-40 days
↑Transparency
↑Compliance
A leading fintech company (stock exchange) was faced with the challenge of improving inefficient and error-prone Identity & Access Management (IAM) processes. Manually managing access rights for over 600 employees and numerous external partners was leading to frustrating wait times and an alarming error rate of 15%. Onboarding times for new employees were particularly problematic, taking up to 40 days.
XALT therefore implemented "Advanced Access Management (XAAM)" for Jira, a comprehensive solution for automating and optimizing IAM processes. The system enables access rights to be assigned quickly through automated processes that ensure new employees can be productive from day one. XAAM covers various use cases:
XAAM has reduced the onboarding time from 40 days to just 1 day. Automated processes ensure that new employees have immediate access to all the necessary systems.
For temporary employees, such as freelancers in IT development who only work for the company for a limited period of time, XAAM ensures fast and precise assignment to the required systems and later automated removal of access rights.
The system makes it possible to efficiently manage and transfer temporary roles including their access rights for the time of the vacation replacement. The access rights are automatically adjusted after the specified time.
The implementation of XAAM led to significant improvements in the efficiency and security of IAM processes for our client in the highly regulated fintech sector. Key results include:
By working closely with XALT, our client was able to successfully overcome their IAM challenges. XAAM provides a scalable and secure solution that optimizes business operations while ensuring compliance with security standards. This success story demonstrates the importance of an automated and integrated IAM solution for modern organizations.
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