Fastpath Solutions | Top 20 SAP Solution Company - 2021
Fastpath Solutions: Making a Mark in Cross-Application Access Security, Audit, and Compliance
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CIOREVIEW >> SAP >> Fastpath Solutions

Fastpath Solutions has been recognized by CIOReview Magazine as the recipient of “Top 20 SAP Solution Companies - 2021,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Chris Aramburu, Senior Director – Risk and Compliance Solutions.

Fastpath Solutions
Making a Mark in Cross-Application Access Security, Audit, and Compliance

Fastpath Solutions

Chris Aramburu, Senior Director – Risk and Compliance Solutions
Many SAP-based businesses are adding a variety of enterprise applications both from SAP and other software vendors in search of best-of-breed solutions for their organization. While these integrated applications make the company more efficient and agile, they also create added security risks as administrators struggle to manage access risk as well as provision new users into each system. Without access risk evaluations and a controlled provisioning process integrated across these business-critical systems, manual provisioning processes can lead to unintended access, segregation of duties conflicts, fraud, and regulatory fines. These dynamics create the need for an automated access management solution that works for SAP as well as many other enterprise applications. Founded in 2004, Iowa-based Fastpath Solutions has been meeting this need with its cloud-based Fastpath Assure audit and security platform. Fastpath offers tools that help businesses secure their SAP systems for continuous monitoring and management of segregation of duties and other access risks.

Recently, Fastpath has turned its attention to providing a suite of SAP-related security products, starting with their Access Risk Monitor product which identifies segregation of duties conflicts and automates user access reviews and certifications. The product comes with out-of-the-box rulesets that customers can leverage as-is or customize to meet their specific needs and provides a framework that helps administrators create secure user roles without segregation of duties risk.

“We have been working with SAP solutions since 2018,” said Neil Hooper, SVP – Sales & Marketing, Fastpath Solutions, “and we have been releasing some specialized SAP capabilities which deliver unique value for our customers.”

Among those specialized capabilities are Fastpath’s Security Designer and SAP Custom Code Checker.

Security Designer is a role design tool for preventative security management. SAP customers can create or edit roles from Fastpath and perform an automated risk review before introducing them into their SAP environment.

SAP code customizations can often result in unmonitored access conflicts that are not addressed by traditional approaches. The Fastpath SAP Custom Code Checker evaluates custom code line by line and then maps it to the appropriate business processes or business functions within the ruleset with a click of a button. “Customers utilize the SAP Code Checker to streamline a traditionally manual process of reviewing custom transactions and programs. This enables organizations to develop a customized ruleset reflective of their specific risk universe and identify unmonitored risk,” explained Chris Aramburu, Senior Director – Risk and Compliance solutions at Fastpath Solutions.

Neil Hooper, SVP - Sales & Marketing

Recently, the company introduced Valuepath, a process to help their clients achieve the fastest time to value for implementations. A customer on-boarding team leads this effort with instructor-led training, an extensive knowledge base, and the Fastpath team of auditors and SAP experts that can help guide the process.

To ensure that its clients continue to be successful, Fastpath conducts quarterly business reviews to make sure they are getting the value they need out of the tool. “This enables us to articulate additional value propositions or strategic directions in terms of achieving compliance as they continue their journey,” adds Chris.

Fastpath’s ability to enable businesses to use a single console to manage segregation of duties across all applications and not just SAP is what makes it stand out

To consistently deliver value to its customers and introduce more capabilities, the company has been developing vertical and industryspecific expertise, which is significantly valued among SAP customers. Also, because the SAP ecosystem is dynamic, the team at Fastpath focuses on R&D to better prepare and equip itself to align with the direction of the market as new technologies specifically around SAP S/4HANA and a variety of cloud applications are introduced in the market. The company has also been working on expanding its partner network, associating with several global audit firms that also employ Fastpath’s software. “This area of business is quite helpful for our customers as the auditors themselves understand Fastpath well and can assist customers with their Fastpath implementations,” remarks Neil.

Fastpath’s ability to enable businesses to use a single console to manage segregation of duties across all applications and not just SAP makes it stand out from other access security applications. With its high-end technology solutions and toolsets, in-depth knowledge base, and experienced team of auditors, Fastpath has earned an excellent reputation in the market along with its clients’ faith. Over the years, it has emerged as a powerful tool that allows businesses to develop a great partnership with their audit teams.

