Ontario Teachers' Pension Plan Selects Securent for its Enterprise-Wide Entitlement Management Platform



    One of Canada's Largest Pension Funds to Meet Internal Compliance
    Requirements, Secure Clients' Financial Data with Securent's Entitlement
    Management Solution

    MOUNTAIN VIEW, CA, April 23 /CNW/ -- Securent, Inc., the award- winning
leader in the Entitlement Management market, today announced that the Ontario
Teachers' Pension Plan (Teachers'), one of the largest pension plans in
Canada, has selected Securent's Entitlement Management Solution (EMS) to serve
as its entitlement management platform.
    The Teachers' pension plan is an independent corporation that administers
pensions for more than 271,000 active and retired teachers, and is responsible
for investing assets totaling $106 billion (CAD). Now with Securent, Teacher's
pension plan administrators have more visibility and centralized control over
fine-grained authorization and entitlement policies.
    "The Ontario Teachers' Pension Plan is entrusted to manage the pension
contributions and benefits for hundreds of thousands of teachers across the
province, and we take extraordinary measures to safeguard their private
pension information," said Rosemarie McClean, Teachers' Senior Vice-President,
Member Services. "Entitlements dictate who in our organization is allowed to
do what, and thus represent a critical layer in our overall security
framework. We selected Securent because our independent analysis revealed that
their EMS is the best solution for our authorization and entitlement
management needs."
    Securent EMS enables organizations to secure sensitive applications and
data with ease and precision. For the first time, organizations can benefit
from a proven XACML standard-based solution to create, enforce, review, and
audit fine-grained access policies across heterogeneous application and IT
environments distributed throughout the enterprise, all with centralized
management and visibility. Securent provides a more scalable and cost-
effective alternative to custom coding of fine-grained access controls into
applications. Loosely coupling entitlements with application services,
Securent EMS is also a key infrastructure service in an effective SOA
deployment. The results, as seen in Fortune 1000 deployments, include improved
security and compliance with regulations such as Sarbanes-Oxley (SOX), the
Health Insurance Portability and Accountability Act (HIPAA), the Payment Card
Industry (PCI) Data Security Standard, the Gramm-Leach-Bliley Act (GLBA),
Basel Capital Accord (Basel II), and the National Association of Securities
Dealers Rule 2711 (NASD 2711).
    The Teacher's pension plan follows stringent internal compliance
requirements. It knew that writing and embedding entitlements into individual
applications would be costly and difficult to manage. In addition, reviewing
and checking access was proving to be a time-consuming endeavor that required
the pension plan to reallocate precious IT resources. Without a uniform
mechanism to control access, Teachers' pension plan could encounter increased
risk and vulnerability.
    Teachers' pension plan defined several criteria during the process of
selecting an entitlement management solution, including the requirement that
the solution be based on open-standards to ensure that it could easily
integrate into its heterogeneous infrastructure. With many of its applications
running as web services, Teachers' pension plan also required that its
entitlement management solution operate seamlessly in a distributed,
service-oriented architecture.
    Following a rigorous evaluation process, Teachers' pension plan selected
Securent EMS due to Securent's proven breadth of functionality, ease of use
and integration, small footprint, performance and scalability, product
extensibility, and support for open industry standards including XACML. To
gain the necessary level of control over their application environment,
Teachers' pension plan is deploying Securent EMS across dozens of business-
critical components that power its Member Services portfolio.
    "The Ontario Teachers' Pension Plan is one of many organizations to
realize that externalizing entitlements from applications is not just smart
from a security standpoint, but it also makes good business sense," said
Carmen Parisi, Securent VP of Sales. "With Securent EMS, the pension plan will
be able to manage and enforce policies in a more consistent manner that will
help ensure that the organization remains in compliance with corporate
policies and, more importantly, that their members' private information remain
secure."

    About Securent

    Securent is the leader in Entitlement Management. It has delivered the
industry's most robust XACML-standard based entitlement management solution
that has been proven in mission-critical enterprise environments, enabling
organizations to secure sensitive applications and data with ease and
precision. Securent's Entitlement Management Solution (EMS) leverages patent-
pending technological advances to allow enterprises to enforce entitlement
policies at very high performance across a heterogeneous IT stack, and to
manage, enforce, and audit the policies on-demand at a centralized console.
The significant cost, time to market, and compliance benefits of EMS have been
proven at many Fortune 500 customers. Securent has been recognized by the
industry's leading analysts, including Gartner, Burton Group, and Forrester
Research. Headquartered in Mountain View, Calif., Securent is venture backed
by Greylock Partners and Onset Ventures. For more information, please visit
http://www.securent.com.

    NOTE: Securent and Securent Entitlement Management Solution are
registered trademarks of Securent, Inc. All other product and/or company names
mentioned herein may be trademarks of their respective holders.

    Corporate Communications Contact:
    Dan Spalding
    Securent, Inc.
    (650) 625-9400, ext. 227
    dspalding@securent.com





For further information:

For further information: Dan Spalding of Securent, Inc.,
+1-650-625-9400,  ext. 227, or dspalding@securent.com Web Site:
http://www.securent.net/

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