Intesa Sanpaolo Banka Bosna i Hercegovina provides retail, corporate, and investment banking services to almost 137,000 clients in Bosnia and Herzegovina. Its network of branches and ATMs covers the entire country. The bank is part of Milan-based Intesa Sanpaolo Group that operates in 13 countries in central and eastern Europe and has 1,500 branches and 8.3 million clients.
The bank uses Oracle Audit Vault to automate secure data collection for internal and external auditing and reporting. As a result, it has simplified its compliance processes in the highly regulated financial sector, enforced stringent access controls, gained timely database activity alerts, shared real-time security intelligence across the entire enterprise for the first time, and reduced IT resources by 13%.
Intesa Sanpaolo Banka Bosna i Hercegovina, a long-standing user of Oracle Database, chose Oracle Audit Vault for its preconfigured, out-of-the-box functionality that enables the bank to mitigate security risks without the need for application changes.
"Oracle Audit Vault provides the highest possible security standards for our customers’ personal and financial data, while enforcing best-practice, corporate governance,” said Branislav Šunjić, head of system support, Intesa Sanpaolo Banka Bosna i Hercegovina.
Oracle Specialized Partner PING d.o.o., and specialist provider to the financial services sector, implemented Oracle Audit Vault and provides on-going support, as required.
"PING developed our core banking applications and the team’s expert knowledge of our business and Oracle technology is unrivalled," Šunjić said. "The combination of Oracle Audit Vault and PING’s knowledge and support provides us with powerful data protection."
My Oracle Support helped the bank to accelerate the implementation by providing expert advice to resolve complex firewall configurations at the bank.
"Engineers from My Oracle Support enabled us to avoid a lot of wasted time and effort during the implementation by overcoming the problem of conflicting firewalls at the bank’s locations," said Omer Jelagić, account manager, PING d.o.o. "Their expertise helped ensure a smooth go-live with minimal disruption to the customer."