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Over the past few months, we’ve been working with a major retail bank in preparation for the new General Data Protection Regulation.
The UK bank needed to understand what data it owned and the value of that data, as well as the imminent need to comply with GDPR.
Using AI.DATALIFT we analysed all of the data within a few days, allowing the bank to gain unparalleled insight into its corporate information.
Our software identified DROT (Duplicate, Redundant, Obsolete and Trivial data) that it no longer needed and classified the remaining data against its corporate retention and disposition schedule. The bank is now expanding its focus to fulfil Subject Access Requests as part of GDPR.
Mark Godfrey, CEO of Automated Intelligence, said “We are delighted to deliver this solution for a UK retail bank. The opportunity for the bank to take control of its data and comply with its internal information governance policies whilst reducing the risk and cost associated with the data is ground-breaking.
“Coupled with the requirements to comply with its obligations under GDPR, the bank is now in control of its data and has a platform upon which to run its information strategy going forward.”
To find out more information on how we helped this major retail bank prepare for GDPR, download our full case study below.