PasswordBank and Kinamik Alliance reduce implementation costs of GRC environment
PasswordBank and Kinamik join forces to provide a combined solution, PasswordBank Secure Audit Vault - Powered by Kinamik, for identity and access management that generates immutable audit logs with full evidential weight

Tuesday, July 13th 2010 - Kinamik Data Integrity, the real-time data integrity assurance company, and PasswordBank, leader in multiplatform Enterprise Single SignOn solutions, announced today the signing of an OEM agreement for the use of the Kinamik Secure Audit Vault's unique real-time integrity protection technology, within PasswordBank's award-winning products. This joint solution will provide cost reductions in GRC (Governance Risk and Compliance) especially for forensic or auditing purposes, and will dramatically increase the information’s evidential weight while reducing the risk of manipulation of the electronic records.

PasswordBank's Enterprise SSO is the most comprehensive Identity and Access Management (IAM) solution, providing a 360-degree access management throughout the whole enterprise with complete scalability and one of the fastest deployments in the market. The solution includes features such as the auditing tool, a key point for the Governance, Risk and Compliance (GRC) space. The inclusion of the Kinamik Secure Audit Vault allows PasswordBank to offer increased evidential weight for the log data generated by the Enterprise SSO solution. Furthermore, it allows PasswordBank's clients to have complete trustworthy proof of the integrity of these sensitive data for all users, regardless of their privileges.

"PasswordBank has always been one of the most scalable and fastest-to-deploy solutions in the market, allowing our clients to have a lower total cost of ownership reducing the complexity associated with the implementations. Now, with this partnership with Kinamik, we are moving even further ahead of our competitors and leading the way towards the next generation of IAM solutions" said Roger Casals, CEO of PasswordBank.

"We are very happy to announce this OEM agreement with PasswordBank, an innovative leader in the Identity and Access Management space" said Mark Searle, CEO of Kinamik. "This agreement comes after a thorough validation process done by both organizations. We are proud of providing unique value to PasswordBank’s current and future clients" he added.

The PasswordBank Secure Audit Vault – Powered by Kinamik is a seamless integration between each company's top-of-line products. This innovative solution will be available in mid Q3, 2010.

For more information about Kinamik Data Integrity and PasswordBank, contact Roberto Blanc, Marketing Director, Kinamik Data Integrity: +34 931 835 814, or Dann McDermott, Enterprise Technologist, PasswordBank Technologies, +1408 524 1579