Ataccama implemented centralized consent management and authorization for the bank’s customer data, making it clear to all group members and departments which data could be legally used for which purposes. Our solution laid the foundation for the group’s compliance with GDPR legislation, focused on the controlled use of personal information within the organization, and limited retention and transfer outside of the European Union. The solution was designed to allow for extension to future data privacy and protection regulation, including that governing the buy and sell process of personal information, such as CCPA.
The banking group aimed to build a customer data integration hub that was modern, robust, scalable, and fully operational, and which would consolidate and provide customer data across the bank and all daughter companies. Ataccama worked with the group to incorporate regulatory and legislative rules and constraints into their data hub, ensuring all data was accessed, shared, and processed in accordance with internal directives and European law.
Ataccama’s solution targeted four company goals:
Implementing the solution for the banking group was especially complex, given that it needed to be done across an entire group of companies that shared data. We were able to determine precisely which companies in the group could use which data and for which specific purposes, and make this information clear to all data users group-wide. We successfully translated laws and regulations into easily understood data management rules, and incorporated all consent data, customer data, and regulatory and legislative rules into our wider MDM-based solution.
We made the banking group’s customer master data more reliable, enabled accurate prospect identification, and centralized consent management and authorization with Ataccama ONE MDM—a high-performance platform module that makes consistent, accurate, and up-to-date data instantly available across a broad range of enterprise applications and systems.
Ataccama’s approach to individual rights management on the data level covers:
Ataccama has the experience and technical know-how to translate law and regulation into a comprehensive data solution.