Now more than ever, financial institutions must improve their record-keeping and data management systems to ensure systemic failures don’t continue.
In recent years, we’ve seen some financial services companies lack the record-keeping rigour to easily produce records of how decisions support the best interests of the customer. RecordPoint helps you understand all your data, even data within licensee systems, so you can make better data-driven decisions.
Financial Services are highly regulated, so the more you minimize risk the easier it is to avoid significant penalties and reputational damage. Once you have a continuous data inventory and categorization process in place with RecordPoint, you can make better decisions on data migration, minimization, and privacy.
Our unique manage-in-place architecture reduces the recordkeeping burden on end users. Combined with our AI and ML capabilities for automated classification and Personally Identifiable Information (PII) signaling, RecordPoint helps drive operational efficiencies across your financial services business.
RecordPoint helps you stay on top of it all.
Our expert teams across the globe understand the challenges these regulations pose for your financial institution and are well versed in the regulatory bodies, legislative obligations, and best practice.
Europe & United Kingdom
Recently adopting the RecordPoint platform BNZ has benefited from improved data classification, management, and retention capabilities across an array of systems and information platforms. This will improve the organization’s compliance and privacy posture while driving enhanced productivity and collaboration capabilities for all staff.
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