identities and access rights.
• Documents each employee’s current access.
• Automates enforcement of segregation of duties and policies.
• Automates an annual review of every employee’s system access.
• Compares employee access to highlight necessary updates.
• Automates communication for departmental audits and responses.
• Generates reports with up-to-date access information by employee, department and system.