Soffid for Finance
In an industry facing growing fraud and compliance challenges, Soffid offers solutions to protect your data and optimise access management.
At Soffid, every conversation is the start of a solution tailored to your needs.
The challenges facing the financial sector and how Soffid is tackling them
The financial sector is currently battling fraud, the pressure to increase digital revenues, and the need to reduce operational costs. Soffid helps eliminate friction while ensuring compliance and protecting data against evolving threats.
Operational efficiency with lower costs
Challenge:
To optimise IT resources without compromising on security or compliance capabilities.
Soffid Solutions:
Automation of processes such as onboarding, offboarding, and recertification, reducing manual tasks and potential errors.
The challenges facing the financial sector and how Soffid is tackling them
The financial sector is currently battling fraud, the pressure to increase digital revenues, and the need to reduce operational costs. Soffid helps eliminate friction while ensuring compliance and protecting data against evolving threats.
Access management in complex and hybrid environments
Challenge:
Legacy systems, cloud solutions, and many other types of environments can hinder visibility and access control.
Soffid Solutions:
A unified IAM platform with flexible architecture that centralises identity and access management regardless of the type of environment.
The challenges facing the financial sector and how Soffid is tackling them
The financial sector is currently battling fraud, the pressure to increase digital revenues, and the need to reduce operational costs. Soffid helps eliminate friction while ensuring compliance and protecting data against evolving threats.
Reduce user friction without compromising on security
Challenge:
Deliver fast, efficient digital experiences without compromising on access control and security.
Soffid Soliutions:
Single sign-on (SSO), credential self-service, and role mining to ensure that only necessary permissions are granted, and operational delays are eliminated.
The challenges facing the financial sector and how Soffid is tackling them
The financial sector is currently battling fraud, the pressure to increase digital revenues, and the need to reduce operational costs. Soffid helps eliminate friction while ensuring compliance and protecting data against evolving threats.
Consistent and demanding regulatory compliance
Challenge:
Ongoing compliance with PCI DSS, ISO 27001, EBA Guidelines, and other local and international regulations.
Soffid Solutions:
Identity Governance (IGA) with advanced auditing, regular permissions reviews, full traceability, and automatic regulatory reporting.
The challenges facing the financial sector and how Soffid is tackling them
The financial sector is currently battling fraud, the pressure to increase digital revenues, and the need to reduce operational costs. Soffid helps eliminate friction while ensuring compliance and protecting data against evolving threats.
Reducing internal and external fraud
Challenge:
Financial institutions are a major target for sophisticated cyberattacks and privilege escalation fraud.
Soffid Solutions:
Privileged Access Control (PAM), multi-factor authentication, and immediate privilege removal when an employee leaves or changes roles.
Financial sector challenges and how Soffid addresses them
The financial sector faces the fight against fraud, pressure to increase digital revenue and the need to reduce operating costs. Soffid helps eliminate friction while ensuring regulatory compliance and protecting data against constantly evolving threats.
Immediate revocation of privileges when employees leave
Easy access reviews with recertification campaigns
Strong password policies and multi-factor authentication
Just-in-time permissions and timely service account credential rotation
Single sign-on across heterogeneous platforms
Self-service portal for password recovery
Role mining to build profiles based on existing permissions
Benefits of Soffid's identity and access management for financial services
Guide to security and compliance in financial services
Download our guide to learn how to protect your data and comply with financial sector regulations.
SOFFID Solutions
From secure access to intelligent identity analytics, Soffid offers a unified platform for every challenge. Discover the solutions that transform your cybersecurity and operational efficiency.
AM
Access Management
Control who gets access, when and how. Soffid centralises access to all your resources with strong authentication and a seamless user experience.
IGA
Identity Governance Administration
Automate the user lifecycle, assign roles and carry out recertifications with full traceability. Meet regulatory requirements and stay in control.
IRC
Identity Risk & Compliance
Assess, monitor and respond to identity-related threats. Aligned with GDPR, NIST and ISO for effective governance.
PAM
Privileged Access Management
Manage and protect your most critical access with just-in-time permissions, audited sessions and full control over privileges.
PM
Password manager
Generate, store and synchronise credentials securely and transparently.
Identity Analytics
Turn your identity data into decisions. Detect anomalies, improve governance and anticipate risks with advanced analytics.
ITDR
Identity Threat Detection and Response
Proactively detect and respond to threats in real time. Reduce security risks through advanced monitoring and preventive actions.
SSE
Enterprise Subscription Services
Expert guidance for the successful implementation of tailored solutions, optimising identity and access management in your organisation.
SCI
Consulting and Implementation Services
Expert guidance for the successful implementation of tailored solutions, optimising identity and access management in your organisation.
ENS High Level
(National Security Framework)
Awarded by the Spanish Ministry for Economic Affairs and Digital Transformation, this certification guarantees that Soffid protects digital assets with robust, effective and auditable measures.
This recognition is particularly valued in the public sector.
Common Criteria EAL2 + ALC CCL
The most demanding international standard for IT security products. Soffid obtained this certification in the identity management category, validating the robustness of its technical architecture, secure development and operational reliability.
Valid in more than 30 countries (CCRA).
Our certifications
Soffid solutions for other key sectors
Discover how Soffid adapts its solutions to protect and manage identities and access across different industries, with a focus on your needs.
Success stories with Soffid
Discover how companies have transformed their security and identity management with Soffid solutions. Explore the success stories that show how we can help you achieve your goals.
Frequently asked questions about Soffid for financial services
How does Soffid help reduce the risk of fraud?
Soffid revokes former employees’ privileges and applies multi-factor authentication to protect sensitive data.
Which tools support regulatory compliance?
Strong password policies, audits and regular access reviews.
How does Soffid improve productivity?
Through single sign-on, self-service and role mining for efficient management.
Request a personalised demo for financial services
Tell us about your needs and discover how Soffid can protect and optimise identity management in your organisation.