Share

If you are a financial services organisation that collects and processes customer data, the General Data Protection Regulations (GDPR) will be applicable to you. With the implementation deadline of May 2018 fast approaching, you need to act now to ensure your data is compliant and your policies and processes meet your future obligations.

Understanding and interpreting the rules, undertaking the data audit and implementing new processes and procedures are all onerous and require considerable time and resource. We’re helping a number of clients get GDPR ready through bespoke solutions based on the level of support they need.

How can we help?

Our GDPR solutions aim to help firms of all shapes and sizes get prepared for compliance with GDPR in time for the deadline. But timing is critical! Firms that leave it too late will find their compliance costs will increase exponentially as more resource will be required to deliver the auditing work.

GDPR Audit & Future Proofing

We are in the process of helping a number of firms conduct a comprehensive data audit, providing guidance on the changes required for compliance and ensuring their processes are future proofed post-May 2018.

Many firms have significant legacy data that will require significant investment of time, budget and resources to audit. Coupled with the requirement to update all policies, procedures, systems and controls, as well as train staff on their new obligations and processes, many firms will find it extremely challenging to meet the 2018 deadline, even if they start now.

We will provide you with a bespoke solution that works with, or augments your existing resource, increasing your capacity to audit your data and providing essential oversight to ensure it is conducted in the most practical and efficient way possible. Furthermore, we will future-proof your processes and procedures to make sure the data you collect and process in the future will be GDPR compliant.

If you haven’t started to look at your GDPR obligations yet, this solution is the most effective method for making sure you are ready on time.

GDPR Framework & Assurance

Small firms without significant amounts of legacy data may have the capacity and resources to undertake the majority of the work required to get GDPR ready themselves. However, with little guidance from the ICO, it can be challenging to interpret the rules, determine what data should be in scope and what changes to processes should be made.

Our GDPR Framework & Assurance solution provides desk-based guidance on what should be covered in a typical audit, what changes need to be made to standard businesses and bespoke assurance that the key areas for GDPR compliance have been adhered to.

This is a cost-effective solution for small businesses with limited legacy data and simple data collection and processing needs.

We are looking for firms to undertake a pilot of this new solution. As one of the first firms to test, you will benefit from the opportunity to collaborate with TCC and a reduced price. To register your interest, please email us and we will contact you to discuss in more detail. 

Why partner with TCC?

  • Expertise – we are helping a number of firms meet their GDPR obligations.
  • Proactivity – all our solutions are future-proofed so you can be sure of enduring benefits.
  • Value-driven – our solutions are cost-effective and proportionate to your organisational requirements.

Make sure you are GDPR ready!

Speak to our GDPR specialists today to find out how we can help you

Latest Insights

Overcoming the Compliance Resource Vacuum

As a result of the increasing regulatory burden, firms need to ensure that their compliance team has the right knowledge and skills. We explore how can ensure they can respond to regulatory pressure and change.

Subscribe

The latest insights and regulatory analysis straight into your inbox

Find out more

How can we help?

Speak to a culture and conduct risk expert today

Contact us

Find out more about our unique RegTech solution at recordsure.com