Data Governance & Compliance Framework for Fintech Startup
Established comprehensive data governance framework enabling SOC 2 Type II certification and GDPR compliance for rapidly growing fintech company.
Industry
Financial Services
Service
Data Governance & Compliance
Timeline
9 months
Team Size
6 consultants (governance specialists, security engineers, compliance experts)
The Challenge
A fast-growing fintech startup processing $500M annually in transactions needed to achieve SOC 2 Type II certification and GDPR compliance to secure enterprise clients. They lacked formal data governance, had security gaps, and faced potential regulatory penalties.
Key Pain Points:
- No documented data governance policies
- Unclear data ownership and accountability
- Security vulnerabilities in data handling
- Non-compliant with GDPR requirements
- Unable to respond to data subject access requests
- Blocking $10M+ in enterprise deals requiring certifications
Our Solution
We implemented a comprehensive data governance framework with automated compliance monitoring and robust security controls.
Our Approach
- 1Conducted data inventory and classification across all systems
- 2Designed data governance operating model with clear roles and responsibilities
- 3Implemented data catalog and lineage tracking using Collibra
- 4Established data quality monitoring and alerting
- 5Built automated GDPR compliance workflows (consent management, DSAR processing)
- 6Implemented encryption at rest and in transit
- 7Created comprehensive audit logging and monitoring
- 8Developed data retention and deletion policies
- 9Conducted security training for all employees
Technologies Used
Collibra Data GovernanceAWS KMSHashiCorp VaultDatadogOneTrust Privacy ManagementdbtPostgreSQLApache Atlas
The Results
The company achieved all compliance certifications and unlocked significant new revenue opportunities.
TOTAL ROI
$14.8M
in first year
SOC 2 Type II
Achieved
Passed audit with zero findings
GDPR Compliance
100%
Full compliance with DSAR response time <30 days
Security Incidents
0
Zero data breaches or security incidents
Enterprise Revenue
$15M
New enterprise contracts closed post-certification
"We couldn't sign enterprise customers without these certifications. This project didn't just check compliance boxes—it unlocked our growth potential."
Chief Compliance Officer
Fintech Payments Platform
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