Overview

In today’s global marketplace, Regulatory Compliance requirements / demands are driving the market for IAM solutions. Enforcing and auditing authentication practices and access control policies is a critical element of compliance projects. Multiple regulations such as Sarbanes-Oxley, GLB, EU Data Privacy Act, BASEL II and HIPAA mandate different aspects of privacy or accountability or risk management. This requires organisations to have IT systems to ensure that employees get access only to resources they have permissions for. IdM solutions, help enterprises check whether their policies are being correctly implemented. It permits the detection of system break-ins.

As indicated before, Compliance to regulatory demands have a telling impact on conducting business, in the US, UK, EU, India, Japan, Australia and almost all the key markets in the world. Each of these regulations have indicated timelines for enterprises to adhere to. In order for the enterprises to adhere to these guidelines and demands, they have to design and implement internal systems, control mechanisms, make them auditable, standards based, bring in accountability into the system in a quick, and efficient manner.

With the deadlines for SOX fast approaching and BASEL II also coming along in a major way, HIPAA being at the forefront, enterprises cannot afford to ‘not comply’. The sheer need for the business to go on in an ongoing manner makes it imperative for the enterprises to increase their IT spend and implement systems and solutions on an immediate basis.

Investments in complying to regulations and thereby on Identity and Access Management initiatives / solutions are the order of the day, no escaping the fact. The Indian region has so far, felt a major impact, especially in the outsourcing industry spread across verticals, Indian banks have started to awaken to the fact that RBI guidelines have to be adhered to by 2007, with the government moving in with new regulations to make all aspects of the industry accountable and auditable, Compliance will be the buzz word in this part of the world as well, in the coming days.

As enterprises primarily in the BFSI, IT, ITES, Manufacturing, Governmental agencies strive to implement operational improvements, introduce new systems to adhere to guidelines, with an eye on business results, IAM is emerging as a fundamental enabling technology.

ILANTUS compliance related offerings are designed to encompass all compliance driven initiatives in an enterprise from an IAM perspective. ILANTUS compliance solutions support and enable enterprises to achieve the following ‘ground up’ actions to enable them:

• Establish connectivity to various enterprise systems
• Define New and / or Map existing business rules
• Match / Map accounts / roles / privileges / permissions
• Design / Enable Audit and Exception reporting
• Enable continuous and time bound / on demand reporting

• Protection of business-critical data from unauthorized access.
• Compliance with administration and approval processes
• Auditing of existing authorizations and security settings in IT systems
• Traceable administrative and Help Desk activities.
• Fast correction of any defects identified in the above mentioned areas.
• Protection of business-critical data
• Automated Administration processes
• Auditing authorizations
• Traceable Administration
• Correction of defects

IAM systems play an important role in IT enabled measures for complying with regulations. They provide vital information for risk assessment, reduce the time and effort involved in reporting, and actively and measurably improve IT security levels.

ILANTUS offers implementation services for enterprises meeting compliance requirements from various technology vendors.

For more details, Please

email enquiry@ilantus.com
or
call us on the nearest location for an ILANTUS representative to contact you.