Trunomi enables businesses to demonstrate compliance and accountability in customer data use

Trunomi provides customer consent and data rights management technology which enables businesses to request, receive, capture and prove the legal basis for processing customers data. We enable businesses to comply with EU GDPR & ePrivacy Regulation, global data privacy laws, automate compliance and future proof for regulatory change. Turn regulation from a burden into a competitive advantage – harness Trunomi to prove accountability in data use and access personalized, relevant, permissioned data sets from customers, in real time, to enhance the customer relationship and increase revenue.

Trunomi use cases

COMPLY WITH EU GENERAL DATA PROTECTION REGULATION (GDPR)

In 2016, the incoming EU General Data Protection Regulation (GDPR) will control the security and management of customer data and for the first time put the power into the hands of consumers.

Financial institutions will have to fundamentally rethink the ways in which they collect and handle customer data or face penalties.

Find out how working with Trunomi can simply and quickly solve key aspects of the incoming regulation.

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CONSENT TO DIGITAL MARKETING

Large corporations are experiencing disruptive competition from new entrants who are benefitting from falling costs of innovation due to advances in communication technology.

Firms face growing barriers to launching new products designed to leverage existing customer relationships and data, undermining their innovation efforts due to lack of consent to use personal data for direct marketing, in compliance with privacy regulation.

Find out how working with Trunomi can simply and quickly solve key aspects direct marketing of the incoming regulation.

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DIGITALLY UPDATE TERMS & CONDITIONS

Today an businesses (particularly Financial institutions and insurance companies) sends account change notifications through the post – accumulating high costs .

The Trunomi platform provides a secure, auditable and all-digital communication channel between businesses and customer; businesses and customers can send documents and messages with ensured, certified delivery.

Read how the Trunomi customer-driven data sharing platform reduces operational costs and inefficiencies and increases customer retention by enabling amazing end-to-end digital experience

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UPDATING AND MAINTAINING CUSTOMER RECORDS

Financial institutions are legally obligated by KYC & AML laws to hold accurate, up to date, valid personal data on all their account holders – not just their ‘front book’ or recently on-boarded customers. In some cases, updated information (KYC documents, preferences, contact details) is provided by a customer to a business but this record is not replicated across silo'd business lines / customer relationship management stores or customer record data stores – resulting in duplicated effort by the customer and poor customer service experience.

Trunomi provides technology to allow banks to know your customer better (KYCB) by connecting financial institutions to their customers over an all-digital open API data sharing platform and capture and manage consent to share data across business lines or customer stores to eliminate frustrating customer experiences.

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DIGITALLY ONBOARD WITH CONSENT TO USE CUSTOMER DATA

Customer demand for all-digital on-boarding and account opening experiences however all digital data delivery results in increased risk of data privacy regulatory fines and sanctions (as much as 4% of global revenue under EU GDPR)

Read more on how to solve the challenge of sharing and maintaining consent to use customer ID data through the Trunomi data rights management platform and immutable, auditable consent certificate, TruCert.

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Latest News

Trunomi announces joint venture with Shyft Network

Posted by Trunomi, 23rd May 2018

Shyft has also announced a separate MOU with global data rights company, Trunomi, which was founded in Bermuda. Together, Shyft and Trunomi plan to leverage...

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Trunomi wins Marketing Nation DemoJam

Posted by Trunomi, 16th May 2018

Marketo, Inc., the leading provider of engagement marketing software and solutions, announced the results of its first Demo Jam competition hosted at Marketing Nation Summit in San Francisco earlier this...

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What is GDPR? A look at the European data privacy rules that could change tech

Posted by Trunomi, 27th April 2018

A new European data regulation that just a month ago seemed like an obscure piece of legislation is suddenly on the lips of everyone in...

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