Provision® IAM offers a cloud‑based SaaS platform that automates user provisioning, role‑based access control and de‑provisioning for community banks and credit unions. The system enforces zero‑trust policies, integrates with core and legacy banking applications without requiring full APIs, and maintains immutable audit logs and real‑time reporting for compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Community banks and credit unions must manually provision, modify, and revoke user access across dozens of legacy and modern systems, a process that consumes staff time, introduces security gaps, and makes regulatory audit preparation cumbersome.
Solution
Provision ® IAM delivers a cloud‑based SaaS platform that automates the entire identity lifecycle for financial institutions. Policy‑driven workflows enforce zero‑trust principles, ensuring users receive only the privileges required for their role and that access is revoked instantly upon termination. A single source of truth records every permission change, providing audit‑ready logs and complete data for internal and external compliance reviews. The solution integrates with major banking cores and a growing library of business‑management connectors without requiring full APIs, allowing legacy systems to be brought under centralized control. Self‑guided onboarding uses bank‑friendly terminology, enabling institutions to deploy the platform on their own schedule and scale as they grow. Real‑time reporting and flexible dashboards give security and operations teams visibility into access patterns and policy compliance.
Target Audience
The primary customers are community banks and credit unions that need to streamline user access management, meet stringent compliance requirements, and strengthen cybersecurity while maintaining efficient operations.
Features
- Cloud‑native SaaS architecture eliminates on‑premise installation and maintenance.
- Policy‑driven automated provisioning, role‑based access control (RBAC), and de‑provisioning in real time.
- Built‑in zero‑trust enforcement that restricts access to the minimum necessary privileges.
- Comprehensive, immutable audit log that captures every identity and permission change for regulatory reporting.
- Integration library with major banking cores and legacy systems; full APIs are not required.
- Flexible reporting engine delivering complete, unsampled data sets and customizable dashboards.
- Step‑by‑step onboarding wizard with terminology tailored to banking and credit‑union workflows.
- Self‑service portal for end users to update personal information and request access changes securely.