Data Protection Audit for financial services businesses.

Safeguarding Your Business's Digital Magic

In the modern financial services business tapestry, data is an intricate thread weaving stories of innovation, growth, and connection. But, it also comes with a unique set of responsibilities and risks. My specialised Data Protection Audit is designed to unravel these complexities, ensuring that your business not only remains compliant but thrives in today's digital landscape.

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What’s Included?

  • 1. Deep Dive Audit (Enchanted Audit)

    I delve into the heart of your operations and your current policies and procedures, this will cover:

    a. Data Flows - I'll start by understanding the paths your data takes within and outside your organization. By understanding these routes, we can pinpoint vulnerabilities and streamline processes for optimal protection and efficiency.

    b. Individual Data Rights Assessment – determine whether your business has a clear understanding of individual’s data rights and that it is prepared to handle such requests compliantly.

    c. Data Retention – ensuring old and unnecessary data isn’t a liability for your business and is disposed of securely and compliantly.

    d. Digital Custodians – An assessment of businesses with whom you are custodians of your company/clients data to establish any requirements to fortifying your data chain.

    e. Website Review – a curated review of your website to spotlight areas that align with best practices to ensure safety of user data.

    f. Email Marketing - can be a magical tool to connect with your audience. However, it's also riddled with data protection regulations. I'll delve into your email marketing practices, ensuring compliance with regulations like UK GDPR and PECR, ensuring your messages reach their destination without regulatory hiccups.

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  • 2. Tailored Data Protection Strategy:

    No two financial advisory businesses are the same. The audit is personalized, ensuring that the risks highlighted are directly relevant to your unique business model and your aspirations. Walk away with a bespoke document that is tailored to your business, ensuring both robust compliance and efficient data management.

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  • 3. Actionable Recommendations

    I don’t just point out the gaps; I give you a roadmap to bridge them. Every potential pitfall is paired with a pragmatic solution, ensuring your pathway to compliance is clear and actionable.

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  • 4. Growth-Focused Insights

    Beyond compliance, my insights are designed to empower your business growth, via management information, I will illuminate opportunities to streamline any operational inefficiencies.

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  • 5. Partnership

    I understand the trust you're placing in me. That’s why I’m committed to being more than just an audit service. I am a partner in your journey, valuing your reputation and intellectual assets as if they were my own.

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  • 6. Gift of Time

    Hand over the complex web of data compliance and operational risk management to me and get back to what truly matters – nurturing your business and bonding with your clients or your life.

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Elevate your Financial Advisory practice beyond compliance. The ongoing support isn't just a service – it's a partnership in your evolution.

From strategic implementation to tailored consultancy, I’m your Genie – Find out more about the Ongoing Support

When your business aligns with compliance, it doesn’t just survive – it thrives. Unlock the power of proactive Governance, Risk, and Compliance management with our bespoke audit service. Your next level of growth is just an audit away.

What’s in it for you?

  1. Cultivate Trust: In a world rife with data breaches cultivate a deeper trust with your clients and stakeholders. In a business where you hold clients personal and financial information this trust isn’t good to have it’s a necessity.

  2. Avoid Costly fines: Sleep soundly knowing your business is in full compliance, with strong data protection practices. Non-compliance can lead to significant financial penalties. An audit acts as a preventive measure saving potential future costs.

  3. Empowered Growth: Free up valuable time and mental bandwidth, redirecting your focus to where you shine most: expanding your business and deepening client relationships.

  4. Empower Decision-making: With a clearer understanding of data flows, management information and protection standards, businesses can make more informed, confident decisions.

  5. Enhance Reputation: Demonstrating a commitment to data protection can bolster a company's reputation, differentiating it from competitors.

  6. Optimise Operational Efficiency: A thorough audit can reveal inefficiencies in how data is handled, paving the way for streamlined operations.

The Process

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  • Schedule a call to discuss your unique needs, aspirations and challenges. The first step to invoking the guidance you seek and an opportunity for us to align our magical compasses to ensure we are both on the same path.

  • I will need specific information to enable me to assess your business, this may range from organisational charts, compliance reports, policies, operational guidelines and some management information. This enables me to have a more holistic view of your business and it’s data flows. Where applicable, I will also require assess too your magical team as these often provide valuable insights into the day to day operations of your business. This gives me the opportunity to understand the dynamics of the business and provide realistic recommendations for your business.

  • I will dive into the mystical maze of your business and it’s operations to gather the insights that I require. This isn’t just a mundane assessment it is a magical exploration to identify potential pitfalls and areas that may need a sprinkle of magic.

  • This is where the real magic unfolds and a comprehensive report, mapping out your current compliance landscape will be drafted. This will also spotlight areas for operational enhancements but also highlight areas that are being magically run. You receive an actionable and easy to understand report that acts as a blueprint for your business to manage any data risks and operational efficiencies, ensuring clarity and direction.

  • We will reconvene and review the contents of the report. This ensures that you understand every shimmering detail and enables you to get any questions answered, and clarifications and contemplations needed.

  • The data audit is merely the beginning of a magical collaboration. With your tailored report and action plan, you are set to embark on a journey that will transform your business and how it manages data. If you require a partner in your evolution, I am your Genie.

From £2,222

“When I started my business I knew that creating an email list was going to be one of the components that would allow me to grow my business. I had an idea about GDPR and privacy policies but I knew that I didn't know enough to be confident.
So I went off to research it and the more that I read the more confused I became. It was totally stuck and the thing between me and setting up my email list felt like a massive wall.
Then in came Nyree on her magic carpet and she was able to explain the things that I was confused about. I felt confident that she would be able to help me and so I went ahead with the package and wow - did she deliver!
When we went through everything I felt so much relief, everything that I needed was not only there - it was done for me and she'd thought about the future and things I would need to do or think of down the road. All I had to do was put the right things in the right places and Nyree even walked me through that too.
I can't recommend Nyree highly enough. If you want the job done thoroughly, then go and speak to her, you won't regret it.”

- Lizzy Parsons

In the digital age, data is your business's magic.

My specialized Data Protection Audit ensures that this magic is both potent and protected. From comprehensive data flow mapping to critical email marketing compliance checks, I'll guide your business to not just comply but to thrive in the digital realm.