This model ties together various aspects of identity and access management into a single integrated and highly configurable framework.
By integrating and abstracting critical authentication and authorization processes and operating at an abstraction layer above individual IAM components and vendors, technical and practical overhead diminish or even disappear.Navigating the IAM maze starts with recognizing that these systems encompass many tasks. These center on the six A's: authentication, access control, authorization, attributes, auditing and administration.
Yet it’s also more difficult to make essential changes, as they’re needed. As a result, roles, privileges, authorizations, sourcing attributes, auditing processes and numerous other tasks are complex… and fragile. Any change affects—and sometimes breaks—the entire stack. Converged IAM makes this happen. For example, a major bank in the U.S., recognizing the importance of thoroughly vetting and authenticating new online customers, dialed up its identity onboarding processes in a big way .
After successful identity verification , the bank issues the customer a verifiable credential. The customer then downloads an application from an app store and, using a QR code, completes the new bank account enrollment process. All the heavy lifting occurs behind the scenes through intelligent, integrated automation. There’s near-zero friction for the customer or the bank. Most importantly, the authentication process is highly secure.
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