DENVER, December 19, 2018 — Ping Identity, the leader in Identity Defined Security, today announced that the top 12 U.S. banks by assets rely on the Ping Intelligent Identity Platform for identity and access management (IAM)—representing $12.9 trillion in assets in the United States.

Since the 2008 financial crisis, banks, credit unions, insurance companies and investment firms have faced challenges from all directions, which includes shifting regulatory requirements, growing cyber threats, and increasing competition. The Ping Intelligent Identity Platform helps the largest, most complex enterprises in the financial sector meet strict regulations around data access and security, privacy and consent, as well as user authentication and authorization. It also helps deliver the consistent and streamlined multichannel experiences today’s consumers expect from online and mobile banking with single sign-on, unified customer profiles, and convenient self-service management features.

Ping’s enterprise-proven solutions are used to protect identity and profile data, intelligently secure granular access to applications and APIs, and provide adaptive multi-factor authentication (MFA) capabilities in a hybrid IT environment.

“Financial services providers face more than their fair share of challenges, and our solutions are designed to help meet stringent security mandates and regulations—without compromising personalized experiences,” said Andre Durand, CEO Ping Identity. “We’re honored to be trusted by more than 275 of the largest financial services enterprises in the world, helping them meet their security and customer experience needs.”

To learn more about how the Ping Intelligent Identity Platform is serving the needs of global financial institutions, visit pingidentity.com.