Financial ServicesCompliance with your recordkeeping, regulatory reporting and governance requirements.
Arkivum provides the end-to-end managed solutions you need to archive your data in a secure and compliant manner for the long term.
BCS interview with Arkivum CEO Guy Yaniv. Archiving as a managed service: why & how?
Meet regulatory standards via robust long-term data management
Your data feeds your business every day, from email to the myriad of applications used daily. But today, it must do more than that – increasingly, businesses must prove they are preserving certain records and data in an assured manner, with compelling new legal directives to enforce change.
Achieving this has proven to be a weighty task, causing disruption and costs to financial firms and their IT and compliance departments. But the cost of inaction can be even greater. With Market Abuse Regulation (MAR), and MiFID II coming up and the vastly more punitive EU data protection regulations of GDPR in force from 25th May 2018, hundreds of pages of regulatory guidelines must now be confronted.
Shield is a complete compliance recordkeeping solution, covering the full scope of recordkeeping, compliance archiving, and trade surveillance. Shield helps organisations to make sure that their archived data and related processes are compliant, assuring every technology layer from capture through to e-discovery.
“We are very happy to launch our partnership with Arkivum. Our customers are increasingly concerned with data sovereignty and integrity, guaranteed chain of custody governance and expect a comprehensive solution that addresses compliance requirements. Arkivum is our partner of choice for helping our customers overcome these challenges.”Brian Hansen
GDPR: Get data under proper management with Arkivum
The EU General Data Protection Regulation (GDPR) will be enforced from the 25th May 2018, with major implications for any organisation holding or processing personal data on EU-resident subjects. By common consent, Brexit will not be a factor, i.e. UK firms need to prepare for the changes. Meantime, survey after survey have revealed inadequate levels of preparedness at organisations spanning every industry sector.
How your organisation prepares and executes its GDPR plan is crucial. Time is running out, and the consequences of non-compliance could be grave.
Compared with the UK Data Protection Act, GDPR is much broader in scope, more prescriptive and backed up with considerably sharper teeth. Fines can reach 4% of turnover, which would have resulted in 8-figure fines for some organisations that have been found in breach of the DPA in recent years.
Arkivum is here to help at every phase of your GDPR journey. Regardless of your organisation’s type, size, and level of GDPR maturity, Arkivum can offers valuable insight from asking the right, incisive questions about your organisation’s approach to personal data at the beginning of the process, to providing the necessary technical solutions to mitigate risks and to provide effective long-term data lifecycle management and governance.
We can help with requests as diverse as supplying training resources for your employees, to performing personal data risk audits as part of a process of technical transformation.
GDPR: A technical perspective from Arkivum
Piece by Arkivum CTO Dr Matthew Addis
Dr Addis shares a technical perspective on what organisations need to consider regarding the impact of GDPR, and the ways to manage GDPR risk.
More Regulations, Bigger Challenges
Simply put – much more data must be archived and it is no longer enough merely to trust that the data will be there in future. Effective management and governance over archived data is an integral part of a long-term compliance strategy.
“We are pleased for Arkivum to be the first of many expected vendor and channel announcements, taking our affordable GDPR course to their customers. We are also working with Arkivum and other vendors to ensure they receive the best advice possible to align their own solutions with the GDPR needs of clients, increasing customer value and driving new sales for the vendor.”Ian Moyse
Sovereignty and Control
Arkivum’s data safeguarding solutions are designed to be transparent and easily integrated.
Arkivum will take proactive steps to identify and quantify the sources of possible lock-in risk, and to provide the means to retain the original files while creating archive-ready, future-proofed, readable copies.
Interested in Financial Services resources?
We have a great selection of financial services related webinars, white papers, case studies and videos for you to see over in our resource library.
Talk to us
To find out more about our solutions and to start securing your data today and for the future, please call us on +44 (0)1249 405060, email us at firstname.lastname@example.org or complete the Contact Form below and we will follow-up with you directly.