OpenText™ Core Identity Foundation is a cloud-based Identity and Access Management (IAM) solution designed to protect sensitive data across an organization's entire environment. This Software-as-a-Service (SaaS) platform enables businesses to comply with regulatory mandates, reduce cyber insurance costs, and implement zero trust security models effectively. By providing a comprehensive identity fabric, it lowers the total cost of ownership while ensuring robust protection of critical information. Key Features: - Event-Based Identity Lifecycle Management: Automatically detects unauthorized changes and enforces policies across managed identity stores, ensuring timely updates and reducing security risks. - Comprehensive Identity Connectivity: Aggregates and reviews entitlement data across on-premises, hybrid, and cloud applications, facilitating a zero trust IAM approach. - Identity Catalog: Collects and normalizes a wide range of entitlement information into a unified identity catalog, essential for thorough analysis and governance. - Single Sign-On (SSO): Supports SAML v2 and OIDC protocols, offering seamless access to web-based services through a browser plug-in, enhancing user experience and security. - Advanced Authentication: Enables passwordless technologies and multi-factor authentication, providing secure and frictionless access to applications and resources. - Identity Intelligence: Monitors identity automation events and anomalies, delivering alerts and event tracking to bolster security posture. Primary Value and Solutions: OpenText Core Identity Foundation addresses critical business challenges by transforming identity management from a cost center into a strategic advantage. It optimizes operations by automating identity store management, thereby reducing internal operational costs and increasing efficiency. The platform helps organizations meet stringent cyber-insurance requirements by protecting against both internal and external threats. By enforcing identity-based security for users on devices or networks outside organizational control, it facilitates the implementation of zero trust security models. Additionally, it mitigates the risk of breaches through least privilege access and robust identity verification mechanisms.