Compliance is becoming an increasingly critical function of business management regarding data, procedures, information exchange, data usage, and the long-term implementation of databases and systems.

Compliance Officers and other DPOs and CISOs are increasingly taking on the role of “Keeper of the Flame”. Unfortunately, this puts an enormous strain on the momentum and capacity for innovation of the business.

Meanwhile, the potential penalties for non-compliance can include:

• • Monetary fines
  • Loss of reputation
  • Client backlisting
  • Trusteeship
  • Termination of the operating license

The role of a COMPLIANCE officer is difficult because they must ensure:

• • The data in the company has been and remains sealed within the data structures.
  • Applications that are developed with an original usage purpose, change over time.
  • The evolution of regulations requires the constant and very expensive adaptation of old applications to bring them up to date.
  • The confidential data of applications have a fixed life cycle (saved, archived, and destroyed) in multiple environments (testing, development, integration, quality, and production)

A COMPLIANCE officer must therefore be able to take action at several levels, primarily, at the level of the usage of contextual data consumption by users in a wide variety of roles. This for all applications in the company’s portfolio, both existing and under development.

The main trends in market innovation, whatever the business sector, consist of developing new services via platforms that are open to different players of varying sizes and sectors in a well-balanced ecosystem.

This phenomenon is defined by the term Platformification via open and scalable and evolving platforms (Open X Platforms) hosted in the Cloud (Public or Private).

The challenge for these new platforms is twofold: 

Achieving fast and continuous sales results that guarantee a positive Return on Investment (ROI): This factor is reflected in the successful coordination of all the actors involved with the platforms: from the user interface to the business functionalities, from data security to the data model itself. While in an approach for maximization each actor must “do what you do best.” 

Guaranteeing the global industrialisation of the service: Through these new platforms, this innovation can be sustained if all players involved develop a global solution with the following characteristics: 

• Economically attractive 
• Easy to use
• Quick to use
• Offering better features than past services
• Offering customisable services 

In the data protection and regulatory reporting segment, the goal is to demonstrate that the platform can be protected over the course of millions of conversions per hour (Protection/Unprotection), for numerous clients with numerous operations. 

The goal is also to provide a periodic (annual or monthly) industrial security and compliance report service that can be easily consulted whenever necessary by those involved in compliance (Legal, DPO, CSO, etc.).