Concept: US-based company Cloudentity has launched Software-as-a-Service (SaaS) platform that helps application and security teams to automate and control how information is shared across application programming interfaces (APIs) and data. The platform offers a smart, fast, and automated way to manage authorization policies. It provides Zero Trust API access by externalizing fine-grained authorization, privacy consent, and personal data exchange enforcement at the cloud scale.
Outlook: App modernization, enabled by APIs that integrate information between users, systems, and services, is helping companies advance their digital business efforts. This has increased IT complexity while also requiring development teams to meet higher security and privacy requirements. Cloudentity’s cloud-native identity and authorization management solution addresses this issue by reducing deployment time and increasing time-to-value for any enterprise. Developers can save time and get more control over their data all while maintaining API security and governance. The platform enables businesses to provide online services such as Open Banking, and Embedded Finance without changing identity providers or application code, and it can be deployed in minutes. It boasts to simplify access control and data governance across any cloud.