General Data Protection Regulation (GDPR) has brought a whole new perspective when it comes to customer data collection, processing and security. It has enabled customers to take more control over their data and increased their awareness of potential risks of data misuse while imposing the new set of rules on organizations.
In order to facilitate the alignment of your business to GDPR principles, Asee SEE has developed a comprehensive solution, GDPR Governance, that provides a standardized integration mechanism to different filing systems.
Key benefits
Personal data management from one place
Bank’s information systems are complex, composed of many different components that include modules and applications. Personal data is processed within most of the components. Asee GDPR Governance solution provides you with a centralized view of all personal data of a customer, regardless of the part of the bank's information system in which this data is processed.
Centralized consent management for personal data processing
A bank or some other organization may process clients' personal data on various grounds. The bases for data processing can be explicit consents through which the client gives their consent for data processing, and they can also be implicit bases for processing that the system generates based on the interactions between the client and the bank. Given the complexity of the bank's information system, it is necessary that a single place to manage customer consent exists, and that is exactly what this solution provides.
Automated process of termination of personal data processing for timely compliance
GDPR mandates every organization to stop processing personal data at a time when there is no more basis for data processing. The purpose of the automated process of termination of personal data processing is timely termination of personal data processing, in order for the bank to meet the legal obligations arising from the GDPR in a timely manner. High flexibility and configurability of this functionality enables that each bank can define this business process according to it requirements while staying compliant.
Meet your customer request on time with customer request management from one place
Under GDPR, customers - personal data owners have been given a large number of rights that were not available to them before. They exercise their rights through various requests that they can submit to the organization that processes their personal data. In order to be able to meet customer requirements in a timely and efficient manner, it is necessary to manage requirements from one place, through strictly defined business processes, which clearly specify the rights and obligations of all participants.
Flexible technology
The platform on which this solution has been developed offers a high degree of flexibility in creating and customizing business processes, which are the essence of the GDPR Governance solution.
Digital APIs enable quick and easy connection of this solution with all parts of the bank's information system, which represents an important advantage considering that the GDPR Governance solution is an umbrella application for managing clients' personal data.
The new Asee platform allows you to run the solution with equal success on a large number of different devices, which provides additional flexibility in handling customers’ personal data.
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In Serbia and the countries of the region, outside of the EU, harmonization of the legislation with the General Data Protection Regulation (GDPR) is in progress. All organizations in Serbia which process clients’ personal data have the deadline till August 23rd to be aligned with GDPR.
