GDPR and the Buy-Side: The Evolution of Data Privacy and Ownership
Report Summary
GDPR and the Buy-Side: The Evolution of Data Privacy and Ownership
Technology investment or development has played a critical role for large buy-side firms on GDPR compliance journeys.
London, 24 May 2018 – The implementation of the General Data Protection Regulation in Europe on May 25, 2018, will have far-reaching consequences for the whole financial services sector, including firms that sit outside of the European jurisdiction. GDPR should be a priority for any firm that deals with data related to European Union residents, and firms need to confirm that their data protection policies and procedures comply and are properly documented. Buy-side firms can learn from their larger peers where efforts should be focused in keeping compliant as the regulation comes into force and beyond.
This report overviews the incoming requirements under GDPR as they relate to buy-side firms and highlights the practices they have adopted during their compliance program implementations. It is based on 13 Aite Group interviews conducted with buy-side market participants during the first and second quarters of 2018.
This 46-page Impact Report contains 20 figures and four tables. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Collibra, Egnyte, Equifax, ForgeRock, IBM, Informatica, Microsoft, Nasdaq BWise, Nymity, OneTrust, and Varonis.