Read Aloud the Text Content
This audio was created by Woord's Text to Speech service by content creators from all around the world.
Text Content or SSML code:
<speak> White Paper | Making the most of IAM Technology in Financial Services Industry<break time="500ms"/> Reason why financial services enterprises require<break time="100ms"/> robust identity management systems that would help them approach <break time="100ms"/>security and compliance in a holistic manner.<break time="500ms"/> Let’s start with exploring<break time="100ms"/> various technological aspects of implementing IAM Solutions in Financial Services Industry.<break time="500ms"/> For starters the regulatory environment – General Data Privacy Regulation (GDPR) and<break time="100ms"/> the deadline for implementing measures should be<break time="100ms"/> a reason enough for tightening IAM in financial services industry and<break time="100ms"/> charting a clear strategy roadmap. <break time="500ms"/> The Consumer interaction in financial services industry is the future of identity management. <break time="500ms"/>Enterprise IT System in Financial Services industry needs to be robust, and they can benefit from Consumer Identity and Access Management (CIAM) capabilities – including managing identities, understanding challenges in implementing IAM Solutions, harnessing IAM technology in the changing IT ecosystems. <break time="500ms"/> Within the financial services industry, the increasing demand from the business for getting reliable and, efficient access given to the employees, partners, contractors, partners or customers, is a complex task. <break time="500ms"/> Basic IAM implementation needs to be optimized for workflow and processes. <break time="500ms"/> There is a greater need for achieving a balance between<break time="100ms"/> providing information to right set of users while, ensuring that sensitive personal data is safe – overall knows as user identity and access management practices. <break time="500ms"/> For a user facing interface, it includes identity management SSO, data management, digital identity security, so on to curtail challenges in this regard.<break time="500ms"/> Learn more from our IAM experts </speak>