US based SailPoint sets engineering centre in Pune

US based Identity management software provider SailPoint today has set up an engineering and support centre in Pune with the investment of Rs 4.5 crore.

Aimed at supporting the company’s growing global customer base, the centre will team with SailPoint’s US-based engineering team to deliver next-generation identity management solutions.

"The Pune centre will help us take advantage of the rapidly increasing market adoption of identity governance to continue providing world-class support to our growing global customer base. Opening this centre is an important step for us as we continue our growth trajectory in 2011. Pune is an ideal location for our new engineering centre because the city provides a strong infrastructure, excellent educational institutions and a rich talent pool of skilled software engineers with deep experience in the identity management market," said Mark McClain, CEO and co-founder of SailPoint."

The company has plans to start marketing and sales activities by the end of 2012. It has focused customers in the sectors like banking, health care and IT. Identity management software, such as the solution provided by SailPoint, enables organisations to centralise the control over this access to take a proactive approach to risk management and compliance.

"We are excited to bring the SailPoint culture and vision for identity governance to our team here in India," said Ninad Panse, vice president and managing director, SailPoint India.

He added, "Our team is looking forward to contributing to the award-winning product innovation and customer service that has set SailPoint apart from competitors in the identity governance market."

SailPoint’s identity governance software, IdentityIQ, helps companies reduce the risk associated with user access to critical applications and data. SailPoint IdentityIQ allows organisations to put in place strong controls over user access to ensure compliance with policies and regulations and to automate processes for adding, changing, and removing access privileges in an efficient and compliant manner.

According to the company, today’s Global 1000 organisations have thousands of users that access over hundreds of IT systems and applications in various locations.

Managing "who has access to what" can be a very daunting task, but one that is necessary with the emergence of government and industry regulations such as Sarbanes- Oxley (SOX), Payment Card Industry (PCI) security standards, and Basel II banking regulations.