Vaultastic’s cloud-based enterprise information archival service helps you manage business emails and achieve easier legal and compliance management.
Why does your business need enterprise risk management software?
Digitisation has forced enterprises to switch to digital communication, making emails the standard form of communication for all financial services organisations. This means banking and financial enterprises need to protect and store large volumes of business communication data safely and securely.
Auditing authorities require banking and financial organisations to ensure financial services compliance by submitting the required data in the required format when necessary. Therefore, organisations must store their data in secure locations while having a system to retrieve data quickly without affecting data security.
Hackers are always looking to execute complex cyberattacks to steal critical personal and financial information. Hence, enterprises should have a resilient data system to protect the data they collect from the users and prevent data loss. In addition, data theft by disgruntled old employees is also a considerable risk to an organisation.
Data breaches, data hacks, and the inability to meet compliance requirements tarnish the image of banking and financial enterprises. Financial risk management software helps your enterprise overcome these threats to ensure the safety and security of data.
Vaultastic – Helping you manage the intricacies of financial services compliance
Vaultastic addresses the problem of secure data storage, easy retrieval, and long–term data storage using an advanced cloud email archiving platform.
We use state-of-the-art cloud storage solutions to preserve all your email data in high-security, tamper-resistant vaults. Likewise, we store your data in the cloud search-ready with our compliance management solution, so you can access it at a moment's notice when compliance authorities request it.
On-demand data discovery provides safe, secure, and quick access to your communication data, irrespective of the volume.
Advantages of optimizing data storage costs and ensuring financial compliance with Vaultastic
Vaultastic’s security framework adheres to the cybersecurity standards set forth by the regulatory bodies RBI, SEBI, and IRDAI; by design.
With our solution, you can choose the region to store your data to comply with data residency regulations of regional governments.
Our compliance management tools enable legal hold, easy case management and rapid resolution of breaches to reduce risks and compliance costs.
We also export data in portable format files containing all the required information for data compliance audits.
All email data is encrypted at rest and in transit to thwart any hack attempts to access the data. In addition, we improve data availability and durability with data redundancy systems strengthened by in-built disaster recovery solutions.
Moreover, our rich set of cloud data tools optimises storage, access, and migration costs by up to 60%.
Related: How Vaultastic builds data resiliency for modern financial services organizations
