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News

Cloud Based Credential Management Strategy Launched

ActivIdentity : 20 January, 2010  (New Product)
ActivIdentity is launching a service based initiative to enable strong authentication for cloud based managed security service providers
ActivIdentity has announced a comprehensive strategy and technology roadmap to enable Managed Security Service Providers to deliver strong authentication and credential management services.

ActivIdentity's Cloud Computing services initiative enables Managed Security Service Providers to provide an alternative delivery method of infrastructure software to defend against security threats and identity fraud for a variety of vertical markets (eg banking and financial services industry, state and local government). In times of economic hardship and widening information technology skills gap, a subscription-based delivery model is better suited to address the cost pressures of already resource-strapped organizations.

The recent acquisition of CoreStreet solidifies ActivIdentity's Cloud Computing strategy, as the new subsidiary has existing partnerships with General Dynamics and other service providers that leverage CoreStreet's identity validation product portfolio to deliver managed security services on a subscription basis. New partnering arrangements with other Managed Security Service Providers are expected to follow soon.

"As an element of our long term strategic plan previously outlined, ActivIdentity's go-to-market strategy brings forward a new set of Managed Service Providers, enabling them to create, manage, and authenticate digital identities in the cloud," said Grant Evans, chairman and chief executive officer of ActivIdentity. "Our Cloud Computing strategy was inspired by feedback from our customers and service providers indicating a growing desire to move from security solutions to security services. We are not only empowering service providers with this strategy, but the subscription-based pricing model offers our shareholders a more predictable financial business model."

ActivIdentity has extensive experience in helping managed security service providers build credential management Cloud Computing solutions. As an example, EDS (an HP Company) leveraged ActivIdentity ActivID Card Management System to deliver a Cloud Computing service to the US General Services Administration (GSA) Managed Service Office. The managed services provide US Federal government agencies with HSPD-12 compliant identity management and credentialing solutions that provide end-to-end services to enroll applicants, issue credentials, and provide life cycle management.
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