Financial Services & Insurance

Business Challenges

Security breaches are increasingly being targeted at financial and insurance services organizations due to the high value of the data residing on their networks. Customer and regulatory demands are high are high in these industries along with challenging demands from their customers. New products and services, 24 x 7 availability and mobile access, add to the complexity of network security and the associated regulatory compliance requirements. Security breaches have opened up these same organizations to exposure in their compliance management, and the potential for fines and even legal action. These breaches can also have material impacts on personal,  business and brand reputation. And they have had negative and lasting impacts on customer loyalty, and overall profitability.

 

AccelOps for Financial Services & Insurance

 

Details and Benefits

Maintaining customer loyalty and acquiring customers requires focus on products and service development while ensuring quality and availability of existing services.

AccelOps’ analytics-driven IT Operations and Cloud Management platform for cloud and virtualized infrastructures manages security, performance and availability monitoring through a single of pane glass. AccelOps has helped financial services and insurance customers with a single, software platform to monitor security (SIEM), performance and availability of IT infrastructure and applications– working across traditional data centers, private and public clouds.   

AccelOps provides the most automated compliance reports out of the box, including PCI DSS, SOX, GLBA and COBIT.

Areas where AccelOps provides immediate impact:

  • Scaled operational visibility
  • Business service monitoring
  • Secure and available transactions
  • Identity and location of transactions from named places
  • Ability for customers to self-monitor insurance services
  • Automated compliance controls
  • Security management
  • Device and network availability monitoring




Resources

When choosing AccelOps, Vantage West Credit Union “couldn’t find anything else that competed,” said Stefan Harris, vice president of technology. “AccelOps will make our annual formal audits much easier. We no longer will have to manually review multiple logs for anomalies. Using AccelOps, all of that will be automated, making our audit reviews much easier.”

“AccelOps gives us more insight into what’s happening in our environment,” said Geoff Caras, CIO/VP of Bay Federal Credit Union. “Being able to visualize our information and manage our configurations and syslogs all in one place is a big efficiency gain.”

California Casualty, which provides auto and home insurance to educators, firefighters, law enforcement and nurses across the country, leverages AccelOps’ unified, service-oriented approach to data center monitoring, for broader insight, enabling staff to make operational decisions with greater clarity, efficiency and teamwork.

Denali Alaskan Federal Credit Union enjoyed the ease of implementation and administration of AccelOps. The company was able to scale immediately for security, and the virtual appliance package combined with log management, SIEM, flow analysis, configuration and performance monitoring provided employees with distinct competitive advantages.

 

Select Financial Services & Insurance Customers Who Have Implemented AccelOps

Assurance

Assurance is the second largest independent insurance brokerage in Illinois and was recently named the 23rd largest independent insurance agency in the country.

Denali Alaskan Federal Credit Union

Denali Alaskan Federal Credit Union is a federally chartered financial institution serving more than 58,000 Alaskans and former Alaskans.

Vantage West Credit Union

Vantage West Credit Union is Southern Arizona’s largest, with $1.2 billion in assets. The credit union has 15 branches in three counties.