GLBA News

Ontario Teachers' Pension Plan Selects Securent for its Enterprise-Wide Entitlement Management Platform

(April 23, 2007)-- Securent  announced that the Ontario Teachers' Pension Plan (Teachers'), one of the largest pension plans in Canada, has selected Securent's Entitlement Management Solution (EMS) to serve as its entitlement management platform.

The Teachers' pension plan is an independent corporation that administers pensions for more than 271,000 active and retired teachers, and is responsible for investing assets totaling $106 billion (CAD). Now with Securent, Teacher's pension plan administrators have more visibility and centralized control over fine-grained authorization and entitlement policies.

Securent EMS enables organizations to secure sensitive applications and data with ease and precision. For the first time, organizations can benefit from a proven XACML standard-based solution to create, enforce, review, and audit fine-grained access policies across heterogeneous application and IT environments distributed throughout the enterprise, all with centralized management and visibility. Securent provides a more scalable and cost- effective alternative to custom coding of fine-grained access controls into applications. Loosely coupling entitlements with application services, Securent EMS is also a key infrastructure service in an effective SOA deployment. The results, as seen in Fortune 1000 deployments, include improved security and compliance with regulations such as Sarbanes-Oxley (SOX), the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry (PCI) Data Security Standard, the Gramm-Leach-Bliley Act (GLBA), Basel Capital Accord (Basel II), and the National Association of Securities Dealers Rule 2711 (NASD 2711).

The Teacher's pension plan follows stringent internal compliance requirements. It knew that writing and embedding entitlements into individual applications would be costly and difficult to manage. In addition, reviewing and checking access was proving to be a time-consuming endeavor that required the pension plan to reallocate precious IT resources. Without a uniform mechanism to control access, Teachers' pension plan could encounter increased risk and vulnerability.

Teachers' pension plan defined several criteria during the process of selecting an entitlement management solution, including the requirement that the solution be based on open-standards to ensure that it could easily integrate into its heterogeneous infrastructure. With many of its applications running as web services, Teachers' pension plan also required that its entitlement management solution operate seamlessly in a distributed, service-oriented architecture.

Following a rigorous evaluation process, Teachers' pension plan selected Securent EMS due to Securent's proven breadth of functionality, ease of use and integration, small footprint, performance and scalability, product extensibility, and support for open industry standards including XACML. To gain the necessary level of control over their application environment, Teachers' pension plan is deploying Securent EMS across dozens of business- critical components that power its Member Services portfolio.

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