SIVECO Romania, 15 years of expertise in personal data processing and protection | SIVECO Romania

SIVECO Romania, 15 years of expertise in personal data processing and protection

Monday, May 28, 2007

Bucharest, 28th of May 2007 – The financial & banking sector represents one of the engines in the economical sustainable development of every country. Accession to European Union brings along new challenges to this sector as well, both regarding the legislative aspect and the market movement, which implies stronger competition and the need to offer a portfolio of products and services more and more complex and varied.

As partner, SIVECO Romania recently participated to the “Protection and procession of data in financial & banking activity” conference, organized by FINMEDIA along with Romanian Banking Association and National Authority for Surveillance of Procession Personal Data.

During the event, the SIVECO Romania’s representatives have presented the solutions and the expertise of the company in projects concerning personal data of numerous organizations all over the economy.

“We succeeded to make ourselves a very firm business card in this kind of projects that, beyond complex technical implemented solutions, represents a specialists team, understanding each client’s specificity and the difficulty of dealing with personal data so that any lack of information, IT or human regarding, could be avoided. We assume the quality of a Supplier for such systems and that oblige us to a very careful management of the human and technical resources involved in the project”, explains Florin Ilia, VicePresident Business Development Group at SIVECO Romania.

During this event, there was presented the project developed with the Romanian Credit Bureau, institution which implemented the SIVECO’s solution SIVABON in order to monitor the financial behavior of the debtors, assure quality of data, the secure access and confidentiality.

After implementing SIVABON solution, the participants’ access to the Credit Bureau’s system is quick, viable and secure, equitable and non discriminating, the IT networks interconnected to the Credit Bureau are strictly protected, communication is cryptic and assured. The chosen communication solution is scalable, prepared to support high loading without any compromise regarding the speed, the viability or security. Monitoring and full control are assured in order to prevent data thievery, system usage abuses and the lost of data outside the Credit Bureau, as reporting frequency is daily.

“We greatly cherish the collaboration with the Romanian Credit Bureau. We are glad that, today, our application generates the Credit Report in about half of a second and the loading process has been radically improved”, says Florin Ilia, VicePresident Business Development Group at SIVECO Romania.