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The total number of identities to be managed by RM5 IdM could be up to 4.5 million by the end of 2013.

“I am excited to announce that If P&C Insurance has chosen RM5 Software IdM solution as the core of its next generation customer portal”, said Kalle Palomäki, CEO of RM5 Software. “Entitlement lifecycle management and the ability to model actual business situations are key requirements for new electronic services that large organizations, such as If P&C Insurance, are launching. With RM5 IdM, organizations can quickly deploy centralized entitlement management solution to new and existing electronic services”, he added.

“I am very happy with the cooperation between RM5 Software and IF P&C Insurance”, said Anders Almgård, Chief Information Security Officer at IF P&C Insurance. “We selected RM5 due to our demanding needs to manage Identity Management within our new web services. With RM5 solution, we can delegate the user rights management of IF services to external organizations. This allows for example our insurance brokers to administer their customers’ insurance contracts. Furthermore, by deploying RM5 solution we can reduce our administrative overhead and also increase the end user experience”, he continued.

RM5 IdM is a fast-to-deploy identity and entitlement lifecycle management solution that enables a business driven approach for managing entitlements of both internal and external users. Functionalities such as Power of Attorney and Service Agreement enable organizations to delegate entitlement management and align it with their actual business models. With comprehensive reporting and auditing, organizations can ensure they meet access governance audit requirements.

RM5 Entitlement management at IF by numbers:

-        1 Insurance company

-        3 Business units (Industry, Commercial, Private)

-        ~1 200 Industry customers

-        ~320 000 Commercial customers

-        ~3 000 000 Private customer

-        In total this could be up to 4.5 million identities.

RM5 IDM is currently under implementation and the first phase is targeted to go live by the end of Q4/2011.

RM5 Software:
RM5 Software is a leading company in the Nordic region that provides identity and entitlement management solutions for public and private organizations. We provide unique solutions to businesses that enable efficient management of external user identities. The company was founded in 2008 and is headquartered in Helsinki, Finland.

IF P&C Insurance:
If is the leading property and casualty insurance company in the Nordic region as well as to Nordic customers with international operations. The head office is in Solna, just outside Stockholm, which is also the registered office of the Board of Directors.

RM5 Software
Kalle Palomäki
firstname.lastname@rm5software.com
Tel. +358 50 5422 645

IF P&C Insurance
Anders Almgård
firstname.lastname@if.se
Tel. +46 706 96 18 97

PRESS RELEASE

RM5 Software appoints new CEO

Helsinki, Finland – 12 April, 2011 – RM5 Software, the leading identity and entitlement software development company is delighted to announce the appointment of Mr. Kalle Palomäki as the company’s new CEO. 

Kalle has over 10 years’ sales and marketing experience working with global software companies (including Adobe and Synopsys). He brings extensive international experience in both software and security sectors to RM5 Software, having worked with many Fortune 500 organizations, including the world’s leading banks.

Mr Palomäki has an MBA in International Finance, from Helsinki School of Economics, and an MSc. in Computer Engineering, from Tampere University of Technology.

“We are very pleased to appoint Kalle Palomäki to the position of CEO at RM5 Software,” said Markku Montonen, Chairman and Founder of the company. “We are confident that the company will benefit from his dynamic leadership, competence, and substantial experience of international software sales and marketing.”

“I am very happy to have Kalle developing and expanding the RM5 success story to the next phase. We now have a CEO who is experienced in building good relationships with large customers and partners world-wide in multiple market sectors. Kalle will undoubtedly build on what we have established, and accelerate company growth and reach new international markets.”

Mr Palomäki added,” I am looking forward to building on the technology leadership that RM5 Software has established in the identity and entitlement management arena and I look forward to taking the company to new markets.”

For further information please contact:

Markku Montonen, Chariman, RM5 Software

Tel. +358 207 870 349

Email markku.montonen@rm5software.com

Kalle Palomäki, CEO, RM5 Software

Tel. +358 50 5422 645

kalle.palomaki@rm5software.com

About RM5 Software

RM5 Software is a Nordic, internationally noted and award-winning software product vendor specializing in Entitlement Management. The company’s customer base consists of large and mid-scale public and private sector organizations across Scandinavia.

The RM5 IdM portfolio offers a business-centric solution, unique features and covering functionality that has been used successfully in a range of demanding entitlement management business cases since 2003.

More information: www.rm5software.com

Heimore Group and RM5 Software have agreed on a Nordic partnership. RM5 Software produces RM5 IdM, a next generation IdM solution.

– RM5 Software´s approach in this area is very similar to ours, explains Sami Mäkelä, CTO of Heimore Group, a strong Nordic Identity and Access Management service provider. The data model is more business centric, and the terms are more concrete, continues Mäkelä.

Today RM5 IdM is found in Insurance companies, financial institutions and public organizations in Finland and Sweden. The product is also currently introduced into German speaking Central Europe. With this contract Heimore and RM5 can also expand their co-operation into Norway and Denmark.

– We have operated close to our Swedish customers for almost two years. The contract with Heimore opens the market for us in a much more greater width, tells Christian Sundell, RM5 Software´s Vice President, Sales & Marketing.

–From the customer IAM process delivery point of view Heimore and RM5 complement each other. We also get knowledge to package the RM5 IdM product with Heimore services in new ways, which have not earlier been available in Finland either, continues Sundell.

