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Combines Data Masking, AWS Support to Ensure Secure Cloud Migration
Menlo Park, CA — June 17, 2014 – Delphix, the leading provider of agile data solutions, today announced that the company has released the Compliance Engine, a new software product that provides enhanced data security and governance capabilities to help companies comply with stringent regulations across a variety of industries. Globally, companies spend over $440 billion for IT-related compliance. Regulations such as Sarbanes-Oxley for public companies, HIPAA in healthcare, and Dodd-Frank in banking impose major data-related security, reporting, and analysis burdens on organizations of nearly any size.
With applications running on premises, in hosted facilities, and public clouds, companies have to secure data and processes within a dissolving perimeter. The Compliance Engine combines data masking or de-identification with automated data delivery both within datacenters and into the cloud. Built on the award-winning Agile Data Platform, the Compliance Engine collects data from source applications, masks and secures data by policy, and deploys data to target environments to support compliance reporting, scenario testing, data logging and reconciliation, and data loss recovery.
“The number of regulations in our industry continues to increase and be a challenge,” said Rick Hopfer, CIO of Molina Healthcare. “All of these regulations demand that we be able to manage immense amounts of sensitive data efficiently and securely, while rolling out new applications that can accommodate the significant influx of new patients. The ability to quickly deliver masked data with Delphix has enabled our team to shorten development cycles, reduce risk and improve environment recovery across our organization.”
As new regulations emerge across industries and regions, multinational companies must consider compliance requirements across all of the markets in which they operate. This can add up to tens of millions of dollars in compliance costs each year, consuming valuable IT manpower and systems. To respond to fast-changing regulations, the Compliance Engine features the following capabilities:
“Firms in regulated industries struggle to keep up with ever-growing volumes of sensitive data across an increasingly complex array of repositories and locations,” said Jedidiah Yueh, CEO and Founder of Delphix. “Many IT organizations cannot keep pace and run the risk of major fines and penalties, which can put the entire business at risk.”
The Compliance Engine helps Delphix customers control data, while responding faster and more cost effectively to changing regulations. Regulations like Dodd-Frank, CCAR, and Basel III have risen to the forefront of the global economy to ensure that banks have adequate reserves and liquidity to survive economic downturns and events. These critical regulations set challenging requirements for banks, including the need to run an expanding array of stress and scenario tests, run tests on specific days in the past, and ensure accuracy and lineage of data.
With Delphix TimeFlow, an integral part of the Agile Data Platform, customers can easily spin up scenario test environments at any time, branch as many environments as needed to handle unanticipated testing, quickly bookmark reporting data for later audits or compliance demands, and dial multiple environments back in time for data proof and reconciliation.
The Delphix Compliance Engine is available today. For more information about the Compliance Engine, visit http://www.delphix.com/products/compliance-engine/. To learn more about Delphix Agile Masking, visit http://www.delphix.com/solutions/data-masking/.
Delphix is the market leader in Agile Data, which helps industry leading companies around the world deliver critical application projects on time and on quality. The Delphix Agile Data Platform delivers the right data to the right team at the right time. Today’s businesses rely on applications for core processes and to streamline operations. Industry leaders across the Fortune 500 use Delphix to accelerate application projects by 2x, expand into new markets, and respond faster to competition. Delphix is headquartered in Menlo Park, California, with offices around the world.
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