By looking at GDPR, MiFID II, PSD2 and other new regulations through the lens of digital convergence, firms can use regulatory-driven programs to transform efficiency, effectiveness and value. In GDPR, financial services firms have a huge opportunity to radically improve operations through a combination of innovative digital technologies.COGNIZANT ON GDPR
GDPR—in tandem with several other regulations—brings financial services institutions a one-time golden opportunity to accelerate and escalate their creation of value through digital technologies.
With the digital convergence of complementary innovative technologies, firms can stop seeing regulation as a compliance burden and start using it as a value driver.
Our unique GDPR compliance framework and digital convergence roadmap offer a proven approach to help you accelerate and simplify compliance—and seize the opportunity of GDPR to generate greater business value. With Cognizant, you can use GDPR as a springboard to increase operational efficiency and effectiveness, accelerate time to market and enhance customer experiences.
See below how we help our clients overcome some of their compliance challenges.
Our GDPR solution suite encompasses the full spectrum—People, Processes and Information and Technology— and it includes Audit and Governance model for third parties which are part of your GDPR ecosystem.
The journey does not stop at becoming GDPR compliant. Organisations that approach digital, regulatory and technological convergence appropriately will build compliance and customer trust and thrive in the modern digital age.
Our whitepaper explains how companies can turn regulation from a cost burden into a positive driver of business value through strategic digital convergence.