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

Pontus Vision Offers Open Source GDPR Solution with GCHQ Style Security

Subscribe to our newsletter

If you are still looking for a General Data Protection Regulation (GDPR) compliance solution, London based regtech Pontus Vision may be able to help you with its open source, secure software that allows firms to search for any given customer and quickly access all of the data the business holds about them in a single consolidated view, without changing underlying systems.

Pontus Vision started up in London in 2011 with a focus on low-latency front office applications. With support from an innovation lab it sold solutions to a number of financial institutions and was asked by UK government to support an open source big data project. This morphed into a wider government remit using similar architecture for a performance tool.

Based on this architecture, the company has developed a commercial open source GDPR solution that uses Apache software and includes GCHQ level security. Financial firms can use the solution to streamline and automate data management processes without changing underlying systems or procedures.

Leonardo Martins, founder of Pontus Vision, says: “We have designed Pontus Vision GDPR to enable financial services firms challenged with historical data management issues to quickly and efficiently meet GDPR requirements.”

He describes the GDPR solution as having three steps, extract, track and comply. Extract requires liaison with IT teams to tap into various data sources; track includes data storage and is based on a Janusgraph database that enables powerful and fast queries to see, for example, if a person has given consent to the use of particular data; comply uses a scoring mechanism to assess a firm’s compliance against each of the 12 steps in the Information Commissioner’s Office’s guide to GDPR. A weighted average across all 12 scores allows a data protection officer to see on one page how compliant the firm is, while the graph database can, for example, provide detail on which machines and tools are impacted by a data breach.

As a small company, Pontus Vision is working with partners to deliver its GDPR solution to market. The business model allows the GDPR software to be downloaded at no charge with users paying a yearly support and consultancy fee.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

Northern Trust Highlights Asset Owners’ Data Challenge in Private Markets

Much is spoken of the data challenges that institutional asset managers are facing as they redraw their business models to meet the demands of a new economic environment, but less is said of asset owners, who are undergoing their own operational transformations. For them, the data journey is just as challenging; as their operational models...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...