The compliance deadline for General Data Protection Regulation (GDPR) is approaching fast, so what operational changes should you be prioritising now and how can you implement data management to support these changes? Also, what are the most complex issues outstanding, are more problems expected to emerge once GDPR is in action, and how can these issues be resolved? The webinar will delve into the complexities of GDPR and come up with some solutions for compliance.
Listen to the webinar to find out about:
-Industry progress on GDPR
-Outstanding challenges
-Best practice approaches
-Technology solutions
-Regulatory conflicts
2. DataManagementReview.comSeptember 6, 2017
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4. DataManagementReview.comSeptember 6, 2017
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Panel Member: Sue Geuens, President, DAMA;
Independent Consultant in Financial Services
Areas of Expertise:
• Responsible for building the algorithms for quality
matching for the first South African data quality tool
during the early 2000s
• Have used almost all the data quality tools in the
market extensively over the past 15 years
• Data governance head/lead at a number of clients
• I am a dataholic … so anything data is my passion
https://uk.linkedin.com/in/suegeuens
5. DataManagementReview.comSeptember 6, 2017
FROM
Panel Member: Chiara Rustici, Independent GDPR
Analyst
Areas of Expertise:
• Author of ‘Applying the GDPR. Privacy rules for the data
economy’ (forthcoming)
• Formerly jurisprudence and international law tutor,
postgraduate and CNR (Italy) research fellow
• Advised hedge funds, top tier banks and multinational
insurers on GDPR key priorities, implementation strategy
and impact on business model of key services
• Regular speaker on GDPR at British Computing Society
(BCS), IQPC and both learned societies and trade events
• Lead of the EDRM workgroup on GDPR
https://uk.linkedin.com/in/chiararustici
Email: c.rustici@gmail.com
6. DataManagementReview.comSeptember 6, 2017
FROM
Panel Member: Abigail Dubiniecki, GDPR Specialist,
My Inhouse Lawyer
Areas of Expertise:
• Advises mid-tier firms on GDPR implementation
and compliance
• Delivers executive training on GDPR through Henley
Business School's GDPR Transition Programme
• Lead researcher/writer of an e-learning module on
technical and organisational aspects of GDPR for
Henley Business School
• Written and spoken about GDPR related topics
such as data protection by design and the right
to be forgottenhttps://uk.linkedin.com/in/abigaild
7. DataManagementReview.comSeptember 6, 2017
FROM
Panel Member: Tudor Borlea, Sales Engineer
and GDPR Specialist, Collibra
Areas of Expertise:
• Collibra product specialist
• Certified information privacy professional
with the IAPP (CIPP/E)
• A technical and management consulting
background
• A focus on GDPR and its data governance
ramifications for the past nine months
https://uk.linkedin.com/in/tudorborlea
8. DataManagementReview.comSeptember 6, 2017
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Scope of General Data Protection Regulation and key requirements
May 25, 2018 compliance deadline, workarounds and fines
Key challenges of GDPR before and after go-live of the regulation
Best practice approaches to data management challenges
The importance of data governance to achieving compliance
Technology solutions available to support GDPR implementation
Business and operational benefits of a successful GDPR programme
Expert advice on GDPR for data management practitioners
Talking Points
9. DataManagementReview.comSeptember 6, 2017
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The scope of GDPR and its key requirements
• Ensure individuals’ rights
• Right to be informed
• Right of access
• Right of rectification
• Right to be forgotten
• Right to portability
• Right to object to processing
• Accountability
• Documentation
• Data protection by design
• Data Protection Officer
• Breach notification
10. DataManagementReview.comSeptember 6, 2017
FROM
9%
17%
29%
We will have fully compliant
infrastructure
We will be compliant but with
many workarounds
We will be partially compliant and
able to show intent
Will financial services firms achieve compliance
by the May 25, 2018 deadline?
Source: A-Team Group/ASG, How to Tackle the Challenges of GDPR, August 2017
Do you expect to have infrastructure in place to achieve compliance with
GDPR when it takes effect in May 2018?
Percentage of respondents
11. DataManagementReview.comSeptember 6, 2017
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The key challenges of GDPR
Source: A-Team Group/ASG, How to Tackle the Challenges of GDPR, August 2017
Rank these tasks in magnitude of workload
40%
60%
80%
80%
87%
Winning management buy-in and budget
Understanding the requirements of GDPR
Identifying required data
Working across multiple jurisdictions
Designing workflow to meet GDPR requirements
15. DataManagementReview.comSeptember 6, 2017
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The importance of data governance to achieving
ongoing compliance
• Identifying personal data
• Discovering processes that
use personal data
• Ensuring data privacy
• Making data changes
• Responding to individuals’
requests
17. DataManagementReview.comSeptember 6, 2017
FROM
A step-by-step approach to implementing GDPR
Tag data fields
containing personal
data
Implement a solution
– preferably a central
data repository
Build in privacy by
design
Implement data
governance
Monitor and update
data
Ensure easy access
to data
Review data, identify
personal data
Discover apps and
processes using
personal data
18. DataManagementReview.comSeptember 6, 2017
FROM
Business and operational benefits of a successful
implementation of GDPR
Source: A-Team Group/ASG, How to Tackle the Challenges of GDPR, August 2017
What benefits does your organisation expect to gain from a successful
implementation of GDPR?
Percentage of respondents
80%
99%
20%
80%
87%
30%
7%
13%
20%
13%
20%
7%
67%
80%
Regulatory compliance
Reduced liability
Improved data understanding
Better customer confidence
Reduced reputational risk
Reduced cost
Business benefit
Operational benefit
No benefit
21. DataManagementReview.comSeptember 6, 2017
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Upcoming A-Team Group Events
Visit DataManagementReview.com/events
October 5th – RegTech Summit for Capital Markets, London
November 16th – RegTech Summit for Capital Markets, New York City
22. DataManagementReview.comSeptember 6, 2017
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Upcoming A-Team Group Webinars
Visit webinar section of
Datamanagementreview.com
September 12th – Harmonising data for regulatory reporting and record
keeping
September 13th – MiFID II: Is the market truly ready? Will compliance be
achieved?
September 14th – Meeting the imperative for data quality
24. DataManagementReview.comSeptember 6, 2017
FROM
Join the
Data Management Review Online Community
Data Management Review is your single destination for knowledge and resources covering data management
approaches, trends and challenges as well as all the regulations impacting financial data management for the
enterprise.
Join our 15,000 other members - it’s entirely free to join!
Sign up at http://bit.ly/signupforDMR
Membership entitles you to free access to expert unbiased commentary.
We deliver:
Regular weekly updates on the latest news and views
Blogs and commentary
White papers
Surveys and research
Data management handbooks
Events
Webinars
Awards