Bringing total trust and control back to financial data
The banking and financial services industry is going through a period of rapid transformation, moving to a much-needed environment of transparency, security and data control. Initiatives such as Open Banking, PSD2 and GDPR will bring considerable change to how financial data is stored, shared and used.
Financial organisations have a moral and legal responsibility to satisfy a variety of requirements including consent, governance, and the ‘right to be forgotten.’ Traditional database technologies are unable to fully verify whether sensitive data has been viewed, accessed or otherwise tampered with once it’s been shared externally.