compliance and security for financial operations and security for financial operations your...
TRANSCRIPT
www.thalesgroup.com
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www.thalesgroup.com/security-services
Compliance and Security for Financial Operations
Your Benchmark for Critical Information Systems
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Sure-footed financial services for treacherous times
Evolving Challenges
Whether they are still on the ascent or have already reached the
peak, financial services firms of all sizes now face an increasingly
complex array of challenges. They are required by governments,
clients and investors to constantly improve operational efficiency
while complying with a broad assortment of regulations. Addition-
ally, security of financial mechanisms is considered fundamental
and world-class solutions are necessary. These imperatives natu-
rally conflict, as increasing reporting and security can prove costly
and adversely affect operations. That is why it is essential that
firms build their critical information systems with a partner who
understands their business and who is able to leverage technolo-
gies for compliant growth.
Responsive Solutions
As a global leader in transmitting, storing and securing critical
data, Thales offers a suite of solutions—used and recommended
by the world’s largest financial services firms and governments—
to meet current challenges and anticipate future responsibilities.
Thales Risk Management and Regulatory Compliance services
rely on proven consulting practises and deep knowledge of best-
of-breed tools. Our Operational Efficiency offering helps clients
optimise business processes and ensure that the most critical
systems provide necessary service levels. Our expertise in Secu-
rity & Safety addresses all critical concerns along the data life
cycle, including world-class authentication management, continu-
ous transaction flows and long-term traceability.
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Managing Risk & Complying with Regulations
The exponential growth of compliance requirements will result in the need to process
great volumes of heterogeneous data from diverse systems while maintaining
auditability and proper levels of control. With Thales you can formulate and integrate
consulting recommendations in accordance with security and IT systems capabilities.
RISk EvaluaTIOn
Given the extensive requirements
imposed by current regulations,
companies are wise to employ
expert consultants who have
thorough knowledge of current
standards and solutions.
Thales is a trusted advisor
on financial and operational
risks and reporting to such
clients as Banque AGF and
Société Générale. We are thus
familiar with major and minor
governance, risk and compliance
requirements. Thales seamlessly
integrates knowledge of legal
regulations with financial
information technology practises,
business intelligent software,
and legal reporting applications.
This synthesis saves time,
ensures proper end-to-end
compliance and most importantly
provides decision makers with
real information.
BuSInESS pROCESS COnSulTIng
Automation and the smoothing
of compliance tasks significantly
impact the consistency and
efficiency of legacy operations.
Thales assists with the
implementation of new workflow
and collaboration tools in the
context of openly-distributed
services architectures. Thales
is a leader in transforming and
simplifying both off-the-shelf
and open-source IT systems
to allow easier reporting and
faster returns on investment.
Our programmers are the best
when it comes to integrating
complex transactional systems
with security and customer
constraints as they capitalise on
a wide spectrum
of competencies for both
advanced technologies and
business practises.
anTI-MOnEy laundERIng SOluTIOnS
With banks and insurance
companies now required to
meet equal standards of fraud
detection, it is vital that financial
organizations coordinate the
variety of software applications
necessary to triangulate such
fraud. Thales is intimately
familiar with the extensive array
of applications necessary to
track and consolidate customer
activity to meet regulatory
output requirements. Our
experience with large projects
for such clients as Natixis has
required detailed implementation
of such enterprise-level software
as Actimize, Norkom and
SearchSpace, guaranteeing
that we will assist in a seamless
integration of any vendor solution
in any demanding context.
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Complying with Basel II standards at Crédit Agricole SAThales’ leading reputation in risk analysis consult-
ing made us the natural choice for Credit Agricole
SA when they sought assistance on compliance
with the Basel II standards. Drawing on an inti-
mate understanding of the structural changes
required, Thales smoothed the implementation of
systems that manage credit risk, while conform-
ing to the Standardisation Plan of the French
National Banking Commission. Involved at multiple
stages of the implementation process, our team
guided the installation of risk analysis software,
calibrated the ratings system for corporate credit
risk and standardised methods of publishing glo-
bal revenues. Thales was also pivotal in setting
up a national risk monitoring system for Caisses
Régionales and in evolving the bank’s manage-
ment practices through presentations on legal
concepts and training of internal teams.
FInanCIal COnSOlIdaTIOn
The global consolidation
of banking and financial
institutions has resulted in
a massive challenge to apply
leading enterprise-scale
applications for budgeting and
forecasting to old and diverse
systems. Thales financial
consolidation helps financial
institutions bring systems
together to provide holistic
reporting and lower costs. Our
extensive global experience in
this area includes hosting and
integration of numerous legacy
systems with the latest in
financial consolidation software.
