Industry Leader Continues Commitment to Security and Accuracy with
New Legal Standard
CHICAGO--(BUSINESS WIRE)--
Donnelley
Financial Solutions (NYSE: DFIN), a leading global provider of risk
and compliance solutions, today announced that it has nearly completed
its dedicated effort to meet the requirements of the European Union’s
(EU) General Data Protection Regulation (GDPR) ahead of the May 25th,
2018 enforcement date, and has begun sharing learnings and guidance with
its clients to leverage as they undertake their own GDPR compliance
efforts.
GDPR, which replaces the EU Data Protection Directive, is the most
significant and broad reform to EU data privacy laws since 1995, with
impact globally on all organizations processing EU subjects’ data. To
support clients in complying with GDPR, Donnelley Financial Solutions
recently released “Power Up Your GDPR Journey,” a guide which
discusses steps clients can implement in their compliance journey, and
will host a worldwide webinar on the topic on May 10th, 2018.
In addition, the Company will continue to add informational resources
leading up to the May 25th implementation date.
Under the provisions of GDPR, Donnelley Financial Solutions acts as a
Processor, an organization that determines the purpose of the data being
processed, for its Controller-clients, organizations who determine how
that data is being processed. To effectively execute that role, the
Company’s suite of products has been undergoing both technical and
organizational process review to enhance privacy controls and
capabilities to ensure support for clients worldwide in meeting their
GDPR obligations. Regardless of where a company is based, it is required
to comply with GDPR if it controls or processes personal data of EU
residents by itself or on behalf of another company.
“As a market leader in compliance solutions, we’re a strong advocate for
investing in technology and security infrastructure, and continually
refining our practices to ensure we provide our clients the necessary
tools, support and insights to meet the regulatory requirements and
achieve market success,” said Dannie Combs, Senior Vice President and
Chief Information Security Officer at Donnelley Financial Solutions.
In addition to advising clients on concrete steps to take in advance of
May 25th, the Donnelley Financial Solutions’ guide outlines
how the Company is preparing its own systems and processes for GDPR
compliance.
The May 10th webinar for clients, “Deciphering GDPR,”
will provide a review of the regulation from both legal and technical
perspectives, with considerations related to GDPR as well as to relevant
Donnelley Financial Solutions specifications.
For additional information on Donnelley Financial Solutions' approach to
GDPR, including the "Power Up Your GDPR Journey" guide and
webinar registration information, please visit http://info.dfsco.com/gdpr.
About Donnelley Financial Solutions
With the right solutions in moments that matter, Donnelley Financial
Solutions (NYSE: DFIN) delivers risk and compliance solutions that fuse
deep industry experience, unparalleled service, and elegant technologies
to provide our clients with insights that power their decisions and
shape global markets. The company has 3,400 employees in 61 locations
across 18 countries, serving thousands of clients globally. For more
information about Donnelley Financial Solutions, visit www.dfsco.com
or follow us on Twitter @DonnelleyFin or on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180430005617/en/
Investor Contact:
Sloan Bohlen
Solebury Communications
Group
investors@dfsco.com
or
Media
Contact:
Sammi He
646-502-3563
she@stantonprm.com
Source: Donnelley Financial Solutions