Axiomatics has received an order from one of the world’s largest banks for its XACML based authorization product suite as well policy modeling in the form of professional services. This combined solution offers significant efficiency gains in term of faster deployment of new services while strengthening internal controls for regulatory compliance.

 

Once again Axiomatics became the selected vendor in one of the largest XACML deployments within a given industry. This time the customer is one of the world’s largest banks. The order, which includes the Axiomatics Policy Server (APS), the Axiomatics Policy Auditor (APA) and professional services, delivers highly scalable, enterprise-wide, fine-grained authorization and auditing capabilities.  

“It’s no secret that more and more financial institutes are looking for a flexible and relatively easy way to deploy solutions that speed up and improve their access control processes,” says Babak Sadighi, CEO of Axiomatics. “When a client chooses Attribute Based Access Control (ABAC) based on the XACML standard, they get a dynamic system that allows them secure compliance with regulations and corporate policies integrated with their existing platform. This not only provides substantial savings over time, it can also open up new business opportunities.”

The Policy Decision Point (PDP) can be plugged-in to an existing framework and tailored to meet the requirements of existing infrastructures. “One of the key advantages with Axiomatics Policy Server essential for this large financial institution was the modular design of our products. They are combining individual components and related APIs in a creative manner to achieve fine-grained authorization exactly the way they want,” says Babak Sadighi. “Furthermore, by using Axiomatics, they get a dedicated best of breed solution without having to add numerous other unnecessary suite components to their application stack.”

For the Financial Industries in general performance is crucial and performance certainly was one of the tougher requirements on Axiomatics Policy Server in this instance. The performance matrix established in the deployed environment in reality turned out to vastly exceed the estimates on which requirements were defined.

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The XACML Value Proposition

Cost savings may not be your primary reason to look for standards-based and fine-grained access control. It is, however, a predominant side-effect. Once you achieve secure information sharing you also enable new business opportunities. Read more...

Standards-based solutions

Cloud, mobile computing, multiple user identities, etcetera, are all factors that in the past, required an individual approach to access control. With XACML, standards-based authorization solutions can now encompass virtually any technology. Read more...

Trusted solutions provider

Axiomatics solutions can be found in use at leading global entities within finance, manufacturing, healthcare, and the public sector. Our trusted technology has been consecutively chosen for the world's largest XACML deployments. Read more...

Technology

Axiomatics is a driving force in authorization technology. The company's dedicated research hub boasts many of the world's leading experts in XACML, the standard that powers attribute based access control (ABAC), while the Axiomatics CTO is the editor of the OASIS XACML 3.0 specification. Furthermore, Axiomatics was the first organization to attest complete XACML 3.0 speciication conformance.

ABAC

Attribute-Based Access Control (ABAC) surpasses all previous authorization models. It provides easily scalable, dynamic, context-aware and risk-intelligent access control, essential for the modern enterprise.

Solutions

Axiomatics solutions deliver anywhere, any-depth access control across virtually any and every IT environment. They enable secure sharing of information across and within organization's borders and boundaries and compliance with ever-evolving regulatory mandates, while promoting new business opportunities, reducing time-to-market and cutting IT development costs.

eXtensible Authorization

Axiomatics solutions bring together the benefits of standardization, through XACML, with the proven results of externalized authorization. This is more commonly known as eXtensible Authorization.