Raymond James Financial Selects RSA Security for Identity and Access Management
March 09 2004 - 8:00AM
PR Newswire (US)
Raymond James Financial Selects RSA Security for Identity and
Access Management RSA ClearTrust(R) web access management and RSA
SecurID(R) two-factor authentication solutions centralize user
identities and provide secure access to online resources BEDFORD,
Mass., March 9 /PRNewswire-FirstCall/ -- RSA Security Inc. today
announced that Raymond James Financial Inc. has implemented a new
identity and access management solution based on RSA ClearTrust(R)
web access management and RSA SecurID(R) two-factor authentication.
The RSA Security solution helps Raymond James reduce its
administration costs by efficiently managing user identities,
authentication policies and user privileges across multiple
applications and domains, resulting in a better user experience and
more secure access to confidential information. Raymond James, one
of the largest global financial services firms with more than 2,100
offices worldwide, provides its enterprise user community with
online access to account information, financial data and a variety
of other web resources. With hundreds of back end systems, each
with its own authentication process, Raymond James was looking for
a way to streamline its application security processes and
policy-based web access capabilities. After careful evaluation,
Raymond James selected RSA ClearTrust software to centrally manage
user identities, authentication policies and user privileges. The
company uses the web access management solution to provide strict
access control and provide a reduced sign-on requirement to users
accessing the company's corporate portals, application servers and
other protected web resources. "RSA ClearTrust software enables us
to provide delegated administration, so we can turn to certain
businessunits within the company and give them the ability to grant
rights to specific applications and web resources," said Don
Richmond, manager, Information Security, Raymond James Financial.
"We are also now able to provide users a much better experience in
accessing our resources, thereby allowing them to avoid the
requirement of having to login separately to each system." RSA
ClearTrust software provides native support for databases and
directory servers, allowing Raymond James to leverage its existing
user data, while providing seamless integration with the company's
existing databases, web servers and applications. It also gives the
company the flexibility to provide specialized entitlement
processing as well as the ability to look at specific directory
attributes, so that authorized company administrators can specify
which individuals have access to certain applications. For more
secure access, Raymond James uses the RSA SecurID two-factor
authentication solution to provide a fast, simple and highly
reliable way to verify an employee's identity before they are
allowed to access the company's enterprise networks and operating
systems. The RSA SecurID solution requires users to identify
themselves with two unique factors - something they know, such as a
PIN, and something they have, in this case, a token - before they
are granted access. "Another reason we selected RSA Security was
for its strong vision and next-generation architecture that will
enable us to pull all of our identity and access management
products into a single framework," said Richmond. "We're looking
forward to managing both RSA SecurID software and RSA ClearTrust
software through this centralized platform, making administration
even simpler than it is now." "One of the greatest obstacles facing
today's global enterprises involves efficiently and
cost-effectively managing user identities, and ensuring appropriate
access rights are granted in a timely, accurate fashion. To meet
this challenge, companies need a solution that can integrate easily
with existing applications and protocols," said John Worrall, vice
president of worldwide marketing at RSA Security. "RSA Security
identity and access management solutions provide the foundation for
a dependable identity infrastructure, enabling organizations to cut
identity administration costs, enhance user productivity, enable
new business opportunities, and achieve security and compliance
goals." About Raymond James Financial Inc. Raymond James Financial
(NYSE:RJF) is a full-service financial services firm serving
individuals, corporations and municipalities through its three
wholly-owned investment firms, Raymond James & Associates,
Raymond James Financial Services and Raymond James Ltd., which have
over 4,800 financial advisors in more than 2,100 locations
throughout the United States, Canada and internationally, as well
as through its asset management subsidiaries, which currently
manage in excess of $18 billion. About RSA Security Inc. RSA
Security Inc. helps organizations protect private information and
manage the identities of people and applications accessing and
exchanging that information. RSA Security's portfolio of solutions
-- including identity & access management, secure mobile &
remote access, secure enterprise access and secure transactions --
are all designed to provide the most seamless e- security
experience in the market. Our strong reputation is built on our
history of ingenuity, leadership, proven technologies and our more
than 14,000 customers around the globe. Together with more than
1,000 technology and integration partners, RSA Security inspires
confidence in everyone to experience the power and promise of the
Internet. For more information, please visit
http://www.rsasecurity.com/. RSA, ClearTrust, SecurID and The Most
Trusted Name in e-Security are either registered trademarks or
trademarks of RSA Security Inc. in the United States and/or other
countries. All other products and services mentioned are trademarks
of their respective companies. For more information: Amy Barney Tim
Powers McGrath/Power Public Relations RSA Security Inc. (408)
727-0351 (781) 515-6212 DATASOURCE: RSA Security Inc. CONTACT: Amy
Barney of McGrath/Power Public Relations, +1-408-727-0351, ; or Tim
Powers of RSA Security Inc., +1-781-515-6212, Web site:
http://www.rsasecurity.com/
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