Fastpath Solutions

News

Fastpath Unleashes New Certification Module in Latest Release of its Access Orchestration Platform

Wednesday, February 15, 2023

DES MOINES, IOWA : Fastpath Solutions LLC , announced the availability of its enhanced Certification solution, which provides more integrations and a faster time to value enabling IT and compliance teams to streamline and automate their user access certifications with entitlement-level user access reviews.

As businesses constantly change and evolve, it is inevitable that overtime, employees and contractors accumulate more access to applications than their roles require. Fastpath Certification helps to mitigate security risk by regularly verifying that users only have the appropriate levels of access their role requires. By automating user access reviews, Fastpath makes it easier for organizations to manage approvals and keep auditors happy.

“Security risks are evolving with breaches increasing in severity and number every day. Fastpath is committed to helping organizations protect critical assets and minimize risk,” said Charles Snellgrove, CEO Fastpath Solutions.

“Our enhanced Certification module drives down access risk with user-friendly, intelligent certifications, helping our customers prevent security risk and meet stringent compliance obligations.”

“With the constant increase of applications being used within organizations, manually collecting access data and then distributing it to the appropriate application owners for review is both time-consuming and prone to human error,” said Aidan Parisian, SVP Product, Strategy and Alliances, Fastpath Solutions.

“Fastpath automates and streamlines the user access certification process to make it easy for business managers, application owners, role owners and others to make informed decisions and meet compliance obligations.”

Fastpath Certification enables compliance teams to automate the regular extraction, mapping and distribution of entitlement-level access data to the relevant business application owners and managers. These lists of approvers can be created automatically using dynamic identity collections which increase flexibility and significantly simplify the creation and ongoing administration of certification campaigns.

Application owners and managers can quickly verify that current user access permissions are still appropriate and that end-users do not have excess permissions they no longer need.

Compliance teams can quickly monitor the progress of individual certification campaigns in real time. They can also significantly reduce the time it takes them to produce audit evidence and prove compliance using the repository of reviews.

The new Certification module adds support for the industry standard SCIM specification and incorporates integrations from the recent ideiio acquisition. Using these integrations, customers can quickly and easily add a wider range of enterprise applications including HR, finance, procurement and ITSM to their certification process. Compliance teams can now be more confident that they are meeting strict security and regulatory requirements as they are able to verify, secure and prove user access across more of their organization.

In addition, the new module has been optimized to be faster and more scalable allowing compliance teams to deliver greater value quicker than before.

The new Certification module provides customers with additional functionality so they can increase their overall level of security by controlling the instances of unapproved user access and can prove compliance without adding significant additional workload to their IT and audit teams.

ProofID announces partnership with Fastpath

Thursday, February 16, 2023

Identity management specialists accelerate growth with strategic partnership

SALFORD, England -
ProofID specialist providers of identity and access management (IAM) services announce their global partnership with Fastpath, the leading provider of identity governance and access control solutions. This strategic partnership will further expand ProofID's partner network and allows the offer of broader IAM solutions.

Founded in 2014, ProofID provides identity consultancy and managed services for enterprise customers across the UK, Europe and North America from its headquarters in Manchester and offices in Colorado Springs.

The partnership announcement follows a recent investment of £15million in ProofID from private equity investors Maven Capital Partners UK LLP and Fastpath's acquisition of ideiio, a leading Identity Governance and Administration (IGA) solution from ProofID.

Since 2004 Fastpath has been supporting businesses to continuously and seamlessly orchestrate their security, compliance and risk management across multi-site and multi-application environments. By integrating the ideiio IGA toolset, Fastpath provides organisations with the power to create and manage the complete picture of identities and their access, from the enterprise-wide role, right down to the lowest securable object, providing them with unparalleled control over their application risk.

Fastpath joins the roster of ProofID partners that includes IAM vendor Ping Identity where ProofID's technical expertise has earned it the title of Ping Identity Delivery Partner of Year for 4 consecutive years.

With the global IAM market projected to be $25.6 billion by 2027, identity security plays an increasingly critical role in every aspect of digital business. ProofID's relationship with Fastpath with further help to protect customer identities and prevent fraud.

