Customers

Technology Financial and Engineering Compliance Case Studies for Customers

Customer: Technology Insurance Financial Mortgage Financial Engineering Financial/Credit Union
Scenario $1Billion+ leader in enterprise infrastructure solutions, audit costs were in the Millions, needed an out of the box solution to solve business problem - lack of control and compliance between policy and IT infrastructure Large Financial Institution, Urgency to comply with GLBA policies, multiple branches across the US, Mortgage industry leader - $900M, 2K+ employees, 36 offices, security compliance required for more than 100 servers $6Billion+ leader in professional technical services - specialty consulting along with engineering and construction, and operations & maintenance, 330 Systems Large Financial Institution, Urgency to address security vulnerabilitiesOver $1.3 Billion in assets across 17 Branches, 440 machines
Issues
  • Reduce Audit Costs
  • Address Audit Deficiency list - Remediate
  • Automate Compliance - Need scalability across large IT ecosystem
  • Manage Policy Life Cycle for Sox Policy
  • Needed to comply with GLBA policies
  • Multiple and conflicting Policy
  • Could not attest Policy
  • Distribution and reception of Policy
  • Inability to enforcement Policy
  • Resource intensive Audits
  • Needed to identify and remediate vulnerability and weakness across 100 mission critical servers
  • Long Audit preparation time
  • Increased Audit headcount to complete compliance work
  • Spent $21M on outside audit
  • Extensive Audit preparation time and cost
  • Increased headcount needed to perform compliance activity
  • Needed the ability to Automate business policy and IT Compliance
  • Organize and control GLBA Policy
  • Automate reporting for GLBA
Solution and Polivec Products
  • Deployed Polivec Enterprise Governance center including Policy Center and Awareness Manager
  • Polivec Policy Center and Awareness Manager
  • Dist policies - GLBA and confirmation
  • Ability to report compliance activity
  • Polivec Policy Center
  • Awareness Mgr
  • Polivec IT & Security monitors and controls
  • Best Practices Methodology
  • Polivec Policy Center for Sox
  • Polivec Security Monitors & controls
  • Polivec consulting Best Practices
  • Polivec Policy Center
  • Awareness Center
  • IT Usage Policies
Benefits and Results
  • Ability to Manage and Distribute policy real time
  • Reduced Audit prep time and provided Auditable
  • Provided Policy enforcement to automated monitoring of data
  • Data center needed automated solution to monitor compliance
  • Ability to report on compliance activity as needed
  • Reduced Audit Time
  • Reduced FTE to perform audit activity
  • Increase audit preparedness for outside audit
  • Decreased Labor intensive activity
  • One tool used across entire compliance org
  • Reduced audit
  • Reduced FTE and time for audit
  • On going sustainability and reporting
  • Increase accountability and accessibility
  • Employee base became self efficient with Polivec automated tools
  • Decrease labor in audit activity
  • Ability to manage and report on Compliance activity
  • Policy Center provided for all corp policy reducing overlaps in Policy
  • Financial Controls and Audit driven process
  • On-demand reports
  • GLBA audit policy training
  • Increased employee efficiency