Compliance, or the ability to act according to regulations set by external organizations, nowadays is affecting all areas of business. Anywhere365 helps organizations to comply with the following regulations:
- PCI – The Payment Card Industry Data Security Standard is developed by a consortium of credit card companies. Its aim is to secure credit card transactions by ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection. Anyone offering their customer to pay by credit card has to be PCI compliant.
- MiFID II – EU’s Markets in Financial Instruments Directive aims at making financial markets in the European Union (EU) more robust and transparent. It creates a new legal framework that better regulates trading activities on financial markets and enhances investor protection. The new rules, called ‘MiFID 2’, revise the legislation currently in place and will apply from January 2018.
- GDPR – EU’s General Data Protection Regulation. GDPR aims to harmonize data protection laws across the EU when it comes into force in May 2018. Superseding national data protection laws it will apply to every organization in the world that does business with EU residents.
Our standard solution already enables compliance with all of these regulations, and due to adaptability of our software and our agile development process we are able to quickly incorporate additional requirements when needed. This article describes our standard solutions.