Identity and Access Management (IAM) is the bedrock on which digital transformation and business potential is built. In this digital age, any bank and financial institution that want to be at the forefront of creating innovative services with global reach need secure an accessible IAM systems that act as catalysts for change and facilitators of business growth.
Internally, banks aiming to create organizational structures that are creative and entrepreneurial in spirit require systems that allow employees seamless access, unencumbered by technological constraints.
It is worthy to note that in recent time, greater connectivity is driving radical transformations in every area of life and business. In a connected world, IAM sits at the very core of the business, key to every interaction. Identity and access management (IAM) in enterprise IT is therefore about defining and managing the roles and access privileges of individual network users and the circumstances in which users are granted or perhaps denied those privileges. These users might be customers (customer identity management) or employees (employee identity management.