Securent has entered into a deal to provide its Entitlement Management Solution as the enterprise-wide entitlement management platform for the Ontario Teachers’ Pension Plan, one of the largest pension plans in Canada.
The Teachers’ pension plan is an independent corporation that administers pensions for more than 271,000 active and retired teachers, and is responsible for investing assets totaling C$106 billion.
With Securent’s technology, Teacher’s pension plan administrators now have more visibility and centralized control over fine-grained authorization and entitlement policies.
Securent’s Entitlement Management Solution (EMS) enables organizations to secure sensitive applications and data with ease and precision. The software is an XACML standard-based solution designed to create, enforce, review, and audit fine-grained access policies across heterogeneous application and IT environments distributed throughout the enterprise, all with centralized management and visibility.
The results of deploying Securent EMS, as evidenced in several Fortune 1000 company deployments, include improved security and compliance with regulations such as Sarbanes-Oxley, the PCI Data Security Standard, and Basel II.
The Ontario Teachers’ Pension Plan is one of many organizations to realize that externalizing entitlements from applications is not just smart from a security standpoint, but it also makes good business sense, said Carmen Parisi, Securent VP of sales. With Securent EMS, the pension plan will be able to manage and enforce policies in a more consistent manner that will help ensure that the organization remains in compliance with corporate policies and, more importantly, that their members’ private information remain secure.