Banking Software Providers Part 1

Part
01
of two
Part
01

Identity Protection Products, Part 1

After a thorough and exhaustive search through the various companies’ databases including their websites as well as identity protection products providers’ databases and reputable media sources, information on identity protection products used by Backbase, CREALOGIX, EdgeVerve, and Avoka could not be found preexisting, as the information seemed to be unavailable in public domain. The none availability of such information in public domain could probably be due to any confidentiality agreement reached by these companies and their identity protection products providers, or the companies do not have identity protection products integrated into their various platforms. However, we found some helpful insights closely related to the requested information, which we have outlined below.

Backbase

CREALOGIX

EdgeVerve

Avoka

Research Strategy

Strategy 1 (Company Sources):

To provide the requested information regarding the identity protection products use by Backbase, CREALOGIX, EdgeVerve, and Avoka, your research team scours through each of the company’s database including their website, products, and solutions, in search for information and insight into the identity protection products that are integrated into these companies’ platforms. We also reviewed these companies’ privacy policies and partnership agreement as well as their partners’ databases, press releases, and annual/investor reports of these companies for information on the identity protection products these companies use. While we were able to identify these companies’ partners and the various security solutions they offer, which include IT Security, identity access management, and identity authentication/verification solutions, none of these products were found to be integrated with the identity protection products of either Backbase, CREALOGIX, EdgeVerve, or Avoka.

We also scanned through industry publications and case studies focusing on identity protection product(s) integrated into the different banking software providers' solution hoping to find information regarding the identity protection providers of the companies under review. A thorough search through reports on threats to data security, the significance of identity protection in banking software solutions, and the scale of services offered by identity protection product providers by research companies such as McKinsey, BCG, Deloitte, and PwC provided no information regarding the identity protection products integrated into the platforms offered by Backbase, CREALOGIX, EdgeVerve, and Avoka.
We also reviewed top identity protection products rating and review reports as publicly available at software review websites such as Nedwallet, cnet.com, tomsguide.com, reviews.com, and consumeraffairs.com among many others and most of them had the same listings among the most popular. We then studied the clients of top identity protection product providers including LifeLock, IdentityForce, Identity Guard, Complete ID, ID Watchdog, Identity Fraud, Intelius Identity Protect, Privacy Guard, McAfee Identity Theft Protection, IdNotify. None of these sources provided information regarding identity protection products use by Backbase, CREALOGIX, EdgeVerve, and Avoka.

The none availability of such information in public domain could probably be due to any confidentiality agreement reached by these companies and their identity protection products providers, or the companies do not have identity protection products integrated into their various platforms.
Part
02
of two
Part
02

Identity Protection Products, Part 2

After an extensive research through industry-related websites, media platforms, and company resources, details about identity protection providers that are integrated in the platforms of Kony, Finastra, Sopra Banking, Technisys do not appear to be in the public domain. However, the research team was able to gather valuable insights about Kony and Finastra in relation to identity protection services.

useful findings

research strategy

After a thorough research, we could not find any specific identity protection products integrated into Kony, Finastra, Sopra Banking, and Technisys' platforms. We first attempted to find information regarding identity theft providers that the three companies used through their websites, annual reports, press releases, and internals guide documentations. We first looked at company resources because we believed that they would provide the most accurate information about the companies. These sources revealed that Kony provided identity protection services. They also revealed that Finastra classifies identity theft protection as one of its legacy products. However, there was no mention of any identity theft products affiliated with the company.

Since we could not find information from company-related sources, we attempted to look at industry sites and media platforms, such as Sys-Con Media and IDG connect. We hoped that we could find media reports or reviews of the companies' products in relation to identity theft. However, these sources only provided information on the companies' mergers, acquisitions, and partnerships. We did not find any information regarding identity protection products using the above sources.

As a last resort, we opted to look at digital banking conferences and events with the aim of finding presentations by Kony, Finastra, Sopra Banking, and Technisys with regards to identity theft protection. We looked at events such as Digital Banking 2018, IBM Think, and SHARE. A thorough review of these conferences did not yield any positive results. There were mentions of keynote speakers from these companies, however, there was no detailed information on their presentation nor any references to identity theft products. For these reasons, we made the assumption that information regarding identity theft protection products integrated into the platforms of the three companies was not available in the public domain.

Sources
Sources