Large Independent Bank Secures Its IT Infrastructure With Novell
October 16 2008 - 2:06PM
PR Newswire (US)
UMB Financial Corp. chooses portfolio of Novell solutions to
improve customer access and ensure the availability of its mission
critical applications WALTHAM, Mass., Oct. 16
/PRNewswire-FirstCall/ -- One of the largest independent banks in
America, UMB Financial Corp., (UMB) is implementing Novell(R)
identity management solutions on SUSE(R) Linux Enterprise Real Time
to streamline user access and increase data security. A multi-bank
holding company headquartered in Kansas City, MO, UMB has 3,500
employees and offers complete banking, asset management, health
spending solutions and related financial services to both
individual and business customers nationwide. With Novell, UMB has
streamlined user access, reduced information technology (IT)
administration time and improved its ability to comply with
regulatory requirements. "We are always looking for ways to make it
more convenient for our customers to do business with us," said
Kanon Cozad, senior vice president and director of Application
Development at UMB. "We chose Novell because we needed solutions
that could work across multiple platforms and systems and because
they support open standards, which fits our business model. Novell
is helping us keep a competitive advantage in attracting and
retaining our customers as we now have the right foundation to keep
up with bigger players in our market and stay ahead of smaller
ones." As a diverse financial holding company, UMB wanted to
simplify customer access to its many different products and
services. The IT staff was managing user identity information
across dozens of systems in a complex environment, resulting in
customers having to remember multiple log-in identifications (IDs)
and passwords to access their accounts. UMB also operates in an
extremely regulated industry and needed to ensure the security of
confidential customer information. UMB evaluated several identity
management solutions before selecting Novell Identity Manager and
Novell Access Manager(TM) to run on SUSE Linux Enterprise Real
Time. With assistance from Novell Consulting(R), the bank has
integrated its customer-facing applications for online banking and
cash management, providing thousands of retail and commercial
customers with a holistic view of their accounts. Novell Access
Manager provides single sign-on access to all portal applications,
which reduces passwords by 75 percent and password-related helpdesk
requests by 30 percent. With its Novell identity management
solution running on SUSE Linux Enterprise Real Time for maximum
efficiency, UMB has streamlined user identity information for
nearly 150,000 users, increasing the level of convenience for
retail and commercial customers, as well as employees. Centralized
user management has greatly improved data accuracy and security,
while reducing IT administration time by 25 percent. Streamlining
user management has also reduced the time spent on audits, thus
improving the bank's ability to comply with Sarbanes-Oxley and a
myriad of other regulatory requirements. "Making it convenient for
customers to view and manage their accounts online with around the
clock access is a key competitive advantage for financial services
companies," said Jim Ebzery, senior vice president and general
manager of Identity and Security Management at Novell.
"Streamlining identity management helps UMB safeguard its data and
improve customer access to information and services. The bank can
also complete its audits significantly faster and react quickly to
new regulatory requirements without business interruption." For
more information about Novell identity and security management
solutions, visit http://www.novell.com/identityandsecurity. For
more about SUSE Linux Enterprise Real Time, visit
http://www.novell.com/products/realtime. About Novell Novell, Inc.
(NASDAQ:NOVL) delivers the best engineered, most interoperable
Linux* platform and a portfolio of integrated IT management
software that helps customers around the world reduce cost,
complexity and risk. With our infrastructure software and ecosystem
of partnerships, Novell harmoniously integrates mixed IT
environments, allowing people and technology to work as one. For
more information, visit http://www.novell.com/. About UMB UMB
Financial Corporation (NASDAQ:UMBF) is a multi-bank holding company
headquartered in Kansas City, Mo., offering complete banking, asset
management, health spending solutions and related financial
services to both individual and business customers nationwide. Its
banking subsidiaries own and operate 135 banking centers throughout
Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and
Arizona. Subsidiaries of the holding company and the lead bank, UMB
Bank, n.a., include an investment services group based in
Milwaukee, Wis., single-purpose companies that deal with brokerage
services and insurance, and registered investment advisors for
proprietary mutual funds. Novell and SUSE are registered trademarks
and Access Manager is a trademark of Novell, Inc. in the United
States and other countries. * All third-party trademarks are
property of their respective owners. DATASOURCE: Novell, Inc.
CONTACT: Amie Johnson of Novell, +1-801-861-2893, Web site:
http://www.novell.com/
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