EuroBic: Compliance, Productivity, and Cost Reduction
ABOUT EUROBIC
EuroBic, a Portuguese bank founded in 2008 that counts 182 commercial structures and about 1.500 employees, opted for Quidgest’s Data Protection Management system to support its compliance with the General Data Protection Regulation (GDPR) and boost its teams’ productivity.
CHALLENGE
The challenges caused by the introduction of the GDPR, which came into force in 2018, and other national and international legislation and regulations in data protection led EuroBic to seek a solution that would support compliance with the rules in force.
According to Carla Neves, Data Protection Officer at EuroBic, other challenges that the banking institution sought to resolve included managing all data protection-related issues for the different internal areas involved and the activity of the DPO’s organic structure.
Therefore, EuroBic was looking for an agile tool to support the management of the different processes related to data protection, such as the Register of Processing Activities and Data Protection Impact Assessment (DPIA), and equip the structure with mechanisms for reporting on its internal activity.
SOLUTION
The solution implemented by a CIPP/E certified team is composed of all the Quidgest Data Protection Management System modules (Data Protection Management, Data Holder Management, Data Holder Portal, Supplier Portal, and Task Management).
Together, the modules allow monitoring all the compliance procedures with the RGPD, notifying, advising, and articulating each responsible person for each task. This way, all those involved at EuroBic enjoy a substantial increase in productivity.