London, UK – 20 November 2017 – Solidatus, a leading data lineage discovery and visualisation solution, has been named the “Most Innovative Data Privacy Vendor Solution” at the inaugural RegTech Awards. The awards recognised start-up and established RegTech solutions and service providers. The winners were announced during a ceremony at the close of the 2017 RegTech Summit for Capital Markets in New York on 16th November 2017.
The summit was organised by the A-Team Group and brought together a community of practitioners managing regulatory change and implementing RegTech solutions.
“The main driver behind the rapid growth in privacy technology appears to be Europe’s General Data Protection Regulation, which comes into force in May 2018 with strict requirements and major consequences for non-compliance. The first part of the journey to becoming compliant is that an organisation needs to discover and map their personal data. Solidatus is a web-based tool that helps rapidly discover, document and visualise an organisations data attributes and processes, ensuring they meet their regulatory goals in a timely manner,” said Philip Dutton, Co-Founder of Solidatus. “We are pleased to be recognised as an innovative solution within the RegTech space. Solidatus is uniquely engineered to build an end-to-end data map faster than arguably anything else while bringing control to an organisations data landscape and reducing their exposure to risk.”
The RegTech Awards acknowledge vendors who are finding creative solutions to help with regulatory challenges. The A-Team invited all members of their Data Management Review and Intelligent Trading Technology communities and people who have experience of using the technologies to cast a vote. The awards were overseen by their Data Management Review and Intelligent Trading Technology Advisory Board, who have helped shape the categories and nominees and reviewed the winners. More information on these awards can be found at (www.datamanagementreview.com) or on Twitter through the following hashtag: #RegTechSummitNY.