News &  Events
Hitachi ID Facebook Page Hitachi ID Twitter Page Find us on Google+

M-Tech Records Growth in Financial Sector

M-Tech Information Technology, Inc. records steady growth in software licensed by US-based financial institutions, with over 44 customers and nearly 1 million end-user licenses sold.

April 30, 2007 - Calgary, Canada -- M-Tech Information Technology, Inc., Inc., a leader in enterprise identity management software, reported today growing market penetration in the US-based financial services vertical, where M-Tech IDM solutions have been licensed by numerous banking, insurance, investment and trust companies.

M-Tech financial sector customers include long-term customers such as Washington Mutual, Merrill Lynch, VISA, NASD, MetLife, AmSouth Bank, Thrivent Financial, Northern Trust, Fortis, Inc. and American Financial Group.

These customers enjoy IT cost savings, improved user productivity and hardened security through user provisioning workflow, effective password management and integration with security technologies such as hard disk encryption, smart card PIN unlock and one time passwords. M-Tech also assists customers with regulatory compliance, principally by helping them to find and remove stale privileges and by strengthening authentication processes.

Financial sector customers are among the leaders in adopting advanced IT security technology, and M-Tech has been able to assist with deployment and support of leading-edge security technology, including:

M-Tech integration with these technologies has made them much easier to support, and therefore more attractive to customers.

Financial-sector M-Tech customers range from about 2,000 to about 200,000 employees. Among these customers, some have realized cost savings of as much as US$10M/year from M-Tech Identity Management Suite deployments.

About M-Tech Information Technology, Inc.

Hitachi ID Systems, Inc. is a leading provider of identity and access management solutions. Hitachi ID software helps almost 1000 organizations with over 12 million combined users meet security, internal control, regulatory compliance, IT cost reduction and user service objectives.

Hitachi ID Management Suite includes Identity Manager, Password Manager and Privileged Access Manager These products manage identities, entitlements and authentication factors across both on-premise and SaaS applications in the cloud.

Industry analyst Ovum Consulting recently recognized Hitachi ID Systems as an enterprise identity and access management powerhouse, citing the company's robust technology and exemplary customer support. Ovum “believes that Hitachi ID's focus on reducing the administrative and helpdesk burden and the company's focus on bottom-up IAM reflects the way in which organizations operate.”

For more information about Hitachi ID Systems and its products, please visit or call 1.403.233.0740.

M-Tech Contact

Dawn Mallyon
VP Marketing
Hitachi ID Systems, Inc.
500, 1401 1st Street S.E
Calgary, AB T2G 2J3
1.403.233.0740 ext. 324

©2011 Hitachi ID Systems, Inc. All rights reserved. P-Synch is a trademark of Hitachi ID Systems, Inc. in the United States and Canada.

Copyright in these documents published on this Site is owned by Hitachi, Ltd. or Hitachi ID Systems. Copyright to some individual images contained within the portion of the Site may belong to others. Hitachi ID Systems authorizes you to reproduce the documents for non-commercial use by you or within your organization only, provided that the above copyright notice appears on each and all copies, documentation and other materials related to any use of these documents. Hitachi ID Systems specifically retains all rights, including copyright, which it may have in data, files and/or images, text and the media they contain. Commercial publications, copying or redistribution of Hitachi ID Systems documents in any manner for personal or corporate gain is prohibited without prior written permission.

Any product, service, program or technology described in any document by Hitachi ID Systems on this site may be the subject of other intellectual property rights owned by Hitachi ID Systems or others. Any such right that is not expressly licensed hereunder is reserved by Hitachi ID Sytems or Hitachi, Ltd. and/or the owner of such right.

Use of this site signifies your agreement to the Terms of Use. All other marks, symbols and trademarks are the property of their respective owners.