After months in the making we can now announce some VERY exciting news for all of us here at Automated Intelligence…
Today marks the launch of our brand-new regtech platform, hivera, a data management platform specifically created for managing regulatory risk within unstructured data for the financial industry.
Financial services organisations (FSOs) are operating in an increasingly regulated environment and the need to bring unstructured data under control to address this has been the drive for us to offer a dedicated platform.
Risk and compliance teams within FSOs can now, for the first time ever, visualise and mitigate the regulatory risk in their entire unstructured data estate.
It’s estimated unstructured information could be as much as 80% of an organisation’s data and until now, there have been many challenges associated with discovering, analysing and managing it.
Through hivera we’ll be improving data analysis, data privacy, data protection and the risk mitigation capabilities of our clients.
So, what does hivera do?
- Through the hivera dashboard, firms are presented with a risk score which correlates to the regulations they are subject to.
- In-depth insights enable them to visualise and address key compliance and regulatory risks within data (i.e. retention-related, security-related or personal and sensitive data.)
- User-friendly reporting modules means FSOs can quickly and easily provide compliance updates within the organisation or to regulators.
In addition to significantly reducing regulatory risk and minimising human error, the hivera platform also offers huge resource, time and cost savings through automation.
This is achieved through polices which enables ongoing data compliance and remediation, such as performing deletions or archiving according to organisational retention schedules.
Our CEO Simon Cole said, “This is a significant day for Automated Intelligence as we’ve been working away in the background for many months in order to bring our vision to life.
“The financial industry is a hugely important sector for us and by launching a new and dedicated platform, we can really transform how financial services view and manage their unstructured data.
“Automated Intelligence will continue to serve industries as diverse as Central and local government, health, public safety, media, construction, and everything in between, to help them understand, cleanse, govern, migrate and manage their unstructured information.”
To find out more visit hivera.ai