Minimize risk and ensure Regulatory Compliance

Use case: Earning trust from large,
sophisticated enterprise organizations

Axiomatics has had the privilege of partnering with some of the largest, most sophisticated organizations in the world to deliver on complex authorization requirements.

Whether it was an authorization solution to serve millions of customers in a banking portal or protect sensitive aerospace and defense information, Axiomatics has committed to making enterprises successful. The table below outlines some sample experiences and use cases that Axiomatics has delivered to earn the trust of its customers, specifically in the financial services industry.

Use case	Online Payment Authorization	Delegation	Releationship Management	Anonamlus Behavior Detection and Response
Before Axiomatics (Challenge)	Payment service provider wanted to reduce operational cost of transaction and address their audit concerns.	A large national bank was unable to use their IGA role-based systems to manage the delegation of permissions for special cases.	European bank needed to comply with regulations that oversaw the prevention of “conflicts of interest” cause by existing relationship between employees and their families. The relationship associated with the employee will determine whether they can access the financial data of a customer regardless of their role with the bank.	To fight against fraudulent behaviors, a national bank wants to be able to detect fraudulent instances and terminate accesses when it occurs.
With Axiomatics (Result)	Axiomatics secures the web services and APIs used in the payment application. Approvals can be automatically made, if predetermined conditions are met, which increases speed of transactions. Audit preparation is simplified since policies and decisions are managed centrally and external to the applications.	Axiomatics extends the roles used in existing business processes with a “delegation” attribute that defines who the authority is delegated to. Team members can grant permissions for specific purposes while still upholding businesses and regulatory policies regarding customer data. Improved customer satisfaction and higher flexibility. Delegation can be time-bound, removed, or passed via caretakers.	Axiomatics helped the bank model policies in line with the bank’s organizational policy and enforce compliance rules. Customer financial data is only accessed by tellers without a relationship with a customer. The bank can demonstrate compliance for auditing purposes.	Axiomatics triggers a denial of access when certain conditions are met Financial losses associated with fraud and misuse reduced. Detection of excessive access to customer accounts, which refuse further access when threshold is reached.