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Fintech

Fintech

Enhancing fintech operations with integrated identity and endpoint security solutions

Solution-background
Solution overview

In the competitive FinTech sector, a Software-as-a- Service (SaaS) provider faced significant challenges in managing and securing digital identities and devices across their sprawling operations. With the growing sophistication of cyber threats, the existing identity and access management (IAM) system, coupled with the device management infrastructure, fell shortin providing the comprehensive security and seamless integration required for a modern enterprise.T

he primary goal was to implement an IAM framework that could effortlessly integrate with the company's extensive cloud services, offering dynamic conditional access and an advanced level of threat protection.

Quadra-at-work
Quadra at work

Quadra's team embarked on a journey with the customer to transform their security posture. We engaged in deep-dive sessions to fully understand the existing security framework and pinpoint areas that required enhancement. After demonstrating the potential of an integrated suite of modern workplace solutions through a detailed proof of concept, a roadmap was charted for a comprehensive overhaul of the customer's IAM and device management systems. The strategy involved transitioning to a cloud-based identity and access management service renowned for its robust integration capabilities, superior user authentication processes, and advanced security features. A cloud-based. unified endpoint management service was selected to replace the existing device management system. Additionally, an enterprise-grade endpoint detection and response (EDR) platform was introduced to reinforce the company's defenses against the latest cyber threats.

Business-benefits
Business benefits realized

The implementation of the new IAM system provided our customer with a streamlined approach to user management and a fortified authentication process, delivering a secure and unified identity management experience across the company's vast cloud applications. The transition to single sign-on across multiple cloud platforms not only simplified user access but also enhanced productivity and user satisfaction.

The incorporation of just-in-time privileged access to sensitive resources further strengthened security measures, ensuring a more secure and controlled access strategy. The shift from the existing device management solution to a cloud-based unified endpoint management service led to significant improvements in operational efficiency, reducing the time and resources spent on deployment, management, and maintenance of devices. The adoption of the EDR platform enhanced the company's cybersecurity defenses, improving threat detection and response times. This proactive security stance was essential in safeguarding the company's reputation as a reliable FinTech service provider.

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