Oracle is the only vendor that provides a one-stop shop for security solutions, helping us to comply with regulatory requirements and protect sensitive data. We also gained a competitive edge by customer usability for registration My Number via mobile device and secure platform in short period.
Rakuten Securities, Inc. is Japan’s largest online financial brokerage company, providing a comprehensive range of execution and clearing services for a wide range of assets, such as cash, equities, bonds, and derivatives.
The Japanese government introduced the My Number system—a national identification system with an individual’s social security and tax file number—to prevent data leak and protect sensitive personal information. To comply with the regulatory requirements, Rakuten Securities established data protection policies based on three aspects: people/organization, physical infrastructure, and technology. Its goal is to integrate access control for disparate security systems into a single platform and achieve defense-in-depth protection against unauthorized access.
Only Oracle could provide a one-stop shop for database security solutions, including access control and data encryption. It also met our requirements to enable defense-in-depth protection approach by allowing surveillance of not only data in the database but also the files in the operating system.
With assistance from Oracle Consulting, we spent just two months for system design and completed the project within six months. The compatibility between Oracle Database’s Security Options and Oracle Database Appliance X5-2 also allowed us to focus on implementing data security measures rather than designing the database throughout the subsequent database construction phase.
“Thanks to Oracle Database’s Security Options and Oracle Consulting’s expertise in IT system requirements for My Number, we have eliminated security feature development and shortened our project lead time,” said Shoumitra Barua, group manager, IT Division, Market Speed Development Department, Rakuten Securities, Inc.
Established in 1999, Rakuten Securities is now the largest online brokerage house in Japan with over 200 million customer accounts. Its mission is to provide investors with an optimum trading platform through continuous product innovation. Rakuten Securities also aims to further improve customer service by leveraging the network of Rakuten’s group companies, including Rakuten Market (common reward program) and Rakuten Bank (credit card transactions).