Financial Services Solutions with Vaultree
Protecting sensitive data is crucial for financial services organisations, but traditional encryption methods can impede operational efficiency and limit the potential for data-driven insights. Vaultree's Fully Functional Data-in-Use Encryption solution provides comprehensive data protection, secure collaboration, and effortless compliance, all while unlocking the full potential of your organisation's encrypted data for innovation and growth.
Industry Challenges
Financial services organisations face a range of challenges related to data privacy and security, including:
The need to comply with evolving data protection regulations and mandates such as GDPR, PCI DSS, PIPEDA, CCPA, ISO, etc.
Protecting sensitive customer data such as account numbers, transaction histories, portfolio holdings, and payment data from cyber threats.
Ensuring secure integration with third-party systems such as payment gateways and CRM tools, while preventing data breaches and security risks.
Safeguarding intellectual property, trade secrets, and proprietary information to maintain a competitive edge.
The requirement for scalable data security solutions that won't hinder performance or impede organisational growth.
Limited potential for data-driven insights and innovation due to encryption challenges when processing, searching, and computing encrypted data, such as valuable sensitive data gathered by credit reporting companies.
Solutions with Vaultree
Vaultree's Fully Functional Data-in-Use Encryption solution addresses these challenges head-on with a range of solutions tailored to the needs of financial services organisations:
Secure Data Collaboration
Facilitate secure multi-party collaboration on encrypted data, allowing businesses to confidently share and analyse sensitive information while ensuring privacy and compliance across industries.
Regulatory Compliance
Simplify compliance with regulations like GDPR and CCPA by securely processing, searching, and computing encrypted data, allowing organisations to focus on growth and expansion.
Intellectual Property Protection
Protect sensitive encrypted data from unauthorised access, securing your organisation's valuable assets and fostering innovation.
Third-Party Integration Security
Guarantee secure integration with third-party systems, protecting sensitive encrypted data during processing, searching, and computing, and preventing unauthorised access.
Scalable Data Security
Deliver lightning-fast performance and easy scalability, enabling organisations to handle vast amounts of sensitive encrypted data across diverse sectors without sacrificing security.
Leveraging AI & ML on Encrypted Data
Empower organisations to perform advanced encrypted search, machine learning, and AI-powered data analysis on sensitive data, like that from credit reporting companies, driving innovation and enhancing decision-making without sacrificing data security.
Industry Use Cases
Vaultree's Fully Functional Data-in-Use Encryption solution powers a range of financial services use cases, including:
Banks can use Vaultree's data-in-use encryption to protect sensitive customer data, such as account numbers, transaction histories, and personal identification information. With Vaultree's solution, banks can securely process, search, and compute encrypted data, enabling real-time data analysis and machine learning models to identify fraudulent activities and protect against cyber threats.
Insurance companies can use Vaultree's persistent data encryption to protect sensitive policyholder data, including health records, financial information, and personal details. By securely analysing encrypted data, insurers can optimise their underwriting and claims processing operations, improving the accuracy and speed of payouts to customers.
Investment firms can use Vaultree's data-in-use encryption to protect sensitive financial data, such as portfolio holdings, investment strategies, and client information. With Vaultree's solution, investment managers can securely collaborate on research and analysis, run AI/ML models on encrypted data, and unlock new possibilities for investment decision-making.
Payment processors can use Vaultree's data-in-use encryption to protect sensitive payment data, including credit card numbers, bank account details, and transaction histories. With Vaultree's solution, payment processors can securely process, search, and compute encrypted data, enabling real-time fraud detection and prevention and ensuring that in the event of a data breach, no sensitive data is leaked.
Fintech companies can use Vaultree's Fully Functional Data-in-Use Encryption solution to ensure the security and privacy of their customers' financial data. By integrating Vaultree into their existing database technologies, fintech companies can eliminate traditional encryption challenges with scale, performance, and speed, enabling real-time data analysis and machine learning models to improve their products and services.
Industry Recognition
Vaultree's Fully Functional Data-in-Use Encryption solution has been recognized worldwide as a game-changer in the data security and privacy space:
RSA Conference 2023:
Winner of the Encryption Expert Award.
Fast Company World Changing Ideas 2023:
Winner in the Europe, Middle East, and Africa category
With Vaultree, financial services organisations can securely access, store, share, and analyse sensitive data, unlocking new opportunities for growth and innovation while maintaining the highest level of data privacy and security. Contact us today to learn more about our industry solutions and how we can help you achieve your data security goals.