Solidatus, provider of a data management solution that allows organisations to connect and visualise data relationships, and Corlytics, a supplier of regulatory risk intelligence that combines innovative technology with legal and industry expertise, have partnered to offer customers of both companies the ability to map regulations from across the globe to their data estates and match them with systems, policies, processes and people.
The combined solution sees digitised regulatory content from Corlytics automatically pulled into Solidatus regulatory data catalogs and linked to data lineage models where the content can be mapped to companies’ processes, policies, controls and systems. This should enable better informed decisions and allow firms to show that they are compliant.
“Combining Corlytics content with Solidatus lineage models across firms’ IT infrastructures gives users the ability to map compliance with regulations holistically, tracing lineage across all internal control systems. This means they can more easily identify the impact of regulatory change and demonstrate full compliance with regulations, ultimately delivering ‘front-to-back’ compliance,” says Corlytics founder and CEO, John Byrne.
Solidatus CEO and co-founder, Philip Dutton, adds: “Increasing rapid change in the regulatory landscape puts exponential pressure on data governance and compliance practitioners. It also forces organisations in heavily regulated industries to spend a disproportionate ratio of funds on regulation and fine avoidance, which in turn strangles innovation and agility. Our partnership with Corlytics provides end-to-end transparency from regulatory obligation, through implementation to regulatory evidence.”
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