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Central Bank of Kuwait implements Secure Identity Management Solution from Al-Faris Information Technologies to deliver e-Provisioning
- Kuwait: Saturday, May 31 - 2003 at 14:04
- PRESS RELEASE
Al-Faris Information Technologies Company (Al-Faris), the leading e-Business Innovator in the Middle East, today announced the Central Bank of Kuwait (CBK) has signed an agreement to implemented Al-Faris Secure Identity Management (SIM) solution for banking, making the CBK one of the Middle East first organization to adopt a purely Web-based environment to ensure the authenticity, authorization, integrity and privacy of CBK's business data communications and address the information and resource needs of its burgeoning user population.
This makes staff productive right from the start, reduces data errors throughout the CBK system, enhances resource security, and lowers the cost of administering the CBK's overall technology infrastructure.
The CBK faces the arduous task of managing numerous user identities and passwords across multiple systems, all in an environment with significant turnover of those individuals - the users - who most need access to the network's resources. Historically, the CBK deployed a manual process to create user IDs for key systems. The process, which was complex, labor intensive, time consuming and costly. The CBK wanted an identity management solution that would automate new account creation and updates and enable single sign-on for users across its existing banking systems and Intranet users.
Al-Faris® Meets the Challenge
The CBK turned to Al-Faris® and its global partners to implement the identity management solution, becoming in the process the nation's first regional Central Bank to adopt a purely Web-based environment. The initial phase of the project, focused on identity provisioning the synchronization of identity information in four key systems; The unique strengths of eDirectory make it the only directory service capable of managing user identities across both internal networks and the Internet.
Tapping Novell's proven eDirectory capabilities was a critical criterion for CBK. "Having experienced Novell's reliability, scalability and security, we selected eDirectory over any alternate solution," said Hana Razzouqi, Senior Manager for Information Technology. "We turned to Al-Faris® and its partner because we knew they could deliver the comprehensive identity management solution we were looking for."
The identity provisioning phase will make it easier to get new staff up and running quickly. For new hires, the system automatically and immediately creates an ID in HR system, Novell's DirXML® technology then triggers updates to generate a user account, and provides access to the network. Based on the staff's pre-defined policies and rules outlined in the System, they are also granted access to view the information in the back-end application. Ensuring that the CBK network resources are protected, the solution immediately revokes access across all systems when a staff's application is turned down or voluntarily withdrawn.
"Al-Faris® secure identity management solution illustrates the power of directories in helping gain control of large, complex, fluid environments like those found in banking," said Haitham Al-Faris, President and CEO at Al-Faris®. "The success at CBK, which has high security standards, shows how organizations can leverage our SIM solutions to get more out of their existing systems, automating processes that reduce mistakes and lower the costs of redundant processes, making for happier staff and lower administration costs."
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Notes and media contacts
For additional information on Al-Faris® secure identity management solutions, please visit http://www.al-faris.comAbout Central Bank of Kuwait
The Central Bank of Kuwait (CBK) was established in 1969 with a mission to lay the foundations and maintain a flexible and stable monetary financial system in the State of Kuwait.
CBK objectives include:
•Issue the Kuwaiti Dinar on behalf of the State of Kuwait.
•Direct credit policy to assist social and economic progress.
•Assist the growth of the national income.
•Control the banking system in the country.
CBK also acts as a banker and financial advisor to the government, while representatives from both the public and private sectors make up the Board of Directors. For more information on CBK, please visit http://www.cbk.gov.kw
About Al-Faris Al-Faris Information Technologies Co. (Al-Faris®), founded in July 1988, is a Kuwaiti Shareholding Company (Closed), located in Kuwait City, State of Kuwait and Regional Branch in Manama, Kingdom of Bahrain. Al Faris® is the leader in Delivering Innovative eBusiness Solutions for growing enterprises. Al Faris® build scalable and innovative eBusiness solutions that are based on "best of breed" technology with superior service that create massive economic results to the clients. Al Faris® provides innovated open and flexible solutions of relationship management, electronic commerce and application hosting to corporate business so they can capitalize on the Internet technologies to transform the way they support their customers, develop their markets, and build their business and stay competitive. For more information about Al-Faris®, please visit http://www.al-faris.com.
Press Contact
PR/Communication Manager
Al-Faris Information Technologies Co. KSCC
Tel: +965 240 8 240
Fax: +965 242 7 209
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