Alkami Technology Deploys myOneLogin Identity Services in their Oxygen Platform

March 4, 2010

LOS GATOS, Calif., March 4 /PRNewswire/ — TriCipher, a leading provider of Cloud identity services, announced today that Alkami Technology has selected myOneLogin Identity Services to provide secure authentication and federation for its next-generation online banking platform. Alkami has integrated the myOneLogin on-demand identity services with Windows Identity Framework to offer claims-based authentication service for its banking and credit union customers.

“Alkami is now the first online banking vendor to offer claims-based authentication, using myOneLogin’s strong authentication and federation services. Using myOneLogin, we can de-couple authentication from our application, offering state-of-the-art authentication technologies while focusing on online banking innovation,” says Stephen Bohanon, President at Alkami. “We manage authorization and permissions within our Oxygen Platform using Windows Identity Framework, and use myOneLogin’s multi-protocol federation to link authenticated customers to the platform.”

myOneLogin Identity Services provides multi-protocol federation and multiple strong authentication technologies, all available as a Cloud Service easily called from within a web application. The strong authentication services provided by myOneLogin help the banks and credit unions that are Alkami’s customers meet FFIEC guidelines for multi-factor authentication.

“Alkami is a great example of the new kinds of partnerships and relationships happening behind cloud services like online banking. Managing online identity securely is absolutely essential to the success of these evolving business models,” said Jack Martin, VP Worldwide Field Operations at TriCipher. “By moving authentication and federation to a cloud-based service, Alkami is able to provide a next-generation service that meets the security needs of today’s financial services industry.”

For more information on myOneLogin Identity Services, visit www.myOneLogin.com.

About TriCipher

TriCipher, Inc. provides Internet identity services to protect web and enterprise portals, the people that use them and the business processes that flow through them against fraud and identity theft. TriCipher myOneLogin(TM) is the first secure, on-demand offering that delivers strong authentication, single sign-on (SSO) and federation capabilities for web applications in a single solution. The TriCipher Armored Credential System(TM) (TACS) is a unified authentication system that enables companies to deploy and manage multiple types of credentials from a single infrastructure. Through this flexible “Authentication Ladder,” TriCipher protects customer investment by adjusting authentication strength to defeat new threats and to meet regulatory changes without the need to implement a new infrastructure. Founded in 2000, TriCipher is headquartered in Los Gatos, Calif. The company is funded by ArrowPath Venture Capital, EPIC Ventures, Intel Capital, RBC Technology Ventures, and Trident Capital.

About Alkami Technology

Alkami Technology is a privately owned software company focused on providing eBanking solutions to the financial services industry. Alkami’s eBanking solution represents a quantum leap forward in the level of control and customization given to the institution while revolutionizing the user experience provided to customers and members. With its modern interface, customizable feature set, intelligent content delivery, and financial management tools, Alkami eBanking enables institutions to build stronger relationships with their customers via the online channel. Learn more about Alkami eBanking and our Oxygen Platform by visiting our website at www.alkamitech.com

SOURCE TriCipher, Inc.

Source: newswire

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