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Home > Business > NEXT-GENERATION IDENTITY & ACCESS MANAGEMENT DRIVES THE AGE OF THE CUSTOMER

NEXT-GENERATION IDENTITY & ACCESS MANAGEMENT DRIVES THE AGE OF THE CUSTOMER

Published by Gbaf News

Posted on November 25, 2014

4 min read

Last updated: January 22, 2026

Illustration of identity management solutions for customer access - Global Banking & Finance Review — This image showcases innovative identity management solutions crucial for enhancing customer access in the banking sector, reflecting the themes of personalization and security discussed in the article.

By Neil Chapman – Senior Vice President & Managing Director EMEA / International, ForgeRock

The “Age of the Customer” is really the “Age of the Internet;” the Internet has taught customers that they no longer need to settle. Instead, they can now go online to seek—and likely find—exactly what they are looking for, exactly when they want it. This unprecedented competitive pressure is driving the pace of business innovation faster than ever before. Companies are racing to develop new revenue streams and increase loyalty by rolling out more personalised and dynamic services.

Car companies are adding telemetric features, and retailers and service providers are dreaming up new perks and services to shore up loyalty. Banks too are scrambling over each other to offer the latest mobile app, and are looking more broadly at how technology can maximise client value and streamline operations, contributing to top-line and bottom-line revenues–providing insight they can literally “take to the bank.”

But one huge hurdle in this headlong race to innovate is how to connect customer and citizen identities to these offerings. It is a paradox of openness and restriction. On the one hand organisations need to provide easy, seamless access across platforms and services including the cloud, mobile devices, customer portals, social platforms, and the web. On the other they must protect customer security and ensure that customers get exactly—and only—what they pay for. Businesses must reassess their approach to identity management in order to prosper in this new, fast-paced environment.

A new approach to identity management – not just access but a relationship

Neil Chapman

Neil Chapman

Traditional identity and access management (IAM) tools enable or deny access based on a few criteria, and only for a few thousand users, typically just employees and partners. Companies looking to support innovative services for customers can leverage identity relationship management (IRM) platforms instead. These can instantly support multiple devices, react to context, and scale up to accommodate millions of users at a time without any performance degradation or service disruption.

Support all devices with login anytime, anywhere

Companies have to support a huge array of devices, applications, and users, as well as the numerous relationships between them, while providing customers the same experience across all their touchpoints. Today’s IRM can link devices—including laptops, phones, touchpads, and even cars—and new mobile and social apps to a single security platform that enables identity synchronisation and single sign on (SSO). This can take place anytime, anywhere, on premises or off in the cloud.

It’s all about the context

But today’s SSO isn’t a simple yes/no. Multiple factors should determine whether or not a user gets access, and if so, how much and to what. If someone logs in from a new device or a different country, for example, a business might set up its IRM system to adjust to the circumstances and ask for additional authentication.

Contextual intelligence and awareness add value to digital services. For example, with the Toyota in-car portal, the system “knows” which car and which driver is accessing the Toyota platform, and where they are. This allows the system to recommend petrol stations, find a parking spot, and offer real-time traffic information and automatic rerouting. Other services can leverage a wide range of contextual data—such as location, time, customer record, temperature, device, and virtually anything else—to customise interactions with users.

Harness identity to power reinvention and innovation

As customers demand more personalised services, companies must harness the power of identity to transform visionary ideas into applications that they can deliver to millions of customers, anywhere, using any device.

The winners and losers in today’s digital world will be determined by how they approach the issue of identity as they develop new offerings. Those that utilise the right identity platform can quickly respond to the needs of their business, reinventing themselves to roll out new services to any device or thing more quickly than their competitors—and to seize a distinct advantage in the market.