What is the best SIEM tool for a large financial services firm?

Do you have recommendations for the best SIEM tool to invest in for a large financial services provider? What particular features of your recommended tool make it the best choice?

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Real User


First off, look for a SIEM that offers customized content for financial services. Use cases such as SWIFT fraud, insider threat and data exfiltration, trade surveillance are the sort of support you should be looking for. 

I work for Securonix, and our solution has content tailor-made for the financial services industry. Specific financial services firms may have different requirements, but our prebuilt content provides broad coverage. Needless to say, I would recommend Securonix, but one aspect to consider with any solution - for financial services, the creation of new threats is much faster than for other industries. Consider a SIEM tool with strong analytics (UEBA) pedigree and good data ingestion and scaling capabilities.

Find out what your peers are saying about Splunk, LogRhythm, IBM and others in Security Information and Event Management (SIEM). Updated: August 2020.
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