Case Study: Deloitte achieves GDPR-compliant, scalable analytics with Syntheticus OPTIMA

How Syntheticus addresses data challenges faced by financial institutions, including data scarcity, cybersecurity concerns, money laundering risks, and restricted access to transaction data

Deloitte was struggling to manage a large and complex financial database containing over 8 million records across a dozen relationally linked tables. The challenge was to utilize this sensitive data for analytics while navigating strict data privacy regulations like GDPR. To address this, they partnered with vendor Syntheticus and used their OPTIMA platform.

Syntheticus implemented its OPTIMA solution, which quickly generated a high-quality, synthetic version of the entire relational database. This synthetic data preserved the statistical patterns and referential integrity of the original data without containing any personally identifiable information. The solution provided Deloitte with a robust, GDPR-compliant foundation for advanced analytics and business intelligence, enabling comprehensive data mining and predictive modeling without privacy risks.

Deloitte