Published on 28-Jun-2012
Validated on 02 Dec 2013
"The name of the service is trust. So our clients have to be sure that their data are highly protected. So, the responsibility of the Santiago Stock Exchange is to maintain the data in a very secured environment." - Andrés Araya Falcone, Chief Information Officer, Santiago Stock Exchange.
Santiago Stock Exchange
Information Governance, Information Integration
The dominant stock exchange in Chile tightens the security of its core systems and complies with government regulations for data security when it implements IBM InfoSphere Guardium Database Activity Monitor software
Santiago Stock Exchange relies on a wide range of electronic trading and information systems as well as capital and portfolio management applications, to support its daily business operations. The organization needed to maintain the data integrity and protect the confidentiality of data generated by its core applications and systems, in order to comply with government regulations. Thus, they needed to implement a security solution that would enable it to define access policies and monitor the connections to its core systems and applications without inhibiting performance or availability.
Santiago Stock Exchange implemented the IBM InfoSphere Guardium Database Activity Monitor software. The solution facilitates comprehensive database monitoring without affecting application performance - even when there is a high level of online transaction processing. During the first phase of the implementation, the client defined acceptable data governance policies for user access to its core applications and systems. Once this was complete, the Santiago Stock Exchange applied the policies to the solution.
The InfoSphere Guardium Database Activity Monitor software helped the organization to: - Manage database access rights for end users - Monitor end users who access or make changes to data, initiate data access outside the standard hours, and initiate access via inappropriate or unapproved channels - Monitor developers, system administrators and business analysts who access the production environment - Monitor IT staff members who make unsolicited changes to databases or applications, or initiate out-of-cycle patching of production systems - Generate daily activity reports reflecting the access connections of all end users - Respond to incidents
By implementing IBM InfoSphere Guardium Database Activity Monitor software, the Santiago Stock Exchange has tightened the security of its core applications and systems without inhibiting performance and availability. Moreover, the solution helps the client comply with government regulations for data security, which will help it avoid costly sanctions. Finally, by limiting database access to only those who need it, the InfoSphere Guardium Database Activity Monitor software provided the client with the peace of mind that comes with knowing its data is monitored and secure.
Andrés Araya Falcone, Chief Information Office, Santiago Stock Exchange, explains the value of IBM InfoSphere Guardium for maintaining database security and protecting client data from unauthorized access. Data security and compliance are critical to the organization being the third largest financial market in Latin America.
Voiceover: As our planet becomes smarter, the volume and variety of digital information continues to explode. And with so many integrated applications and systems feeding today’s businesses, organizations are struggling to understand all of their information. The organizations able to integrate, govern, and analyze new information faster are the ones more likely to make timely business decisions and gain competitive advantage. IBM InfoSphere Big Data, Integration and Governance solutions offer end-to-end integrated and modular capabilities across the entire information supply chain. We’re helping clients: Improve and maintain data quality, Govern information throughout its lifecycle, Better ensure data security and privacy, and implement standards that ensure information consistency. When organizations have information that they can trust and understand, they gain greater insight and can make smarter decisions that are more aligned to business goals.
Andrés Araya Falcone, Santiago Stock Exchange: The Santiago Stock Exchange is the third largest market in Latin America behind Mexico and Brazil. The Santiago Stock Exchange provides back office services. Big names work with us in this product. Back office services provide services for custody, billing, statement, accountability. So we provide a Software-as-a-Service environment. That means that we provide hardware, software, services for them. The name of the service is trust. So our clients have to be sure that their data are highly protected. So, the responsibility of the Santiago Stock Exchange is to maintain the data in a very secured environment. We decided to use the Guardium product to protect the data of our client. We use Guardium to protect our clients’ data to unauthorized access. We have a long-term relationship with IBM. We think that our technical team works very close with the technical team of IBM. We feel very comfortable with local support, too. They have a big presence in my country. Prepare for the journey with the best partner, which is IBM.
Voiceover: Whether across the enterprise or in an information centric project, IBM InfoSphere Big Data, Integration and Governance solutions are helping clients turn data into business value. Learn more at ibm.com.
Products and services used
IBM products and services that were used in this case study.
InfoSphere Guardium, InfoSphere Guardium Database Activity Monitor