BT has outlined plans for a cloud-based secure identity management system for financial services firms using Hitachi Europe's biometric technology.
Tom Regent, President, Global Banking & Financial Markets and Sales & Marketing, BT Global Services said, "Greater security for storing and accessing customer information and transacting with business partners is becoming an increasingly prevalent regulatory requirement for the financial industry. And so, it was clear that a new approach was needed for identity management, one that employed new methods and new technology. That is why we have been working closely with the financial services community to extend our award-winning BT Unified Trading solution, by adding federated identity management to the rich collaboration and compliance capabilities."
Akira Shimizu, MD, Hitachi Europe said, "Our Finger Vein Authentication Engine and technology adds a new dimension to the BT Unified Trading federation offer. It provides assurance over the identity of those accessing privileged information and makes the connection between the individual and the credentials they hold."
