OneTrust’s Vishal Arjan, CIPP/E (center) accepting the award
Last month, the FStech Awards selected OneTrust as Risk Management Software of the Year. Now in its 18th year, the FStech Awards celebrate IT excellence and innovation within the UK and EMEA financial services sector.
The imminence of General Data Protection Regulation (GDPR) enforcement in May, and OneTrust’s growing customer base that includes a number of leading global financial service providers, led FStech judges to describe the privacy management software as a “timely product in the current environment which demonstrated a strategic approach to containing risk that defined it against the competition.”
The OneTrust software operationalizes GDPR compliance by tracking the full lifecycle of an organization’s personal data flows, analyzing them against regulations to understand risks, communicating directly with customers, employees, and vendors to capture consent, handling privacy-related subject access requests and responding appropriately in the event of an incident.
OneTrust’s platform is pre-configured with regulator guidance-based questionnaires and automated workflows that can be used collaboratively to manage risk and demonstrate compliance with record-keeping requirements. The privacy management solution can be easily tailored via a point-and-click user interface based on unique industry and organizational requirements. Customers can deploy OneTrust in EU- or US-hosted cloud environments, or on-premises, and can easily upgrade and scale platform capabilities as their privacy program and network of privacy champions mature.
“FStech, like many OneTrust customers, understands privacy technology is a key tool for risk management,” said OneTrust’s Vipul Asher, CIPP/E, who attended the ceremony. “Companies across the globe are using privacy management tools to mitigate risk ahead of GDPR, so it’s exciting to see the OneTrust selected as the leading risk management software to help operationalize their privacy processes and build sustainable privacy programs.”
OneTrust was joined by a number of customers at the gala dinner and ceremony.
Thousands of organizations continue to use OneTrust to simplify their privacy programs and analyze risk management ahead of impending data privacy regulations.
Congratulations to our fellow award recipients, and thank you to the FStech Awards for this incredible honor!
To see all of OneTrust’s awards and accolades, visit the awards page.