Extending online services using XML and Web 2.0

Banks are adopting XML and Services Oriented Architecture to strengthen communication through their direct and indirect market channels. By implementing XML and SOA, banks and their channel intermediaries are able to save on overall administration costs, and accelerate the rollout of new products.

Regulatory pressures require organizations to protect the integrity, privacy and security of critical information. Whether driven by such regulations as Basel 2, Sarbanes-Oxley, or Gramm-Leach-Bliley, failure to comply with the requirements to log transactions can lead to loss of customer and shareholder confidence and in some cases, criminal prosecution.

Operating in a highly regulated environment, banks also need to implement a security management framework to protect user information and deliver an audit trail for all transactions within the SOA. This requires a solution to encrypt private information at field level and enforce access control to ensure that only authorized users are permitted access sensitive data.

Vordel Solution

Vordel's products enable Vordel's banking customers to use XML with confidence.

By providing the vital hardware and software infrastructure essential to control the XML-based communications, Vordel enforces corporate policies at the network perimeter combined with full SOA-wide governance inside the network.

Key capabilities delivered by Vordel's products include: -

Comply with Data Privacy Protection
Encrypt XML at the field level, allowing enterprises to conform with data privacy regulation.

Logging and Archiving
Vordel's products sign and log XML data.

Web Service Auditing
Rich message archive with full search and discovery capabilities for wide range of compliance attributes. These include certificate validation, unauthorized message amendments, keywords, and user identity.

Control Access to sensitive information
Vordel's certified support for all leading access management platforms ensures that only authorized users are permitted access to sensitive information such as banking records..

Certified Support for Digital Certificate Management Systems - Integrated, certified support for all leading digital certificate management solutions including CA, Entrust, RSA and VeriSign enables organizations to validate all transactions against existing user ID silos.