Software firm Courion has introduced a new Access Risk Management Suite.

The new platform is automated and pre-configured for rapid implementation based on the best practices of more than 500 customers and the new suite delivers results within 30 days at a price anywhere from one third to one quarter of traditional offerings, the company claims.

The new management suite provides a graphical view of access risks, important notifications and alerts and key actions that are personalised for executives, compliance and risk managers, IT operations and business users.

The management suite is developed as a single platform for managing user access to important information by automating and integrating IAM functions such as identity and access governance, user provisioning and password management, said the company.

Courion also has introduced Access Insight which analyses IAM and other security data to identify and quantify risks to vital information such as intellectual property, medical records, personally identifiable information and customer data.

Access Insight is powered by underlying access intelligence engine identifies associations and patterns that might violate compliance guidelines, and company policies, or indicate hidden risks.

The product’s access intelligence cube structure helps customers to create near-real-time graphical profiles of the critical business, people, policy and security risks to information, replacing manual data sorting and static risk scoring.

Courion said the Access Risk Management Suite is available as on-premise software or as a pay-as-you-go SaaS (software as a service) offering called CourionLive and it provides full functionality with low start-up, operational and maintenance costs, as well as quick time to value, of a cloud-based offering.

Access Risk Management Suite enables companies to open their information systems to partners, customers and suppliers while identifying, quantifying and managing information security risks.

Courion Products and Marketing senior vice-president Dave Fowler said customer self service, mobile access, information in cloud offer new opportunities but they also bring with them new risks.

"The Access Risk Management Suite is built on a state-of -the-art Access Intelligence engine designed to help organisations confidently utilise their information systems to drive their business by giving them the visibility and tools to effectively see and manage their access risks," said Fowler.