1CE

1ce Solution in Banking & Finance

With the advent of FinTech, Cryptocurrency, boundary-less customers, multiple banking interactions, a convergence of products of insurance, loans, payment gateways, acquisition customers and straight-through processing securing identities is critical and one of the highest risks requiring a next-generation identity management solution.

1ce provides a single portal for secure identity creation, user provisioning, de-provisioning, SSO into all back-end applications, exposure limited access, and end-to-end identity cycle management and access control. It caters to all business models, 1OU, multiple OU.

Possible uses of 1ce

A simple use of an ATM machine to withdraw cash within the same bank involves:

availability of ATM machine as a hardware, including power supply and work of mechanical and electronic elements of ATM;
availability of ATM machine as a software to interact with a customer, including input of the requested amount and PIN validation;
availability of cash in ATM;
availability of ATM management application to route requests;
availability of network to deliver authorisation request from ATM to the bank and response from the bank to ATM;
availability of a card management system or a module to check the status of a debit card involved in the transaction;
availability of a core banking system to respond to the authorisation request and the requested debit amount from the account;
not to forget proper conditions in the data centres, availability of IT hardware, performance of OS, database, general purpose software and applications, such as firewall, backups and many other elements of payment and IT infrastructure.

Proven Benefits

to collect and store performance and availability information from all hardware and software elements used in the financial industry;
to process millions of checks per minute, considering very complex dependencies between different elements of infrastructure;
to work with distributed architecture, including remote offices, branches, ATM;
to analyse user experience 24 hours a day, 365 days per year;
to report and notify specific people within departments about any issues or malfunctions.