Backed by the founders of Manhattan Associates (NASDAQ: MANH) and AirWatch ($1.54B acq. by VMware), Atlanta- and London-based OneTrust is a global leader in enterprise privacy management software used by more than 1,500 organizations to comply with data privacy regulations across sectors and jurisdictions, including the EU General Data Protection Regulation (GDPR).
In under two years, OneTrust has surpassed 200 employees across four global offices in the United States, Europe, and Asia, and is among the most widely used global technology solutions to implement a privacy compliance program.
The OneTrust platform helps organizations track the full lifecycle of their personal data flows, analyzes them against global regulations to understand risks, communicates directly with customers, employees, and vendors to capture consent, handles privacy-related requests, and responds appropriately in the event of an incident.
A Comprehensive Privacy Management Platform
OneTrust’s comprehensive privacy management software provides a centralized platform to track data and automate privacy processes. Through proactive self-assessments, OneTrust helps privacy professionals manage compliance for both existing and future regulations.
The platform is pre-configured with regulator guidance-based questionnaires and automated workflows that can be used collaboratively to demonstrate compliance with record-keeping requirements. The multi-lingual software can be easily tailored via a point-and-click user interface based on unique industry and organizational requirements.
OneTrust’s scalable, modular platform includes solutions for Data Protection by Design, Data Protection Impact Assessments (PIA / DPIA), Vendor Management, Incident and Breach Management, Records of Processing (Data Mapping), Consent Management, ePrivacy Cookie Compliance, Data Subject Access, Portability, and Right to Be Forgotten.
OneTrust integrates new privacy workflows on an ongoing basis and shares an underlying architecture for both PIA and DPIA Automation and Data Mapping Automation, allowing PIAs to receive automatic updates to data flows, inventories, and risk analyses. The updated results are embedded within the data map to reassess the organization’s existing data structure.
A Leader Who Recognized A Need in Privacy
Recognizing macro trends in personal data, IoT, big data, and privacy regulations, and a lack of precedence for technology in the privacy field, OneTrust CEO and Fellow of Information Privacy (FIP), Kabir Barday (CIPP US/E, CIPM, CIPT), set out to create a comprehensive software that would help organizations comply with the shifting regulatory environment. Since founding the company, Barday has led OneTrust to significant growth achievements in the privacy risk management and compliance sector and is chiefly responsible for a customer base that includes many Fortune 500 and Global 2000 enterprises.
Barday oversees all the aspects of OneTrust’s product development, operations, and sales, and evaluates industry trends and analyst research to drive product planning and design.
Prior to OneTrust, Barday served as the Director of Product Management at AirWatch by VMware, which now serves more than 20,000 global customers and is recognized as the undisputed market leader in enterprise mobility management (EMM) technology. While at AirWatch, Barday received the HPE-IAPP’s Most Innovative Privacy Technology Award after launching the Privacy First program, an initiative incorporated into the AirWatch platform that informs product features and helps organizations comply with privacy principles while providing transparency, access, and choice to end users.
Barday is a privacy thought leader and frequently speaks at leading industry events such as the IAPP Global Privacy Summit, RSA Conference, and Infosecurity Europe.
When Experience is an Asset
The key innovation that sets OneTrust apart is its team’s deep understanding of the global regulatory environment and the software industry as a whole. OneTrust has a large and fast-growing global multi-lingual team.
OneTrust is powered by deep research in the form of an in-house, globally available consulting and support team of privacy and legal experts. OneTrust’s internal privacy research team, external advisory board, and its large global network of law firms and consultant partners provide the organization with timely insights on regulatory updates that inform product innovation.
What the Future Holds
OneTrust expects its product line to continue growing as the CIO, CISO, legal, compliance, and privacy offices begin to work more collaboratively to implement privacy-specific processes. Countless tools and technologies are already in place, but none are available that bridge the gap between all departments to support company-wide privacy initiatives. The organization is committed to fostering innovation and delivering practical solutions for complex regulatory requirements, and believes there will be many more use cases for OneTrust’s privacy management platform as organizations prepare for GDPR compliance.
Source :- The 10 Most Trusted Risk and Compliance Solution providers 2017
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