Implementing a comprehensive solution to GDPR

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.

Implementing a comprehensive solution to GDPR<br/> — Implementing a comprehensive solution to GDPR

Safety

Compliance with GDPR regulation

Effectiveness

Better targeted marketing campaigns

Single view

Creation of a customer golden record to be used

Partner

Informatica

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

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

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 of 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

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 is is GDPR compliant and can demonstrate this if required