Financial Services

Financial Services

Hybrid GDPR Data Privacy for Cross-Border Financial Services

Millions

of sensitive records tokenized in six months

Hundreds

of SWIFT files tokenized

No new

mainframe or data center in Europe

The client

A global financial services firm that specializes in proxy and shareholder communications. Its core applications run on a mainframe in the United States, but key business data comes from Europe.


The problem

Moving European customer data across borders raised the risk to personal data under GDPR.

  • No single vendor product fit the firm's mix of systems and requirements.

  • Rebuilding the infrastructure in Europe would have cost too much.

  • Building a custom product would have taken too long for the deadlines.


What we did

  • Combined a masking and data virtualization platform with a tokenization product in one hybrid setup, connected through APIs.

  • Automated mainframe masking with self-service templates and virtual copies of databases.

  • Profiled the applications and set security policies to find, classify and protect every sensitive data element.

  • Wrote custom masking algorithms and analyzed the mainframe CopyBooks.


The result

  • Hundreds of SWIFT files and millions of sensitive records tokenized in six months.

  • European data processed across borders in line with GDPR, without a new mainframe or data center in Europe.

  • A repeatable setup the firm can extend as it grows in the EU.


Tools and systems

A masking and data virtualization platform, a tokenization product, custom masking algorithms and CopyBook analysis on the mainframe.