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SEI selects Tripwire Enterprise for online banking compliance

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SEI, a provider of outsourced asset management, investment processing and investment operations solutions, has implemented Tripwire Enterprise to achieve and maintain compliance with various regulations governing security in online banking.

Financial organisations require tools that deliver protection against possible security intrusions and help meet the ever-growing number of regulatory standards designed to protect data shared online.

Tripwire Enterprise evaluates changes made to IT systems to ensure they are both authorised and in compliance with these standards, enabling SEI to reinforce data centre processes and help ensure the safety of customer financial data.

"SEI conducts wealth management and private banking business in 12 countries, making transactions in 27 currencies and trading on 53 exchanges. Investment in risk management is of utmost importance to the security of our online banking systems," says Corey Moscoe, chief information security officer, SEI. "With Tripwire Enterprise, we have a single and reportable source with which to ensure not only compliance with our own security policies, but also to meet the intent of online banking regulations."

Tripwire Enterprise incorporates policy templates that assess relevant configurations across physical and virtual infrastructures, alerting administrators to settings that are out of line with compliance requirements.

Once configurations have been adjusted Tripwire Enterprise’s file integrity monitoring ensures systems remain in compliance, with automatic alerts flagging suspect change activity and built-in remediation guidance to assist in the rapid repair of out-of-compliance settings.

Tripwire Enterprise also automatically stores test results histories, providing an audit trail that can easily be generated as reports in preparation for the auditing process.

"As the financial industry faces more regulation, Tripwire is uniquely suited to help companies address the complexities of compliance," says Dan Schoenbaum (pictured), chief operating officer, products at Tripwire. "With out-of-the-box configuration assessment policies developed in conjunction with key regulations and standards, Tripwire Enterprise ensures organisations quickly get virtual and physical IT configurations into a continuously compliant state, as has been accomplished with SEI."

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