Case Study: a largest banking and finance company achieves sanctions compliance with Data Dynamics

Billions of Files Scanned to Identify Russian Data to Comply with the Sanctions Imposed by U.S. Government

Data Dynamics helped one of the largest banking and finance companies address the challenge of complying with U.S. government sanctions on Russian entities. The customer needed to scan billions of files to identify and block assets related to over 300 sanctioned individuals and companies, including sensitive information like names and locations, in order to avoid significant financial penalties for non-compliance.

The solution from Data Dynamics involved using their Analytics Suite to identify Russian data, analyze content for custom reporting, and quarantine sensitive files. This process was backed by an immutable blockchain audit log to track data access. As a result, the customer successfully strengthened its discovery process, accelerated the blocking of sanctioned assets, and ensured full compliance to avoid any penalties.