Science & Technology
Science and Technology
Science and Technology
Mon, March 16, 2009
Sun, March 15, 2009
Fri, March 13, 2009
Thu, March 12, 2009
ActivIdentity Corporation: SNS Bank Selects ActivIdentity Smart Employee ID Solution for Workforce Security and Mobility
FREMONT, CA--(Marketwire - March 12, 2009) - ActivIdentity Corporation (
Compliance is a critical task for the bank as regulators have introduced new guidelines reflecting increased use of online trading, requiring every employee accessing the trading system to have a unique and secure sign-in.
Multiplying the advantages of their investment even further by offering employee flexibility and accountability with increased security, SNS Bank decided to deploy a secure ID badge to access corporate facilities and IT resources, combining logical and physical access into a single smart card. After an extensive investigation of the available technologies, ActivIdentity was selected as the strongest solution by the bank and their value added reseller Avensus who implemented the solution at SNS Bank. ActivIdentity's Smart Employee ID was seen as the best fit to overcome both challenges: deliver a robust audit trail of all transactions and increase security.
"Our key objective is to protect our long term investment and make sure we can adapt and respond to our business and regulatory demands," explained Peer van Heeswijk, Head of Infrastructure Services at SNS Bank. "ActivIdentity key strengths for the SNS project included ActivID™ Credential Management System for smart cards, which easily integrated into the bank's applications."
"ActivIdentity has strong expertise and understands the challenges faced by financial institutions. Our comprehensive approach helps organizations comply with national regulations in managing authentication and securing digital identities," said Grant Evans, chairman and chief executive officer of ActivIdentity. "SNS is showing the way forward by implementing our Smart Employee ID solution to consolidate user identification and improve facility and IT security by integrating processes and back-end systems. The strategy of using smart cards to consolidate user access services is being adopted by a growing number of organizations."
The strong authentication and credential management solution deployed at SNS Bank is composed of ActivID™ Credential Management System for smart card, ActivClient®, 4TRESS™, and authenticators like smart cards and tokens.
About SNS Bank
SNS REAAL is an innovative service provider in the banking and insurance sector with a focus on the Dutch retail market and on small and medium-sized enterprises. The product range consists of three core product groups: mortgages and property finance, savings and investments and insurance. SNS REAAL is among the largest banking and insurance companies of the Netherlands with a balance sheet total of EUR 103 billion and 6,713 employees (FTEs).
SNS REAAL has a long history of commitment to Dutch society. SNS REAAL's history goes back to the end of the 19th century, and has its roots in regional savings banks and various insurance companies. SNS REAAL emerged in 1997 from a merger of the banking operations of SNS Group and the insurance operations of REAAL Group, which for many years was tied to the trade union movement. An eye for social interests and new social developments are in the organisation's genes.
As a bank and insurer, SNS REAAL holds a distinct position in its market by quickly and effectively translating client needs into accessible and transparent products. In-depth knowledge of products and efficiently designed processes lead to effective standardisations and combination options within product and client groups. SNS REAAL consists of the business units SNS Bank, REAAL Verzekeringen and Group Activities. SNS REAAL is a strong and flexible organisation that, through its core brands SNS Bank and REAAL Verzekeringen and specialised sales labels, enjoys strong positions in the Dutch market.
About Avensus
Availability and secure access are key success factors to the business. The IT-infrastructure is crucial in this; Avensus offers services in the areas of Consultancy, Design, Implementation and Management of "Reliable IT-infrastructures." In other words, IT-infrastructures that support the organization goals in terms of availability, scalability, flexibility, security and performance.
About ActivIdentity
ActivIdentity Corporation is a global leader in strong authentication and credential management, providing solutions to confidently establish a person's identity when interacting digitally. For more than two decades the company's experience has been leveraged by security-minded organizations in large scale deployments such as the U.S. Department of Defense, Nissan, and Saudi Aramco. The company's customers have issued over 100 million credentials, securing the holder's digital identity. ActivIdentity is headquartered in Silicon Valley, California. For more information, visit [ www.actividentity.com ].
ActivIdentity, ActivID, ActivClient and 4TRESS are registered trademarks in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.
Safe Harbor Statement
The statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include risks relating to our history of losses and need for revenue growth and cost containment, the integration of acquired business and technologies, the variability of our quarterly results, and other risks identified under the caption "Risk Factors" in our most recent Annual Report on Form 10-K, and in subsequent Quarterly Reports on Form 10-Q, which are filed with the United States Securities and Exchange Commission (SEC). There can be no assurance that we will achieve targeted levels of revenues for fiscal 2009 or that our strategic initiatives will result in the anticipated benefits. Copies of our SEC filings, which have more information about these and other risks, are available from the Company and on the SEC website at [ www.sec.gov ]. Actual results, events and performance may differ materially from our forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
