Implementing a comprehensive solution to GDPR
Building a portal to consolidate personal data from multiple systems
Implementing a comprehensive solution to GDPR by consolidating personal data from multiple systems on a GDPR-compliant portal, built on the solution on Informatica MDM.
With a consolidated source of data rights information, the company can be confident that it is GDPR-compliant.
With a consolidated source of data rights information, the company can be confident that it is GDPR-compliant.
Safety
Compliance with GDPR regulation
Effectiveness
Better-targeted marketing campaigns
Single view
Creation of a customer golden record to be used
Based in the U.S., Informatica is a data and software company that has recently focused on cloud transformation. The company offers a cloud-agnostic approach that accommodates any data on any platform, any cloud, for any user in multi-cloud and multi-hybrid environments. With a low-code/no-code approach, companies can get fast access to modern analytics and AI in the cloud to generate business insight, faster. Informatica serves around 9,600 clients globally.
Challenge
Challenge
Adopting a strategic approach to data rights
- The General Data Protection Regulation (GDPR) seeks to ensure the fair and proper use of information about people.
- In financial institutions, data protection is fundamental to innovation and building customer trust – people must be sure their data is not being misused and under GDRP, data breaches carry massive fines and huge reputational risk.
- This leading insurer needed a single data rights solution that consolidated data held on multiple systems across the enterprise.
Engagement
Engagement
The need for a customer golden record
- The unique portal collates data from six disparate sources to provide a single version of the truth.
- GFT built the solution on Informatica MDM, which manages data around the “data subject” using a definition of rules that are aligned with GDPR compliance requirements.
- Data recorded includes: personal data, records of consent, reference keys of source systems, references to external sources related to the data subject.
- The solution also manages data subject access requests and offers a full audit trail of data rights interactions.
Benefit
Benefit
GDPR compliance assured
- The company has a single, secure repository for all data rights information that enables GDPR compliance and can be easily adapted to meet evolving data rights requirements
- With a consolidated source of data rights information, the company can be confident that it is GDPR-compliant and can demonstrate this if required
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Success story
Implementing a comprehensive solution to GDPR