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Data flow analysis and readiness to meet GDPR regulation

written by Petri Kämäräinen

Fonecta’s business is data. When EU introduced GDPR regulations, it forced Fonecta to make sure they meet all the regulation criterias. To do that, Fonecta hired two of Coredo’s most senior Management Consultants to an almost impossible task of getting the company ready to meet the regulation criteria by the deadline. It was a success.

When GDPR regulations want to be met for real, it is not enough to have legal document in place. It requires a full understanding of processes, data flows, and risk mitigation plans. To meet these requirements, a regular process consultant wasn’t enough, instead, Fonecta needed the most senior Management Consultants from Coredo who each had 20+ years of experience within the IT industry and experience ranging from hands on software development to leading the Europe’s most successful IPO during year 2000.

Coredo took on the task, set up a dedicated war room at client’s office and committed to meet the goal. During the project, we evaluated the existing contracts, clarified roles and responsibilities with Fonecta’s vendors, analyzed all data flow points and draw a architectural understanding of how Fonecta collects and uses data. Since the company has over 30 000 customers, have implemented over 70 000 ad campaigns and have designed over 25 000 websites, this task was not simple, yet, it was successfully completed.

As a result of the project, Fonecta was ready to meet the regulation requirements on time and knew exactly how to operate their business with the new responsibilities. As a side effect, we helped them to save 120 000€ annually on their Amazon Web Services costs.

  • Client

    Fonecta

  • Services Provided

    Management Consultation, PIA documentation, GDPR, Data flow analysis

Petri Kämäräinen

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“A positive attitude and always aiming for better results is the best way to describe the cooperation between Roima and Coredo. The Coredo people are open, experienced, results-oriented and always ready to develop their operations. The spirit of succeeding together enabled the realization of this demanding project.”

| Chief Technology Officer at Roima Intelligence

“The importance of Coredo to Fonecta’s business was great. The well documented Privacy Impact Assessment (PIA), analysis of technical and functional data flows, and the defined security protocols related to GDPR gave Fonecta’s directors a good understanding of their IT Architecture’s current state and provided a way to prioritize future development needs. The project achieved large cost savings by improving the AWS environments.”

| Chief Digital Officer of Fonecta