Solutions Middle East stresses concerns on security processes in finance and banking

The forum that was attended largely by the banking and financial fraternity were outlined with the security and regulatory processes relating to access and exchange of information for users and clients in the fiscal sectors. Financial services organizations today, face challenges like desire for quality service, cost control and need for regulatory compliance. As a result, these organizations are under pressure to improve internal workflow processes, deliver financial information quicker and enhance communication efficiency - all while reducing costs and safeguarding information security.

One of the biggest security weaknesses in IT networks is poor password selection and management. Infrequent password changes as well as simple passwords comprising of easy-to-guess phrases, names or words risk banking and financial operations' network and access security. "The solution, provided specifically by Citrix", according to Nick Black, "explored the MetaFrame Password Manager on password security and single sign-on access to windows, web-proprietary and host based applications running in the Citrix MetaFrame Access Environment or on a variety of local clients."

Heightened regulatory concerns which compel these institutions to exchange information with clients, regulators and business partners was also presented. Captaris Business Information Delivery Solutions integrated with key financial applications and other business systems to automate expensive and time-consuming business processes with enterprise fax, e-document delivery and workflow offerings were presented by Mathew Thomas, Product Manager for Captaris RightFax, Solutions middle east. These financial services solutions, that has enabled organizations to securely exchange, manage and process their business communications captured keen interest amongst the delegates.