PricewaterhouseCoopers Teams With Oracle to Deliver a Risk-based Approach to Role and Identity Management


NEW YORK, Nov. 14, 2007 (PRIME NEWSWIRE) -- PricewaterhouseCoopers LLP will team with Oracle to bring mutual clients the benefit of PwC's proven methodology for role engineering and control process design coupled with Oracle's role and identity management technology, enabling organizations to create a baseline identity management infrastructure that can significantly reduce the amount of time and effort required to design, build and implement an identity management solution.

"As companies position themselves to take advantage of a continually changing and dynamic marketplace, the proliferation of regulatory compliance requirements coupled with the inherent risks associated with globalization requires a level of flexibility beyond what current systems and processes can support," said Gary Loveland, principal, PricewaterhouseCoopers. "Through diversification, acquisitions, mergers, outsourcing, offshoring, and restructuring, many organizations have responded by layering control processes and roles on top of existing functions. By focusing on effective role management, organizations can benefit from finding the right balance to support business objectives and better manage risk."

PwC and Oracle's application-centric approach to Identity Management addresses the shortcomings of traditional models that have led to role explosion, increased administrative costs, and control deficiencies. PwC's re-usable role management framework applies leading governance, risk and compliance role management practices to a set of control processes that are common across the enterprise to establish a baseline model that can then be easily customized. Based on PwC's in-depth knowledge of leading practices for business and IT role management, organizations can jump-start their role management solution by leveraging PwC's recommended baselines for role creation, workflow processes, and reporting that integrate both compliance and risk objectives. This new approach to role integration of the potentially dozens of oversight functions and committees duplicated across multiple departments and geographies can mean increased efficiency and the opportunity to drive improved performance.

"PwC's baseline framework will complement Oracle's role management software to provide capabilities that address the full lifecycle of role management activities -- from mining, engineering, and validation to ongoing administration and governance," said Amit Jasuja, vice president, Development, Security and Identity Management at Oracle. "Oracle provides a single point of policy management to define and manage roles, role memberships, and associated access privileges, creating an automated solution for role management that integrates seamlessly with Oracle(r) Identity Management as well as other existing systems."

About PricewaterhouseCoopers

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

"PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.



            

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