The Reserve Bank of Australia (RBA) said it is looking to modernise its identity and access management (IDAM) capabilities by introducing more automated controls to its existing platform.
The RBA explained it currently relies heavily on a mix of manual and automated processed to enforce bank controls but believes a new IDAM environment would help “futureproof” the bank, reduce the risk of unauthorised data access, and support staff with the delivery of normal operational activities.
“Whilst these processes are acceptable in the current landscape, additional capabilities have been identified to implement more robust controls so as to future proof and make these fully effective in their intended undertakings,” the RBA said in its tender request.
“In order to realise this initiative, the IDAM project has been initiated, where the bank is seeking the supply of one or more products and related services to uplift this technology area.”
Under the IDAM project, the RBA identified that it wants to see the delivery of an identity governance and administration, hybrid identity infrastructure and…
