Banking & insurance compliance

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Compliance in the Banking and Insurance sectors

Digitize your GDPR and Anti-corruption compliance with a single platform
Implement multi-entity management tailored to the way your company is structured and organized
Be fully prepared for government agency audits
Get all your business divisions involved with a collaborative tool
Analyze your completeness rates and progress of actions in real time using our dashboard

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Photo credits : Luke Southern, Unsplash

Use customizable workflows to speed up your processes
Set up alerts to notify internal and external stakeholders
Easily map your data and records
Manage information and documentation confidentiality
Prevent and manage personal data breaches

Photo credits : Luke Southern, Unsplash

DLD GDPR

#1 French software for GDPR compliance

With a simple approach and 360° vision, manage your company’s or administration’s personal data and protect them to ensure GDPR compliance.

Find out more

DLD Anti-corruption

The most comprehensive anti-corruption software on the market

Meet the recommendations of AFA, the French anti-corruption agency, using a single software program that combines all the pillars of the Sapin 2 anti-corruption law, starting with risk mapping, the core common to all the pillars.

Find out more

DLD GDPR

#1 French software for GDPR compliance

With a simple approach and 360° vision, manage your company’s or administration’s personal data and protect them to ensure GDPR compliance.

Find out more

DLD Anti-corruption

The most comprehensive anti-corruption software on the market

Find out more

They use Data Legal Drive on a daily basis

“Easy to use, fast to learn, Data Legal Drive allows us to identify and centralize all the Group’s personal data processing operations.”

Legal Division, Société Française des Hôtels de Montagne

A few of our clients in the sector

Why choose Data Legal Drive?

SOVEREIGNTY

Choose a French company that hosts your data in France!

SECURITY

Use software that has undergone a security audit by an approved ANSSI partner

PERSONALIZED GUIDANCE

Enjoy our unique, personalized customer support. Customer satisfaction: 98%

Forte de son partenariat avec les éditeurs juridiques de référence Lefebvre Dalloz, Data Legal Drive s’impose comme étant la solution la plus fiable juridiquement et la plus ergonomique du marché.

Développée à partir des dernières technologies innovantes, la plateforme met son ergonomie intuitive et son expertise juridique au service de la gouvernance data de ses clients.

SOVEREIGNTY

Choose a French company that hosts your data in France!

SECURITY

Use software that has undergone a security audit by an approved ANSSI partner

PERSONALIZED GUIDANCE

Enjoy our unique, personalized customer support. Customer satisfaction: 98%

Data Legal Drive is…

+20000

SaaS users

+25

countries where the software is used

+98%

customer satisfaction

10

languages available

2

tools designed by specialized teams

+20000

SaaS users

+25

countries where the software is used

+98%

customer satisfaction

10

languages available

2

tools designed by specialized teams

Découvrez la plateforme Data Legal Drive !

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GDPR: BANKING & INSURANCE

The GDPR is the essential European text governing personal data protection. Since 2018, all organizations must comply with the GDPR. Given the volume and nature of the data they process, the banking and insurance sectors are particularly concerned.

Among the GDPR violations penalized by the French data protection agency (CNIL), security breaches are regularly disclosed by the authority and pinpointed by the media, as private data of banking and insurance customers becomes unprotected. Data Legal Drive’s interactive GDPR map of fines shows all the latest fines and formal notices issued to banks and insurance companies. They are also arranged by date or type of violation.

Beyond the legal obligation for GDPR compliance and the sanctions issued, companies that succeed in standing out and developing their business are those that use GDPR compliance to gain a competitive edge. With the rise in cyberattacks and the related development of cybersecurity, banking service users and insurance product customers are paying ever more attention to the security of their data, and are therefore increasingly looking for banks and insurance companies that communicate transparently.

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Evening Tao, Freepik

GDPR: Issues specific to the banking and insurance sectors

Banks and insurance companies collect and process a lot of personal data — often sensitive data. For this reason, they are subject to close scrutiny when it comes to protecting personal data. Let’s take the example of a customer who asks for a loan and must therefore do a medical check-up to get the go-ahead from the loan insurer. This means dealing with health data, which is qualified and treated as sensitive data requiring special processing.

The same holds true for insurance companies, which collect financial data, health data, and more every day. The CNIL has issued recommended retention periods dedicated to this sector: three years after last contact if no insurance policy was signed or if terminated; five years in the event that legal proceedings are under way.

For the banking sector, as for other sectors, retention times must be consistent with the purposes and will vary according to the type of processing. According to the CNIL, for example, a bank card cryptogram represents data that should not be retained after a payment. Banks must therefore carefully determine which data should be stored, archived or deleted for each type of operation.

Evening Tao, Freepik

How Data Legal Drive guides banks and insurance companies

Compliance facilitated

Data Legal Drive guides you and provides processing activities dedicated to banking and insurance according to the answers you provide on a processing form (in particular concerning processing of the French national registration number (NIR)).

To help you get started with your GDPR compliance, Data Legal Drive has designed special paths dedicated to the banking and insurance sectors. Recommendations are made based on the information that you enter in the GDPR software at setup. The software also allows you to work on GDPR compliance by handling all your projects according to the Privacy by Design method, by conducting impact assessments before performing processing.

It is essential to build processing records and keep the mapping of completed processing up to date in order to follow European regulations and achieve GDPR compliance: acutely aware of this, Data Legal Drive offers a comprehensive, end-to-end tool for creating processing records, from setup to daily monitoring. This collaborative turnkey software allows you to create and import your processing records easily. To guide you, Data Legal Drive provides preconfigured banking and insurance processing activities to help get you started, save you time, and ensure a smooth GDPR compliance experience.

Secure your data at every level

Once the foundations of your compliance are established, it becomes essential to protect the data over time and regularly check that your processing activities are complete and up-to-date.

The banking and insurance sectors face a double challenge: to protect both digital data and physical data that has not yet been digitized. Obviously, the systems hosting the data of bank and insurance customers must be secure to avoid security breaches that could lead to data leaks. Beyond the leak itself, a company’s image can be seriously impaired in the event of a security breach or cyberattack. Cybersecurity breaches are covered in the press regularly. Under certain conditions, users must be informed of personal data breaches. In some cases the control authority must also be informed.

Banks must also protect their users’ payment methods, which are often the target of attacks. That’s because payment methods are increasingly digital and diverse.

New payment methods include online payment, contactless payment, cryptocurrencies, etc. It is essential to acclimatize to these new payments methods and secure the related data. To provide reliable resources and information, the CNIL has published a white paper on the subject. Find out more!

To work with the banking and insurance ecosystem, Data Legal Drive has designed software that offers a global vision of your organization’s GDPR situation and ensures data security at every organizational level as well as between subsidiaries, as this is one of the major GDPR challenges that banks and insurance companies must face. On a practical level, multi-entity management integrated in the Data Legal Drive software is a real asset for banks and insurance companies that use the solution. Ensure GDPR compliance of your franchise agencies and international subsidiaries with a macro vision of the types of data processed by all your entities. With the Data Legal Drive software you can also monitor employee training in your entities and increase team awareness in each department in order to maintain GDPR compliance over the long term.

In the event that a data breach occurs nonetheless, Data Legal Drive includes a module for recording each breach that guides you and helps you determine whether the breach must be reported to the CNIL.

Support, day-in day-out

Qualifying data controllers and processors can be tricky business. Data Legal Drive helps you clarify these concepts and achieve compliance under the best possible conditions. From square one, Data Legal Drive works with banks and insurance companies to help qualify their controllers and processors.

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