Vaultastic offers modern data resiliency solutions for banks, insurance and financial services organizations to combat cyberattacks, ensure regulatory compliance, and customer trust.
Growing data risks for financial services business
The rapid digitization of the banking and financial businesses is generating large volumes information that needs protection and management to cut risks and meet compliance and legal needs, to save their businesses from any negative impacts.
Theft or loss of critical customer data
Loss of reputation and trust
Banks and financial services institutions depend on the strength of their security systems and data protection to build trust in their brand.
A data breach or failure to comply with audits can raise questions about the organization’s credibility
More stringent legal and compliance demands
Modernising data management can address various challenges throughout the data lifecycle
Increasingly stringent regulations need you to retain data for several years
Litigations and Audits need you to produce data in hours and not weeks/months
You must store data immutably with an audited chain of custody to use as evidence in legal proceedings
Easier said than done with traditional systems, which lack the sophistication to achieve this.
Data leakage or compliance violations in customer communications can impact trust
Your standard backup/archival software lacks a supervision layer that uncovers policy breaches. Also, data residing in employee mailboxes and devices makes it harder to prevent loss.
Ex-employee data may be required even years into the future for investigating irregularities and fraud
Vaultastic’s on-demand services help you modernise archival and data lifecycle management at highly optimal costs
Vaultastic’s cloud email archiving platform helps financial services companies preserve email data in tamper-proof vaults for extended periods and ensure that the data is online, search-ready, and discoverable on demand.
High-Volume Data Protection
Safely preserve active and legacy data in a centralized, searchable cloud archive. Respond rapidly to legal and compliance queries with on-demand discovery tools.
Enhanced Compliance Readiness
Meet audits and investigations with ease using immutable, encrypted data storage, legal hold capabilities, and powerful e-discovery tools.
Supervision and Oversight
Key benefits of Vaultastic for financial services organizations
Here are some of the reasons why Vaultastic is better than others in supporting financial services companies for managing data related risks and compliances:
- Cross platform information and document archival: Vaultastic can archive email, documents and information from a number of platforms and sources.
- Reduced risk of data breaches: Vaultastic’s cloud archive is tamper-proof and encrypted, which helps to protect data from unauthorized access.
- Improved compliance: Vaultastic is compliant with a wide range of regulations, which helps organizations avoid fines and penalties.
- Cost optimisation: Vaultastic provides a number of tools and uses a number of methods to optimise data protection and management costs delivering up to 60% savings
- Advanced search capabilities: Vaultastic’s advanced search capabilities provide quick and easy discovery of information for compliance audits, investigations, and other purposes.
- Legal support: Vaultastic’s audit trail provides a record of all access to your data. This can be invaluable in the event of a legal dispute.
