The AI Identity Crisis: Balancing Innovation with Strict Compliance in the Financial Sector
As AI transforms the enterprise, the financial sector, including banking, financial services, and insurance (BFSI), is deliberately slowing deployments to prioritize risk mitigation, resulting in lower adoption rates.
Yet even as firms express confidence in their ability to scale AI, new survey data from Enterprise Management Associates (EMA) reveals a critical roadblock: legacy Identity and Access Management (IAM) systems are not keeping pace. Compared to other sectors, financial institutions report significant shortfalls in key areas such as resiliency (11.8%) and security (10.8%)—gaps that directly impact their ability to safely implement AI.
This operational disconnect has led to what can be described as a “SaaS paradox.” Financial organizations are 17.2% more likely to prefer all-in-one platforms, yet they still require deep customization and large scale to function.
Join Ken Buckler, Research Director at EMA, and Damon Tepe, Head of Product Marketing at Ory, for an insightful webinar as they:
Unpack these new survey findings and compare financial services data with broader industry trends
Examine where traditional IAM platforms fall short in supporting emerging agentic AI use cases
Explore how a composable IAM approach can help organizations innovate without compromising compliance