Ondato is a cloud-based compliance management platform created for financial institutions. The following is our list of the 20 best identity management software. This is why software developers have been improving their game, coming up with more robust systems to better protect businesses. However, the same goes for those who engage in illegal activities such as hacking and identity theft. In this day and age of high technology, identity management has become a primary focus among organizations, using only top-of-the-line tools to protect user identity from breaches. Currently, the technology has been undergoing remarkable changes with identity management software, now focusing on ease of deployment, integration, and compliance. These tools and IT security software are distant cousins, sharing common features at times. IM software core features can come in the form of single sign-on, multi-factor authentication, and access management, or as a directory for identity and profile data storage. Identity management software also manages users’ descriptive data and how they can be accessed. The goal is to help you find a solution that can secure your systems, allowing you to sidestep the harsh consequences and costs that are often associated with identity theft. In this post, we’ll dissect the top 20 identity management software to lay bare their features, functionality, and pricing. Besides, they help manage users, their credentials, policies, and access within an organization. These solutions erect a sturdy security wall to safeguard personal data like passwords, social security numbers, names, credit cards, and phone numbers, and addresses. In this light, companies should be vigilant and implement powerful identity management software. Such crimes result in negative impacts that usually transcend financial losses for a business. Identity theft is undeniably a significant concern for any individual or business in this day and age when technological innovations continue to make strides.

It also has unique Know Your Customer (KYC) and Anti-Money Laundering (AML) management capabilities. The top identity management software is Ondato because of its end-to-end features which include identity verification, due diligence management, and authentication.

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