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."