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DFIN Acquires Guardum, in a Move to Strengthen Global Data Privacy and Redaction Capabilities
Guardum's data intelligence platform reduces risk, lowers costs, and enables businesses to swiftly and efficiently discover and safeguard company data.
Fremont, CA: DFIN is a global leader in risk and compliance solutions. They deliver subject expertise, enterprise software, and data analytics for every stage of the clients' business and investment lifecycles. Markets vary, rules change, and technology evolves; through it all, DFIN provides trust by providing the appropriate solutions at the right time.
"DFIN's industry-leading software solutions address the most challenging regulatory and compliance issues that companies face," said Craig Clay, president of Global Capital Markets at DFIN. "Incorporating Guardum's data security and public information technology into our platform creates privacy intelligence by identifying and protecting our clients' sensitive data, automating time-consuming processes, and reducing the risk of exposing sensitive data to comply with the growing number of privacy regulations in an ever-changing digital world."
Donnelley Financial Solutions today acquired the Guardum, a leading data security and privacy software vendor that assists businesses in locating, securing, and controlling data. DFIN's software solutions offering got strengthened by the acquisition, which makes data security a competitive differentiator, improves regulatory compliance, protects privacy, and improves data accuracy.
Guardum assists companies in resolving one of the most pressing data problems of today:
• Quickly locating personal information — in multiple languages — among vast stores of corporate data
• Implementing an agile workflow across the data governance and GRC
• Redacting that information temporarily or permanently
By eliminating manual review processes, executives may concentrate on higher-priority areas of the transaction. Businesses may now take advantage of the following:
• Speed and efficiency: Upto 93 percent faster in assisting with data discovery and redaction (versus manual)
• Cost-cutting: Enhanced operational compliance, processes, and efficiency
• Scalability: Reduces the strain on IT teams because the technology is highly scalable, simple to use, and interfaces with other applications.
• Enhanced Security: Overall security that goes beyond general-purpose discovery or categorization techniques.
These skills and advantages are major priorities for mergers and acquisitions executives, data protection officers, compliance and legal specialists, and human resources, security, and environmental, social, and governance (ESG) teams.