Starting May 25th 2018; you must be able to prove compliance with European privacy regulations (AVG/GDPR) at any time. If you are not able to show that you are in control, you risk fines, reputation damage and possibly a loss of your license to operate.
These risks are easily prevented by means of innovative SynerScope technology. Use our platform to find all relevant data, either structured or unstructured and open it up for control, data government and maintainability. This way you are immediately able to become GDPR compliant.
All banks are required to perform different kinds of customer investigations for various reasons. Know Your Customer (KYC), Customer Due Diligence (CDD), Periodic Due Diligence (PDD) and Anti Money Laundering (AML) are just some of the typical, and to a large extend manual processes.
To keep costs in check SynerScope delivers a better triage that reduces the number of files to be inspected. This will significantly lower the cycle time of the individual client files from 4 hours to 20 minutes per file.
Regulators are starting to focus on bringing substantially more customers under review, driving the need for improving economics with SynerScope.
For a CDD review, multiple sources of reliable and recent information are needed and investigators are asked to review it for particular areas of risk.
SynerScope’s software solution automates the locating and knowing of your privacy sensitive data. We provide a solution that also brings transparency to all your unstructured and dark data. Where other solutions take months we bring clarity within days.
We can help you be compliant with GDPR without having to replace your critical existing automation, by analyzing and assessing your whole data lake of structured and unstructured data.
SynerScope is a High-Tech Dutch software company, founded in 2011 as a spin-off of Eindhoven University. The company focuses on developing techniques and products to process big amounts of complex data faster than traditional solutions. Resulting in easy to use, affordable and highly effective technology. In order to support you when you need data the most, to take important management strategic or daily operational decisions, or to show you new strategic business opportunities at one glance.
The company currently employs 27 people that deliver next-generation data platform solutions Ixiwa and Iximeer.
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