Post By Martin 1 Comment
October 2007 29

Single sign-on is the way forward

http://www.finextra.com/fullstory.asp?id=17644

US banking group Wachovia has introduced a single sign-on capability for its online global treasury management portal, Wachovia Connection, eradicating multiple silos in favour of a common front-end entry point for corporate clients.

The log-in system eliminates the need for multiple IDs and passwords and provides a single entry point for online wholesale services, including cash management, trade services and currency risk management products.

“Integrated access to the spectrum of Wachovia’s online services helps clients better understand and manage the interrelationships that drive financial performance,” says Laurence Leinbach, senior vice president of Wachovia’s treasury services division. “Single access with an all encompassing, common online experience helps our clients optimise value.”

Single sign-on can be a great way of securing your applications independent of the platform and is also a great way of unifying the user experience, that by signing on with their credentials that authenticates me to the main application and its subsidiary components, provides the authentication and compliance issues whilst still enabling the users to use the system. It can also help reduce the cost of maintaining those cross platform solutions where you might have one management server for one set of infrastructure and one management server for another, having one single sign-on solution for all your systems, very cool.

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One Comment

  1. Brian Denicola says:
    October 31, 2007 at 3:19 am

    This isn’t anything new. I use to work for ABN Amro and we had a product for corporate clients called Cashproweb (http://www.cashproweb.com) that had single sign-on for corporate clients for all of their cash management needs.

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