Accutive takes their Data Discovery and Data Masking solutions international with sale to Canadian banking leader, Canadian Western Bank
Financial institutions know more than most the necessity of protecting client data, which is why Canadian Western Bank (CWB) sought a manageable way to secure their client information while preserving their ability to use this sensitive data for business critical functions. They found the solution they were looking for in Accutive Data Discovery and Data Masking (ADM), joining the growing list of financial institutions that have invested in this high-performance data security application, and the first Canadian deployment.
ADM empowers clients to rapidly and accurately identify sensitive data across every and all databases and repositories, and then mask that data with functional, meaningful fictitious information, rendering the sensitive data both secure and usable. ADM’s industry leading performance, with more than 240,000 masking operations per second, is one of the reasons Azfar Karimuddin, CWB’s Vice President of Information Services, said, “After extensively searching for a solution to protect our client PII, it became apparent ADM was the only solution on the market that would enable us to locate and mask our sensitive data while leaving it viable for our development team and our non-production environments.”
ADM stemmed from more than a decade of experience providing clients with enterprise level security solutions. As Accutive’s enterprise security team worked with clients to safeguard sensitive information, they uncovered a need to rapidly and reliably anonymize Personally Identifiable Information (PII), Payment Card Industry (PCI), and other restricted data, such as Protected Health Information (PHI), or to align with privacy mandates like GDPR, while keeping it usable for development, testing, third-party sharing, and more. Accutive leveraged clients’ real-world requirements and use cases, informed by the team’s significant expertise, to develop a flexible, secure, high-performance on-premises application.
Accutive has partnered with CWB for 10 years, delivering Capitalstream and Temenos solutions, and were enthusiastic about the opportunity to work with CWB to secure their sensitive client data. “It’s been extremely rewarding to have a company we’ve proudly partnered with for a decade see the value in our product,” commented Fariborz Ordukhani, CEO. He continued, “the Accutive team has worked tirelessly to build a product that addresses our clients’ data security needs across the board, and this really validates the merits of our work.” Azfar Karmuddin of CWB agreed, “Our partnership was the cherry on top.”
About Canadian Western Bank:
Canadian Western Bank (TSX:CWB.TO) is a chartered, full-service bank that offers business and personal banking solutions and expertise, along with an unwavering obsession with our clients’ success. We’ve offered customized financial solutions for over 35 years and operate with a clear focus on meeting the unique financial needs of business owners. Through our network of branches, business offices and mobile relationship teams, we help clients grow their businesses, manage their money, and realize their financial potential. Learn more at www.cwbank.com.
About Accutive:
Accutive empowers clients to succeed in the digital age with comprehensive technology solutions and support including Enterprise Security, Digital Banking, Product Development, and Systems Integration. We provide flexible, cost effective, reliable products and services to clients across North America focused on the Financial Services industry. Accutive is a specialized team of technology professionals with decades of expertise dedicated to delivering effective, tailored technology solutions that exceed client expectations. Learn more about ADM at https://accutive.com/datamasking.
