Category: Compliance
May 9th, 2018
Boomi Can Help Organizations Meet the Demands of GDPR Compliance
In our previous post on the General Data Protection Regulation (GDPR), we explained that Dell Technologies has identified six high-risk obligations that organizations must meet for GDPR compliance. As an independent business unit of Dell, Inc., Dell Boomi has used this framework to assess how its unified platform can aid organizations as they prepare for the GDPR.
Boomi Master Data Hub provides organizations the ability to address three of the six high-risk obligations for GDPR: Record Keeping, the Accountability Principle and Data Retention.
April 25th, 2018
Helping to Prepare for GDPR: Ready, Set, Go
As we noted in our first post about the European Union’s update to its 1995 Data Protection Directive — the General Data Protection Regulation (GDPR) — many CIOs in the United States are expecting to spend a million dollars or more to comply with GDPR. [1]
It’s hard to quibble with that kind of money, but millions of dollars won’t be enough — unless they’re spent wisely. And that means CIOs need a plan.
April 16th, 2018
Open Banking Creating New Competitors and Partners
For years, European financial services customers have demanded more choice, better deals and superior customer service from their banks. In 2018 their wish be will granted. The EU’s Open Banking initiative forces banks to expose their customer data and payments infrastructure to third parties. This means digital payments and deep spending insights will be fully available to customers for the first time.
Open banking brings about a whole new challenge. It is a cultural, as well as technological, shift.
April 12th, 2018
Application and Data Integration Can Help Organizations Better Respond to GDPR Challenges
The European Union (EU) Data Protection Directive was passed in 1995. However, it didn’t foresee all the changes that would happen because of the evolution of digital technology. As a result, an update was needed. And now it will be shortly. The new General Data Protection Regulation (GDPR) takes effect on May 25, 2018.
Though certainly not a fix for every aspect of the GDPR, data and application integration can play an important role in how organizations respond to GDPR requirements.
April 4th, 2018
Open Banking Promises to Bring New Competition to Financial Services
Financial Services is undergoing rapid change. Mobile banking and fintech systems are spurring the emergence of the European-led Open Banking initiative.
This is a significant development in existing regulations. While Open Banking aims to enhance customer protection and security, it also makes it possible for telcos, retailers and other companies to provide payment services. These organizations, with their ability to continually improve and differentiate their customer experiences, will likely disrupt the financial services industry.
February 16th, 2018
How Now Cloud? Where CIOs See the Cloud Today and for Tomorrow
As cloud technology and business practices evolve, it is important to capture the strategies that are working for chief information officers. To do this, I reached out to the followers of #CIOChat that I host on Twitter. I asked CIOs for their current thinking on public cloud, private cloud and hybrid cloud. We discussed how organizations can best take advantage of this fundamental technology shift. Hopefully, their insights prove valuable to you.
The State of Cloud Strategy
Most CIOs say they are currently carrying out a mixed cloud strategy and that the cloud-first approach is a relatively new development.
July 28th, 2017
The Winding Road of a Dell Boomi Integration Specialist: Q&A with Community Champion, Sjaak Overgaauw
For this edition of the Community Champions series, we talked to Sjaak Overgaauw. Sjaak has taken somewhat of a road less traveled to reach his current position as founder and CTO of Cloud Connectors — a Netherlands company specializing in integration using the Dell Boomi platform. And his ambient music genre recording label Premonition Factory simply adds to Sjaak’s interesting background.
Boomi: How did you get started in IT?
July 19th, 2017
The Cloud Revolution in Banking
At a recent banking roundtable hosted in London, participants were presented with two questions:
- Do you agree that in just three years from now, every new core banking system that goes live will do so in the cloud?
- And do you agree that any new bank starting now would be mad to go any other way than the cloud?
The answer to both questions — from participants ranging from executives at established banks to founders of banking start-ups — was “yes.”
Banking Is Moving to the Cloud
To appreciate how startling this answer is, remember that, at least in the United States, most core banking systems — the systems that run the daily operations of a bank — are legacy on-premise software systems.
October 24th, 2014
Solving Interoperability Challenges for Healthcare and Life Sciences Organizations
In the wake of mergers and acquisitions, as well as today’s emphasis on value-based care, healthcare and life sciences organizations need access to patient data from many disparate systems. The result? A hybrid IT environment—composed of any combination of legacy, cloud and on-premises systems.
But that’s not the only challenge healthcare and life sciences organizations face. Whether we’re talking about payers (health insurers, Medicare, pharmacy benefits management), providers (hospitals, clinics), or life sciences companies (pharmaceutical companies, contract research organizations, labs), these organizations must:
- Balance tremendous cost pressures while working within and among a wide array of systems.
September 19th, 2013
An adaptive middleware deployment model for compliance and security advantages
How do cloud and middleware mix? For Novartis, what appeared initially as a challenge to overcome proved instead to be pretty compelling features of the platform.