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Netskope outlines managed SASE solution for financial institutions with FIS partnership

Financial institutions face increasing complexity in securing application and data access due to cloud adoption, hybrid work models, and evolving regulations. Netskope and FIS have collaborated to provide a managed Secure Access Service Edge (SASE) solution, integrating networking and security to address these challenges for banking organizations.

Research overview

The Netskope One SASE platform consolidates networking and security within a single architecture, incorporating components such as Software-Defined Wide Area Network (SD-WAN) and Security Services Edge (SSE). It uses a patented Zero Trust Engine and operates over the NewEdge global network, with centralized management through a unified console that simplifies policy and operational control across multiple tenants.

FIS applies its expertise to customize and operate SASE environments for its financial institution clients. Their managed services include deployment, testing, and ongoing support, focusing on maintaining secure access and data protection in distributed work environments.

Key findings

Financial institutions using the Netskope-FIS solution can secure web, cloud-based Software-as-a-Service (SaaS), and Generative AI (GenAI) applications for hybrid workforces through the Netskope One Client. The platform also supports bank branch transformation by delivering secure and reliable connectivity for branches, ATMs, and cloud services using SD-WAN technology.

The solution facilitates complete replacement of legacy Virtual Private Networks (VPNs) using Netskope One Private Access, which supports various traffic flows including client-to-server and bi-directional communication, enhancing network security and performance.

Operational impact

The partnership offers access to specialized expertise combining Netskope’s SASE platform capabilities and FIS’s financial industry knowledge. This collaboration assists institutions in meeting regulatory requirements and minimizing disruptions by deploying established best practices.

Through managed services, FIS enables faster deployment and issue resolution compared to typical internal IT teams, allowing financial organizations to allocate resources toward strategic objectives rather than operational challenges.

Cost and scalability considerations

The managed SASE model reduces upfront capital expenditures and lowers the management burden. Its Operational Expenditure (OpEx) structure provides predictable costs and supports scalability, facilitating alignment with institutional growth and IT planning.

By transitioning to this service, financial institutions can reallocate IT personnel to focus on strategic initiatives while benefiting from continuous platform innovations and 24/7 operational support.

This Blog Signals brief summarizes key points from the Netskope and FIS joint blog on managed SASE solutions tailored for financial institutions, emphasizing operational, security, and cost aspects relevant to enterprise decision-makers.