Partner
Community IdenTrust
Company Overview
IdenTrust is the global leader
in trusted identity solutions recognised by global
financial institutions, governments agencies and
departments, and commercial organisations spanning
5 continents.
IdenTrust is the only bank-developed
identity authentication solution providing a worldwide
network of trusted credentials, providing both
a legally and a technologically interoperable
environment for authenticating and using identities
worldwide.
The IdenTrust platform enables
FI's, Government Agencies & commercial organisations
to manage the risks associated with identity authentication,
to minimise investment in creating their own legal
frameworks and to deploy a trust infrastructure
faster and more cost effectively.
MiFID Solution Overview
Identity Management- specifically
the ability to rely upon the privacy, authentication,
and integrity of electronic interactions, with
the assurance of non-repudiation, is fast becoming
one of the major challenges of an interconnected
world. Quite apart from the business process benefits
of identity authentication, the need for Trust
is evidenced in the plethora of regulatory requirements
facing Corporations, one of the most significant
being MiFID.
Essentially if the data cannot
be trusted, the Regulator cannot regulate. IdenTrust
identities are intended to address this critical
issue - focusing specifically on two core components
of MiFID - Client OnBoarding and Reference Data.
- Client Onboarding
(the process of opening a new customer account)
IdenTrust credentials are issued using the historically
strong Know Your Customer (KYC) practices of
FI's. All relying parties are assured that they
can trust these attributes when interacting
with a holder of a credential issued under the
IdenTrust Rules Set
- Reference Data (the
ability to trust the efficacy of data) requires
that information cannot be altered and that
it cannot be repudiated- thus if there was a
problem, there is a clear dispute resolution
process already in place. The use of IdenTrust
based credentials in the management of Reference
Data addresses this need comprehensively.
Website: http://www.IdenTrust.com
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