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Financial services companies
are held to extremely high quality
standards because of the costs
related to systems failures.
Furthermore, customers insist
on having a partner they can
trust to be alert, responsive and
supportive every day with every
transaction. Thales works with
clients to optimise and maintain
the most critical systems at
peak efficiency and ensure that
transactions remain fast
and secure, achieving minimum
down times and maximum levels
of customer satisfaction.
IT OuTSOuRCIng & REMOTE ManagEMEnT
Thales provides compliant
and operational management
services to businesses
of all sizes. Thales respects
the highest compliance and
operational requirements of
both in-house and remote
systems and processes
management. Our IT Outsourcing
service provides hosting
infrastructure, and application
management tools that enable
us to take full ownership of
your IT infrastructure. Based
on its management of major
outsourcing programs, Thales
offers built-in Business Continuity
and Disaster Recovery Plans
in conjunction with a set of
Managed Security Services,
offering the highest quality
service with optimised cost
structures.
pROCESS OpTIMISaTIOn
Due to the priority given to
business expansion, successful
organizations often reach
the point where they manage
incompatible or redundant
applications, requiring employees
to do manual tasks. This
results in increased error
rates, inconsistent execution,
inefficiency and additional stress.
Thales assists businesses
in process optimisation by
linking, merging and organizing
key systems. Our system
consultants have helped such
clients as Crédit Agricole and
Crédit Foncier to rationalise
interactions between systems
and people, introducing solutions
to limit risks and increase
robustness.
Boosting Operational Efficiency
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applICaTIOn MaInTEnanCE
In banking as in such critical
applications as aerospace and
defence, proper maintenance
is vital throughout applications’
life cycles. We at Thales have
advanced knowledge of banking
applications and systems,
enabling us to offer extra value
in comparison with standard
application maintenance
services. We benefit from strong
service centres that specialise
in business applications and can
rapidly handle complex problems
and support the final users. Our
problem solving has aided such
clients as Caja Madrid, Dexia and
BBVA, among many others.
SECuRE TRanSaCTIOnal plaTFORMS
Financial institutions need
high load and high security
systems to manage relations
and transactions with their
customers and partners.
Our solutions meet the
most stringent performance
standards. Our consultants
understand all security-related
applications, including real-
time market information and
transactions. As a provider
of security equipment for
financial networks, Thales
provides solutions for real-
time interactions requiring
authentication, certification,
signature, time-stamping,
validation and archiving. We
provide hardware security for
credit and debit payments and
build massive transactional
portals for Internet banking
and national tax systems.
CORE BankIng IMplEMEnTaTIOn
Our familiarity and expertise
with all major enterprise-level
hardware and software solutions
enable us to help clients take a
phased strategic approach to
improving operations, yielding
a reduction in costs and paving
the way for future growth.
Thales can be your partner
in integrating trusted vendor
applications for such core
enterprise functionalities as
loans, deposits and customer
records, as well as more
complex functions as derivatives
and trade finance.
Al Rajhi Bank’s Electronic SolutionAs one of the leading banks in Saudi Arabia and the region, Al Rajhi Bank operates in multiple segments and continues to grow through diversification of income resources, including development of its investment and corporate banking sectors in addition to its strong retail banking base. Al Rajhi Bank has partnered with Thales as it continues to focus on the latest electronic services and investment products and offer its clients innovative banking and investment products. The Thales solution for Al Rajhi Bank includes electronic banking applications for both personal and corporate customers, including scalable electronic security and administra-tion modules deployed in high availability environments to support the continuing increase in demand for the bank’s services.
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Enhancing Security & Safety
Storing and securing data is not merely a business necessity,
but an ongoing battle against archaic systems, unpredicted failures
and skilled thieves. Thales secures clients against breaches,
guaranteeing that you will have critical support when it’s most needed.
SECuRIng payMEnTS
Thales is the undisputed
worldwide market leader in
encrypting card transactions,
protecting 70% of the world’s
card transactions and with more
than 25 years’ experience. Clients
include most of the banking
community and the international
card schemes. Our truly global
expertise, professional service
and support ensure that through
a combination of Hardware
Security Modules, network
security, identity security and
storage security a company’s
transactions remain secure
at all times.
BuSInESS COnTInuITy pROgRaM
As discovered by clients such
as Crédit Agricole and Dexia,
Thales has extensive expertise in
creating bespoke plans to keep
your business running smoothly
in the face
of catastrophic interruptions.
