Regulatory Compliance — 05 March 2013
— Jay O’Donnell, president and CEO of N8 Identity, says:
The majority of vendor solutions take a reactive approach to identity management (IAM) by allowing policy violations to occur and then reporting on access violations after the fact. Our flagship product, Employee Lifecycle Manager (ELM), is breaking new ground in the IAM industry by taking a proactive approach and preventing inappropriate access from being granted and identity governance violations from occurring in the first place. This ensures continued compliance with SOX, HIPAA, PIPEDA and other federal security regulations.
Enterprise customers are starting to understand that reporting and attestation are not enough to meet their identity governance requirements. ELM is unique in the industry today in that it enables continuous compliance thereby reducing risk significantly. It also generates enormous process efficiency and cost savings within an organization, which is a huge advantage. Support costs are decreased drastically and help desk calls become almost nonexistent, which minimizes the business burden while simultaneously improving IT agility.
ELM leverages its customers’ existing investment in identity and related infrastructure, eliminating the need to ‘rip and replace’ so customers need not worry that any existing employee information will be lost in the upgrade process. Furthermore, onboarding processes from all departments are unified and streamlined which cuts the onboarding time down significantly and enables new employees to be productive immediately. This boost in efficiency allows time and budgets to be allocated more intelligently as needed.
ELM provides a unified set of business processes, which helps the user experience remain consistent across global organizations so that all facets of the company are on the same page. This approach solves compliance requirements by incorporating organizational controls within the business process that proactively prevent access policy breaches. In addition, the strong audit and reporting capabilities within ELM are essential for meeting SOX, HIPAA, PIPEDA and other federal security regulations.