KPMG is a global network of independent firms providing professional services in Audit, Tax and Consulting. The organization believes that regulation has always been crucial to business success, and this is gaining increasing strategic relevance and prominence on the agenda of board members, presidents and leaders of society.
Therefore, the mission of KPMG Regulatory Beyond is to envision what future regulation will look like and what pressure will be exerted on markets and businesses. Through this, the organization combines knowledge, skills, and technology to provide the necessary security for businesses, enabling them to innovate in how they view and respond to regulatory challenges.
To share this perspective, they brought together a series of three studies called “Innovation and Regulatory Strategy | RegTech 2020"In the study concerning Disruptive Solutions, there is a scenario with 309 startups in Brazil, mainly distributed across the following segments: i) Financial Services ii) Telecommunications & Media iii) Power & Utilities iv) Oil & Gas v) Healthcare & Life Sciences, offering solutions at various points in the customer journey." regulatory framework for market players. KPMG also created a category called "Cross Sector," for startups that serve more than one regulated sector.
The article also points out the profile of the partners that make up a RegTech company. It is 84.4% male and only 15.6% female. The number drops when focusing on Rio Grande do Sul, which has only 7.1% women in leadership positions.
Privacy Tools in Data Protection
Privacy Tools was featured in the Cross Sector category, bringing together startups that offer solutions based on new technologies to meet regulatory demands across multiple industries. It appeared in the Data Protection and Cybersecurity category. solutions that detect and block network security threats and help companies comply with the General Data Protection Law.
With the goal of assisting organizations in this transformation process, during their compliance journeys, we have developed a data management platform. Offering various tools and modules, whether for privacy management or user experience privacy. The modules are designed for use in different market segments and to comply with the obligations of various legislations, such as LGPD, GDPR, and CCPA.
According to Aline Deparis, CEO of Privacy Tools: “It’s possible for a company to start and see results in just a few days, but it’s very important that the LGPD (Brazilian General Data Protection Law) be seen as an asset for the organization because all processes involving the handling of personal data need to be revisited. Our tool is essential for companies, but it alone will not make the company compliant; involvement and dedication from all teams are necessary on this journey towards privacy.”
You can learn more about how to join. compliance with LGPD on our blog. And to see our platform in action, do the free trial!
