This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Webster Bank Selects RSA’s Aveksa For Enterprise Identity And Access Management

Stocks in this article: EMC

Aveksa, Inc., part of RSA, The Security Division of EMC (NYSE: EMC) today announced that Webster Bank, a leading regional bank serving businesses and consumers in the Northeast, has selected Aveksa’s Business-Driven Identity and Access Management (IAM) platform to help secure its enterprise. The Aveksa platform is designed to help automate, streamline and improve Webster Bank’s business processes around critical access control to applications and data, and assist in meeting its compliance requirements. As a result, Webster Bank will be able to make accurate and timely access-related decisions, improve audit readiness and achieve continuous compliance.

With approximately 3,000 employees, Webster Financial Corporation (NYSE: WBS) is the holding company for Webster Bank, N.A. With $20 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 168 banking offices, 296 ATMs, and telephone, mobile and Internet banking.

“As one of the 33 largest banks in the nation, it is essential that we deploy the most sophisticated technology to support our banking services to provide an exceptional banking experience that enables our customers to bank when, where and how they want,” said Colin Eccles, Executive Vice President, Chief Information Officer, Webster Bank. “We evaluated many Identity and Access Management solutions and selected Aveksa due to the breadth and depth of its functionality. Through our selection of Aveksa, we can rest assured that employee access to mission-critical applications and data is accurate and secure across the enterprise."

The Aveksa platform is a comprehensive solution for Identity and Access Management. The platform includes Access Certification Manager, which is engineered to automate the monitoring, reporting, certification and remediation of user entitlements; Business Role Manager, which is designed to enable role discovery, modeling and maintenance; Access Request Manager, which is built to combine a business-friendly interface and an automated, streamlined request process with policy controls to ensure that access is appropriate; and Data Access Governance, which is engineered to add visibility, control, and business ownership identification of unstructured data resources, including file shares and Microsoft ® SharePoint ® technology.

“Webster Bank has a vast network of branch offices with thousands of employees located throughout New England and New York," said Vick Viren Vaishnavi, President and CEO of Aveksa. “By selecting Aveksa as its IAM automation platform, Webster Bank will now have clear visibility to ‘who has access to what’ for all of its employees across applications and data resources. This will not only make its IAM process more efficient, but will help Webster Bank reduce access-related costs and more efficiently meet its compliance requirements."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs