About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Informatica Wades into Privacy Segment with Privitar Acquisition

Subscribe to our newsletter

Informatica’s agreed purchase of privacy specialist Privitar signals its intent to extend the data access management, privacy and governance capabilities integrated in its Intelligent Data Management Cloud (IDMC). Privitar was founded in 2014 to help organisations address issues raised by the EU’s General Data Protection Regulation (GDPR) and other privacy-related rules and guidelines.

Today, Privitar offers a data access management and privacy solution that builds collaborative workflows and policy-based data privacy and access controls into data operations. By adding the Privitar solution to its IDMC platform, Informatica hopes to support critical, high-growth use cases around cloud analytics, governance, data mesh, and data marketplaces.

Informatica also plans to combine its own CLAIRE AI engine with Privitar’s data access management capability, which will allow IDMC to automate the application of policy-based privacy and access controls, and help accelerate the use of governed and trusted data across the organisation.

“Data governance and responsible use of data is a growing priority for large businesses, but too often requires trading off agility and self-service,” says Amit Walia, CEO at Informatica. “With Privitar’s capabilities integrated into IDMC, customers can deliver best-in-class data governance, access, policies and compliance, and empower better data-driven decision-making and business outcomes.”

Jason du Preez, CEO at Privitar, adds: “Joining Informatica will enable us to better serve our customers with an integrated data management stack delivering a complete data governance solution with security and privacy intrinsic to the platform.”

Financial details of the prospective acquisition were not disclosed. Subject to closing conditions, the acquisition is expected to be completed in the third quarter of 2023.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for eComms and multi-channel surveillance

Surveillance of multi-channel communications is a moving target as financial institutions continue to add conversational streams, in many cases mobile applications previously banned from the trading environment. With more eComms channels comes more data that must be managed, retained, and ready for regulatory compliance. For many firms, the changing shape of surveillance is a complex...

BLOG

EU’s Landmark MiCA Framework Affirms Value of LEI in Crypto-Asset Regulation

By Stephan Wolf, CEO of the Global LEI Foundation. With the crypto-asset market experiencing sustained instability and volatility following the high-profile collapse of the cryptocurrency exchange FTX, regulatory activities have taken on new intensity and urgency. Emergent initiatives are being realised, and in May 2023, the EU finally adopted the long-awaited and much-debated Markets in...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...