
eXate's New Data Privacy Tool
Security is a key feature for any business for its services, both offline and online.
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CIO Applications Europe | Friday, July 19, 2019

Security is a key feature for any business for its services, both offline and online. eXate offers such data security solutions to organizations in that safeguard operations for business strategies and its collaboration with OpenFin OS will pave a new way for managing data.
FREMONT, CA: “Founded by experienced specialists from the highly regulated banking industry, eXate has created what a client recently described as ‘magic’,” says Peter J. Lancos, co-founder, and CEO of eXate. eXate has been featured among the Top 10 GDPR Solutions Providers in 2018 by the CIO Applications Europe magazine.
eXate is a data security organization that deals with helping its clients to grow an overall strategy to assemble the ever-changing privacy requirements constantly. eXate, with its purpose-built General Data Protection Regulation (GDPR) solution, supports organizations to stay compliant and also control cross-border data movement. OpenFin, the operating system (OS) of finance, recently announced that eXate, the data privacy solutions provider, has joined its growing community of financial institutions and FinTech firms deploying their desktop applications on its OS.
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Contemporary data protection is vital, and access to information needs to be restricted in line with complex internal and regulatory policies. eXate secures data and makes it available only to authorized users based on customizable policies set by legal and compliance teams. Ink bombs in the analogue world ensure that stolen cash is rendered useless. In the digital sphere, where data is the new currency, eXate acts like a virtual ink bomb and renders the information useless upon a breach.
With the execution of GDPR, it is critical for businesses to ensure that new applications are built with privacy factored in from the outset (“Privacy by Design”) and existing applications are updated for confidentiality. eXate enables firms to handle onerous data privacy requirements by allowing security easily. The solution enables users to implement a data strategy incorporating privacy at its core and seamlessly controling the processing of sensitive information as it moves between applications.
“eXate offers clients a ready-made Brexit solution by allowing firms to use technology to enforce data policy,” says Sonal Rattan, co-founder, and CTO at eXate. With eXate’s data privacy solution on OpenFin OS, firms can easily protect their information in both new web applications and other existing technologies.
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