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HSBC Bank Deploys Centrify Suite to Centrally Manage Security and Auditing for Worldwide IT Operations

Leading Worldwide Financial Institution Uses Centrify to Secure Access, Improve Auditing and Manage User Accounts

SUNNYVALE, CA and BRACKNELL, UNITED KINGDOM -- (Marketwire) -- 11/13/12 -- Centrify Corporation, the leading provider of security and compliance solutions that centrally control, secure and audit access to on-premise and cloud-based systems, mobile devices and applications, today announced that HSBC Bank UK is deploying the Centrify Suite to centrally secure system access to HSBC's distributed IT infrastructure.

Headquartered in London, HSBC is one of the largest banking and financial services organizations in the world. HSBC's international network comprises more than 7,200 offices in more than 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC central IT staff manages thousands of user accounts across its UNIX and LINUX estate; making access control, privilege management and reporting on user access a critical concern for IT Operations and Audit teams.

"Centrify's product functionality sets it apart from anything else on the market by consolidating complex user and computer access into a streamlined and easy-to-manage arrangement within Active Directory; it's a massive plus for us," said Paul Sharpe, Enterprise Technical Specialist, Global IT Operations with HSBC. "We looked at several vendors, but Centrify Suite's underlying Zones technology was by far the best approach for us to maintain compliance and simplify our processes."

Prior to deploying Centrify, Sharpe said, "We had multiple goals for this project including enforcing password policies, user account consolidation in Active Directory, and auditing requirements. We needed to manage our Linux and UNIX systems in a centralized manner and wanted to leverage an existing directory infrastructure. The result was a decision to acquire the best technology to meet our needs, and after careful evaluation we chose Centrify."

"HSBC is a global financial giant in the industry, with a dynamic IT organization that demands the highest level of performance and ROI," said Darren Gross, Centrify Regional Director for EMEA. "We are extremely proud that they have selected Centrify to help manage their security needs for centralized user management and auditing, and we look forward to a long-standing, mutually successful relationship."

Centrify has broad acceptance in highly regulated industries such as banking, securities and insurance where the constantly shifting compliance and security landscape drives the need for rigorous internal auditing and risk management. Centrify is uniquely able to scale to enterprise-wide projects where implementing granular role-based access is complex due to acquisitions, heterogeneous system environments, and identity silos that have grown up across the enterprise. Centrify's integrated solution ensures that even the largest financial institutions can establish accountability across data center systems, cloud servers, applications and mobile devices.

About the Centrify Suite
The Centrify Suite 2012 lets organizations centrally control, secure and audit access to cross-platform systems, mobile devices, and applications by leveraging an infrastructure they already own -- Microsoft Active Directory. Built on an integrated architecture, the Centrify Suite strengthens security, enhances regulatory compliance initiatives, and reduces IT expense and complexity. The Centrify Suite -- consisting of DirectControl DirectAuthorize, DirectAudit, DirectSecure and DirectManage -- delivers secure authentication and single sign-on, role-based access control, privileged identity management, mobile security management, user-level auditing for Windows and UNIX systems, server isolation, and encryption of data-in-motion for the industry's broadest set of heterogeneous systems and applications.

About Centrify
Centrify delivers integrated software and cloud-based solutions that centrally control, secure and audit access to on-premise and cloud-based systems, mobile devices and applications by leveraging the infrastructure organizations already own -- Microsoft Active Directory. From the data center and into the cloud, more than 4,500 organizations, including 40 percent of the Fortune 50 and more than 60 Federal agencies, rely on Centrify's identity consolidation and privilege management solutions to reduce IT expenses, strengthen security and meet compliance requirements. For more information about Centrify and its solutions, call +44 (0) 1344 317950 or +1 (408) 542-7500 or visit http://www.centrify.com/.

Centrify, DirectAudit, DirectControl and DirectSecure are registered trademarks and DirectAuthorize and DirectManage are trademarks of Centrify Corporation in the United States and other countries.

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