Financial institutions are bound by regulations ranging from the GDPR in Europe to Sarbanes-Oxley in the USA, and the PCI DSS globally. Each regulation defines how data must be managed, accessed, and secured, and requires demonstrable proof by means of audits to verify that appropriate measures are in place.

Akku plays a major role in enabling statutory compliance for financial services businesses. Granular control can be exercised over the access permissions provided to each user, with visibility made available on Akku’s Smart Analytics dashboard. Protection of data through multi-factor authentication, access restrictions and password policies is also made possible and is easily verifiable. Finally, Akku also maintains comprehensive audit logs of all user access activity which is an important resource during compliance audits.

Streamline steps towards compliance and provide verifiable data during audits with Akku’s User Lifecycle Manager, MFA, and Access Manager.