Our Business Continuity Planning
and Disaster Recovery Planning
services are specific to your
workflow, with our consultants
specifying solutions based
on the precise nature of your
operations.
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Keeping VISA Secure VISA, manager of the world’s largest and most sophisticated pay-
ment processing system, turns to Thales to understand new secu-
rity technologies. Our high-performance infrastructure supports
the authentication and security of VISA-based transactions globally.
Using the Thales family of Hardware Security Module (HSM) prod-
ucts helps VISA keep its place as the world’s leading supplier of
card-based services by securing against and preparing for existing
and emerging threats. Our long-term relationship ensures VISA’s
credibility with its customers based on world leading cryptographic
security.
gOvERnMEnT lEvEl auThEnTICaTIOn
Thales applies top level security
and convenience to the daily
workflow of businesses of all
sizes. Our systems support
government-level authentication,
including the integration of
physical tokens, USB plug-ins and
biometrics, allowing for logical
and physical identification while
granting extreme ease of access
to the proper individuals by
allowing for Single Sign On (SSO)
compatibility.
SECuREd ElECTROnIC STORagE
The digitalisation of documents
and processes has led to
increased volumes of stored
data. Financial institutions must
ensure the access and security
of the data over variable periods
of time depending on legal
and operational requirements.
Thales is an expert in the
specification and hosting of
the systems needed to store
highly critical data. Thales
brings its experience with large
governmental programs to the
building of business-oriented
archiving systems. We
guarantee that data access
is tightly managed for users,
including auditing and control
organisations, to persevere in
the avoidance of data theft.
ManagEd SECuRITy SERvICES
Security is by definition
a sensitive issue that must
be managed by experts. At
Thales, we benefit from a strong
outsourcing track record, and
from top-level security experts
who can provide critical services
and supervision during a crisis.
Our consultants operate
disaster recovery plans for large
organisations, enabling them
to face major disruptions, and
work with clients to anticipate
intrusions and leakages. We are
experts in the quick retrieval and
reinstatement of vital information
using encryption, back-up and
recovery mechanisms, and offer
seamless and cost-effective
services.
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Thales, a partner you know you can rely on
Information moves fast. We move faster.
We live and work in an age of increasing complexity. The demands
of providing global transactional infrastructure are complex, varied
and expensive to achieve. Financial services firms are at risk of low
frequency but high severity attacks from digital predators eager to
exploit weaknesses, while they are simultaneously held responsible
for high frequency requests for reports from regulators. Thales
knows the challenges. Our familiarity with global threats and ever-
changing regulatory and customer requirements allows us to help
clients operate world-class technological infrastructures, thereby
ensuring security and improving profitability.
With Thales, you won’t walk alone.
Our clients are our business partners. Working with Thales
gives you access to an accepted global standard in transaction
and security management. Not only are our bespoke solutions
informed by an intimate knowledge of all major hardware and
software solutions, our deep client relationships with many of
the world’s leading financial institutions guarantees we are able
to build and operate financial systems. Our pattern recognition
makes us more efficient, which means we can help you to be more
efficient. Like your data and relationships, Thales is never at rest,
trekking forward to forge a path so that our clients can continue
their journeys easily, safely and profitably.
70% worldwide card transactions secured by Thales
More than 40 years of experience
More than 1,000 specialists dedicated to cyber security and financial environments
Up to 99.99% availability guaranteed for products and services provision
Experience with more thanmore than 3,000 financial institutions worldwide
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With operations in 50 countries and �8,000 employees, Thales is a global tech-
nology leader for the aerospace, space, defence, and security markets (Finance
& Industry, Critical Infrastructure, Urban Safety and Transportation). Building on
proven capabilities in large-scale software systems, Thales is stepping up to the
security challenges of its customers in an increasingly interconnected, technology-
driven world. Civil and military systems benefit from many of the same technologies
and innovations. Developing these dual technologies has been a long tradition for
Thales, with its global network of 25,000 high-level researchers and engineers.
Leveraging a global presence and spanning the entire value chain, from prime con-
tracting to equipment, Thales plays a pivotal role in making the world a safer place.
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20
5A
-012
010
A
ww
w.a
d-n
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com
P
hoto
s: T
hale
s, G
ett
y Im
ages
www.thalesgroup.com/security-services [email protected]
ThalesSecurity Solutions & Services
20 rue Grange Dame Rose78141 Velizy-Villacoublay Cedex, France
Tel: +33 (0)1 73 32 00 00
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