Compliance is a core tenet of financial services organizations’ day-to-day operations. And the stakes are high, as regulatory fines are steep and climbing. Know Your Customer (KYC) compliance is just a piece of the overall compliance puzzle—but it’s an important piece. In 2022, global fines for failing to prevent money laundering and other financial crime surged more than 50% according to the Financial Times.
S3 Lake Formation with Apache Iceberg enables ACID compliance, the key to data lake governance and regulatory compliance.
By now, most healthcare leaders know that their sector is a top target for ransomware.
Managing a delivery team that supports any complex business requires aligning people and technology with the needs of your customers in order to deliver the software they need to run the business. Firms that operate within regulated environments like financial services, including capital markets also have to contend with external influence from regulatory partners—which can shape not only what you’re asked to do but also how you need to do it.
When deploying any application that holds customer or user data, both data compliance and data privacy are important areas to consider. Yet these two areas of data management are sometimes misunderstood. This blog post will shed some light on the differences between data compliance and data privacy.
Are you using any software that is related to an individual’s information? Anything that deals with patient data? Any applications or tools that deal with the data of a person or a group of people? If your answer is yes, then this question is for you. How compliant is your company’s software with HIPAA while dealing with all those details?