ProofID's CEO Tom Eggleston commented, "We are extremely excited about our new partnership with Fastpath. Building on our existing experience as the leading ideiio integrator, which is now part of Fastpath, we will be able to deliver a much-expanded solution to our customers incorporating the full product offering.

"With these additional tools we can help firms to manage all aspects of their identity and access management from one single place. Our aim is to help our customers to be more productive while becoming more secure, and the partnership with Fastpath significantly enhances the ways in which we can do this."

Charles Snellgrove, CEO Fastpath added, "We are pleased to announce that we are expanding our relationship with ProofID to be a strategic implementation partner for Fastpath. We are delighted to be working with the team who have in-depth knowledge of the market. We select our partners extremely carefully because they are essential in ensuring our customers receive best-in-class advice and guidance to drive quick results from their identity and access controls journey."

Protect What Matters: Lock Down Your Online Retail Business During Peak Season

Saturday, December 09, 2023

Fastpath Solutions

As the holiday season approaches, companies eagerly prepare for the surge in online shopping that accompanies Black Friday and Cyber Monday. However, with the increased digital activity comes a higher risk of cyber threats that can compromise sensitive information, damage reputations, and disrupt business operations. We’re shining a light on the diverse threats that companies may face during the holiday season while considering what general, yet important, preventive measures can be implemented to ensure a secure experience for businesses of every variety and their consumers.

Taking Advantage of the Deals

Thanksgiving marks the kickoff of the holiday gift-giving season for much of the retail industry. With that comes increased customer traffic and without fail, stress on a company and their business systems. Hackers and other cybercriminals are very aware of the weaknesses that can come to light during this period and won’t hesitate to make their moves. Are your defenses reinforced?

While cyber threats are prevalent for the entire year, the holiday season is a great time to reevaluate your systems and provide another round of employee training. Using an array of methods, hackers can gain access to a system through either missing controls or controls that are not operating as designed. It can be a lot to cover since cyber security is a vast landscape but we’ve outlined some simple key points any business can focus on, no matter what solutions you have in place, so you can address what really matters:

1. Reinforce Cyber Security Training



Many cyberattacks can be attributed to human error, such as stolen credentials from responding to a phishing email. So even if cybersecurity training is one of your pillars in employee training and onboarding, now is a good time for company-wide refresher training, so it can remain in the forefront of everyone’s minds.

2. Review User Certifications



This is also the time to review access controls and user permissions. The owner of your business system should periodically review user access to make sure that the information employees have access to is still appropriate for their job functions. If something requires an update, have these controls adjusted as needed so nothing is left to chance.

3. Communicate with Consumers

Phishing attacks, while many people are aware of them, become commonplace during the holiday season. Take the time to remind not only employees, but also consumers how, where, and why you will communicate with them as well as information you will and will not require.

4. Double Check Your Systems

Make sure all your systems are up to date with all available software updates, any necessary password changes are complete, and there are no signs of malware. While these should be routine checks for your team, it never hurts to check again.

Fortify your Solutions

The busyness of the holiday shopping season doesn’t end after this whirlwind of a weekend, it’s only the beginning. It can seem daunting while there’s so much else to do but now is the time to check your security from all angles. Look for potential control weaknesses, find opportunities to make changes around these controls, and reinforce the importance of vigilance to your whole team. Making the effort now will provide you with increased confidence throughout the rest of the year and give you the right footing, as we welcome the new year. Preventive controls are the key and it doesn’t have to be complicated.

Protect What Matters

If you're looking to fortify your security strategy and safeguard your organization's digital assets, Fastpath offers robust solutions that can help you achieve these goals. To explore our comprehensive suite of security tools and gain in-depth insights in the functionality Fastpath provides, please visit our website or connect with one of our advisors. Your path to a more secure future starts here. Protect what matters with Fastpath.


Top 20 SAP Solution Companies - 2021

Company
Fastpath Solutions

Headquarters
Des Moines, IA

Management
Chris Aramburu, Senior Director – Risk and Compliance Solutions and Neil Hooper, SVP - Sales & Marketing

Description
offers a cloud-based audit platform that allows businesses to review segregation of duties and provision access across multiple applications using a single dashboard.

Top 20 SAP Solution Companies - 2021

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