The institution manages over 800 data points belonging to data subjects, ensuring security and compliance with the LGPD (Brazilian General Data Protection Law).
With a net profit of R$17,4 million in the first quarter of 2024, 27% higher than that recorded in the same period last year, and over R$9,7 billion in total assets, Banco do Estado de Sergipe (Banese) has stood out beyond its financial results. It has more than 800 thousand account holders' data and, in order to manage them, the bank relies on Privacy Tools solutions to comply with the General Personal Data Protection Law (LGPD).
According to Project Manager Marcelo Menezes, the search for a solution that complied with the legislation was a natural path for the institution. “The care for data protection in the financial sector must be even greater. With this investment, we also demonstrate our responsibility and respect for the privacy of our clients' data,” he adds.
The project developed at Banese includes four Privacy Tools solutions: Cookie Management, Policy Management, Data Mapping, and Data Discovery. Menezes emphasizes that the platforms, each with its own unique features, fully meet all types of demands that arise daily. “Initially, we were only looking for a solution to comply with the LGPD (Brazilian General Data Protection Law), but we discovered other potential benefits in the modules that truly facilitate our work, generating a series of competitive advantages and new routines within Banese. There is no doubt that this was a leap in quality,” he celebrates.
According to Aline Deparis, CEO of Privacy Tools, serving financial institutions is always a challenge. “We have a great responsibility to all our clients, and we understand that each project has its own particularities, and it was no different with Banese. With agility, we were able to deliver a robust project that fully meets the bank's needs,” she emphasizes.
Founded in 1961, Banese acts as a financial promoter of the socioeconomic development of Sergipe, supporting various segments and encouraging the generation of new jobs, partnerships and the personal and professional development of its employees. The institution is present in all 75 municipalities of Sergipe, with 63 branches and 465 self-service terminals.
Privacy Tools is a leading privacy platform in the Brazilian market and a pioneer in offering solutions for the General Data Protection Law (LGPD) in Brazil.
Founded in 2019 by Aline Deparis, the company has clients including Rede D'or, Usiminas, Banco RCI, Pague Menos, Farmácias São João, Grupo Bom Jesus, Grupo Fleury, Eletrobrás, Grupo RBS, among others.
With the goal of assisting companies in the process of adapting to the LGPD (Brazilian General Data Protection Law), Privacy Tools offers privacy management solutions with modules designed for use in different market segments and to comply with the obligations of various legislations, such as LGPD and GDPR.
In addition to all aspects of privacy, the company offers modules for ESG (Environmental, Social & Governance), GRC (Governance, Risk & Compliance), and Cybersecurity. Privacy Tools now has its own generative AI, PrIA, focused on privacy management and data protection, GRC, and ESG.