RM5 IdM can be used to manage both internal and external users and services (applications). The unique product features cover among others:

• control entitlements through power of attorney
• define entitlement matrixes for individual objects

Through power of attorney the entitlements can be defined for example between a company and its suppliers: the company gives its insurance supplier (broker) the power of attorney to manage the company´s employees’ pension agreements, instead of using its own resources.

Defining entitlement matrixes for individual objects makes it possible to use highly fine grained and flexible entitlement structures, using the same data model.

RM5 IdM includes an innovative user interface for administrators and also an effective user interface for business unit managers, for taking delegated entitlement management decisions as close the business operations as possible.

Heimore Group

Heimore Group is innovative Nordic IT service vendor, who delivers according its value proposition Secure and Usable IT –solutions. In Heimore there are 30 consultants with broad knowledge within usability, project management, management and governance, IT architecture need specification and information security area.

RM5 Software

RM5 Software is a Nordic, internationally noted and prized software product vendor specializing in Entitlement Management. RM5 IdM offers a business centric solution, unique features and comprehensive functionality that has been used successfully in demanding entitlement management business cases since 2003.

RM5 Software technology manages half a million identities through delegated administrators in several thousand business units in total of 200 e-services, as internal or external service. RM5 IdM is especially strongly represented in banking, finance and insurance verticals. RM5 IdM, however, scales very well to different environments.

Gartner Research has noted RM5 Software through taking it to its vendor list in “IAM as a Service Vendor” –category. Gartner has also referred to RM5 in several IAM and Entitlement Management reports during 2010. IAM analyst Kuppinger & Cole has awarded RM5 Software as a Hidden Gem –vendor 2010 and with the European Identity Award 2010.

RM5 service offering is completed with partner´s consulting-, implementation and outsourcing services.

More information:

Christian Sundell VP Sales & Marketing, RM5 Software +358 40 1966 577
Sami Mäkelä CTO, Heimore Group +46 702 622 533

• Entitlement Life Cycle Management: The Evolution of Role Life Cycle Management (Author: Perkins, Earl)
• Entitlement Life Cycle Management: Access Control Through Entitlement Resolution (Author: Perkins, Earl)
• Hype Cycle for Identity and Access Management Technologies 2010 (Author: Kreizman, Gregg)
• Hype Cycle for Governance, Risk and Compliance Technologies 2010 (Author: Heiser, Jay)

Gartner Research has also merited RM5 Software by including it in its vendor listing in IAM as a Service vendor category.

Here’s an excerpt:

Choosing a solution is always difficult and it is highly correlated to business use case. If the focus is on internal users one can succeed with more basic solution. But if the focus is on external users things are often more complicated. Traditional two dimensional role based solutions have great difficulties in coping with complex use cases and changing business needs. A next generation’s entitlement management solution brings a new business centric approach, multi-dimensional model and process-enabled business level services.

Read the complete article in IDG Connect Blog!

Read more about Hidden Gems Vendors on Kuppinger & Cole website.

Version 3.1 includes several new features such as

• XML based reporting
• Several usability improvements such as wizard functionality for entitlement requests
• All new Web Services interface
• Support for Norwegian languag

Awards were given in six categories. Besides the award for “best innovation” in IAM or GRC, the categories include best program or initiative in internal projects, B2B, B2C, Cloud Computing and eGovernment/eHealth.

Vendors, system houses, consultants and enterprise users were asked to submit suggestions for the award. Additionally, the shortlist included projects and initiatives that have come to the attention of Kuppinger Cole analysts over the course of the last 12 months. The three award winners in each category were chosen from this list.

RM5 Software ja Finnish State Railways received an award in the “Best Project B2B” category for the centralized entitlement management project within VR Group.  From VR Group the award was received by CIO Jukka-Pekka Suonikko.

Additional information: RM5 Software, Vice President Sales & Marketing Christian Sundell christian.sundell@rm5software.com tel. +358 40 1966 577

The event format allows for discussion to develop your own knowledge and the marketplace for the major technology topics such as user rights management, identity management, Governance, Risk, Compliance (GRC) and cloud services.

Tapahtumassa jaetaan myös vuoden 2010 European Identity Award. In the event the 2010 European Identity Award will also be given out. The award is wants to honor the most important European IAM-projects over the past 12 months. The VR Group project  implemented in 2009 by RM5 Software has also been nominated for the award in the B2B category.

RM5 Software is also participating in the event forthe second time as an exhibitor.

Pekka Hagstrom from RM5 Software also appears as an invited speaker at the event. Hagström puhuu yhdessä uuden merkittävän asiakkaamme kanssa Hagstrom speaks with a significant new customers about the Entitlement Lifecycle Management from a business perspective.

European Identity Conference (EIC) is the place to meet with enterprise technologists, thought leaders and experts to learn about, discuss and shape the market in most significant technology topics such as Identity Management, Governance, Risk Management and Compliance (GRC) and Cloud Computing.

Hot Topics 2010

• Lean IT: Creating more Value for less through Identity Management & GRC
• Business / IT Alignment
• Rising Maturity: Expansion & Replacement Best Practices
• Finding the Best Possible Response to Top Information Security Risks
• Extending Identity based Information Security into the Cloud
• Solving the Identity Issues of Virtualization
• Safely Managing Privileged Identities
• Access Governance – Controlling access and ensuring information and system security
• Role Based & Attribute Based Access Control (RBAC vs. ABAC)
• Integrating Identity, Roles and Data Loss Prevention
• Privacy & Regulation
• Consistent Approaches for Authentication and Authorization