Banking and Finance Industries Benefit from Omada’s Identity Management and Governance Access



Control and compliance across complex IT enviroments


The financial sector has to deal with increasing national and international industry regulations such as Basel II, SOX, and Solvency II. The regulatory framework that applies to the industry requires control and compliance of often highly complex IT environments with large numbers of users. Omada's focus on business-centric governance solutions and services – that provides enterprise-wide control and compliance, efficient user provisioning, and automated processes for separation of duties and policy enforcement has clear appeal to the financial sector.


Transparency of complex IT systems

Based on Microsoft technology Omada Identity Suite provides deep access intelligence across highly complex IT environments, gathering identity and entitlement data from all enterprise applications on-premise, outsourced, or cloud-based. The solution ensures transparency of complex IT systems, provides automated processes for attestation, reporting, and separation of duties (SoD), and enables financial industries to automatically enforce policies, provide instant documentation and reporting of users’ access rights and entitlements to effectively manage governance, risk, and compliance across heterogeneous IT environments.


Omada has solved governance and compliance challenges for financial industries, providing innovative IT-based identity management solutions as well as consulting services based on our in-depth expertise.



Customer Cases from the Banking and Finance Industry


Comdirect implements Omada's Identity Management Solution to automate processes

Comdirect Bank – the market leading bank among online brokers and investors in Germany, has chosen to implement Omada Identity Suite. The Identity Management solution will automate processes for requesting and granting access rights for both internal employees and external IT users. Existing procedures will be replaced by automated processes to improve reporting, archiving, and access management.


Easy reporting and central overview

The main objective of the project is to meet audit requirements and compliance regulations by employing automated processes for rights management and documentation. The Omada solution will enable easy reporting and central overview of users’ access rights and automatic provisioning.

► Identity and Access Management


Sydbank selects Omada Identity Suite and FIM 2010 

Sydbank, a Danish based full service bank with branches in northern Germany and a subsidiary in Switzerland, has chosen Omada Identity Suite and Microsoft Forefront Identity Manager 2010 as the solution for efficient and secure administration of identity lifecycle management for bank employees.


Reporting and attestation capabilities

The solution will also help optimize and support key HR processes and provisioning of non-IT related assets, as well as providing reporting and attestation capabilities.

► Omada Identity Suite


Omada and Swiss partner WIB delivers identity management solution to RTC

The solution is based on Omada Identity Suite for the RTC - Real Time Center AG. Omada's identity management solution enables RTC AG to offer its financial service customers, cost efficient identity management processes that comply with audit requirements and at the same time provide an easy solution to meet legislative requirements.

"The key selection criteria for RTC were that Omada Identity Suite provides an easily integrated, scalable and future-proof solution," said Dieter Weuffen, Managing Director of WIB AG. 

► Read the German press release here









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