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Governance and Identity for Financial Services

Align identity governance with financial risk and compliance.

Regulatory Pressure Requires Operational Governance

Financial institutions must manage identity, risk, and compliance simultaneously. Organizations need continuous visibility across complex landscapes to ensure documented governance.

DORA

Enhances digital operational resilience for the financial sector through strict IT risk management.

BAIT

Defines supervisory requirements for IT in German financial institutions to ensure secure operations.

VAIT

Sets specialized IT security and governance standards for the insurance industry's regulatory compliance.

NIS2

Modernizes cybersecurity requirements across the EU to protect critical infrastructure and digital services.

ISO 27001

Provides the international gold standard for establishing and maintaining a robust Information Security Management System.

GDPR

Enforces strict data protection and privacy standards for handling personal information within the EU.

Common Governance Challenges

Audit-Proof Evidence

Auditors require proof that controls are effective. Maintain traceable and continuously validated evidence that stands up to scrutiny.

Evolving Regulatory Obligations

Supervisory frameworks continue to expand. Adapt governance processes and documentation for ongoing adherence to changing rules.

Complex IT Landscapes

Banks and insurers operate highly interconnected application environments. Establish consistent governance controls across fragmented, legacy systems.

Authorization Risk

Overly complex or outdated role structures increase security exposure. Reduce unauthorized access and eliminate critical audit findings.

What Strong Governance Looks Like in Financial Services

Controlled Access by Design

Roles and entitlements are clearly defined and continuously monitored.

Audit Evidence Available on Demand

Governance documentation and control status are available without manual reconstruction.

Identity Linked to Risk Oversight

Identity-related weaknesses are visible as governance and risk issues.

Shared Governance Model

Security, compliance, IAM, and audit teams operate from a unified framework.

Governance & Identity
Applied in Financial Services

Risk Governance

Access risks are operational risks.

Explore Use Case

Analytics enables:

  • Continuous monitoring of toxic access
  • Risk classification and prioritization
  • Integration into enterprise risk registers
  • Escalation workflows

Result:

Identity becomes part of active risk governance, not an isolated IT process.

IAM Modernization

Modern IAM initiatives often fail due to unclear role structures and legacy entitlements.

Explore Use Case

Identity analytics supports:

  • Role rationalization
  • Entitlement cleanup
  • Migration readiness
  • Transparent baseline assessment

Result:

Faster transformation with reduced risk.

Audit & Regulatory Compliance

Gain continuous transparency across identities, risks, and controls instead of using disconnected tools.

Explore Use Case

Identity analytics provides:

  • A defensible identity inventory
  • Structured entitlement transparency
  • Automated SoD conflict detection
  • Evidence aligned with ISO 27001, DORA and NIS2

Result:

Reduced audit preparation effort and higher evidence quality.

NEXIS: One Platform.
Every Compliance Control Covered.

Structure regulatory obligations, maintain control frameworks, and track implementation status.

Identity & Access Analysis

Gain a complete identity inventory with entitlement transparency from onboarding to automated offboarding.

Manage Enterprise & Cyber Risk

Identify, assess, and document IT risks in a structured register aligned with DORA and BAIT requirements.

Audit Management & Evidence

Generate structured, defensible compliance documentation and maintain a traceable, continuous audit trail.

Role & Access Governance

Define structured business roles and manage controlled lifecycles to ensure absolute policy compliance.

Segregation of Duties

Detect and prevent conflicting access rights across applications as a mandatory, automated audit control.

IAM Governance and Documentation

Centralize identity insights and automate documentation to shift from reactive to continuous governance.

Schematic picture of NEXIS Platform modules and capabilities

How We Address
Your Challenges

NEXIS effectively supports financial sector governance

Identify & Assess

Map your regulatory scope, existing controls, and identity risks into a unified register.

Govern & Control

Apply GRC frameworks and IAM policies – automated, continuous, audit-ready.

Monitor & Alert

Real-time dashboards surface compliance gaps and access anomalies before they become incidents.

Report & Prove

One-click reporting for BaFin, BSI, and internal auditors — from a single source of truth.

“By using NEXIS as a dedicated role management platform, we can provide automated processes around business roles and offer user-friendly interfaces for everyone involved in role management.”

Sascha Gautschi Product Owner, Post CH AG

“With NEXIS, we can efficiently perform role mining to gain fast and accurate role proposals. Furthermore, the tool helps our business teams and IT to better understand our role composition for optimization measures.”

Niklas Murr Product Owner IAM, dm

“With NEXIS, we have not only automated our processes, but also created genuine transparency – across systems, roles and authorisations. The implementation was structured, solution-oriented and technically on par. NEXIS has noticeably reduced our daily workload.”

Luca Schär Identity- and Access Administrator, CSS

NEXIS successfully allows us to monitor and improve the fulfilment of relevant regulatory requirements. It covers our company-wide compliance and SoD controls and provides a new level of transparency and auditability. It thus is one of the core elements of our security infrastructure.

Dominik Schönwetter Head of Identity Governance, Regulated Enterprise (EU)

“In this project, we had to cope with a wide range of requirements. One of the biggest challenges was the great time pressure that exists when a legacy system or conventional methods can no longer be used. The transformation that took place at the customer as a result of this project was also exciting.”

Dieter Kögler Account Manager at T-Systems Austria

“The software requires virtually no programming, but can be configured in the user interface and settings can be clicked together. This allows granular control of what is to be recertified and displayed.”

Christian Höfs Project Manager, FI-TS

“This saves time and resources. This allows us to focus even more on the needs of our business areas, act as a business enabler while meeting increasing regulatory requirements and compliance standards and continuously developing our IT security strategy.”

Alex Campestrini Product Owner IAM Core Systems at UNIQA

Customer Success Stories

Explore All Case Studies

Experience Unified Governance

See how NEXIS transforms fragmented identity and risk processes into a single, high-clarity management platform.

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