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Banking Financial Services and Insurance (BFSI)

In the Banking, Financial Services, and Insurance (BFSI) sector, protecting sensitive customer data while ensuring compliance with regulations like GDPR, PCI DSS, and RBI guidelines is critical. Mage Data empowers BFSI organizations with advanced Data Masking, Test Data Management, and Data Governance solutions, reducing risk by up to 90%. Our industry-leading platform ensures secure data access for analytics, testing, and cloud migrations—without compromising privacy or performance.
Enhance security. Stay compliant. Unlock data-driven innovation with Mage Data.

Blogs

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Navigating HSM Compliance in the Bharat BFSI Sector with Mage Data
Introduction The Bharat BFSI sector is navigating a complex regulatory landscape, with stringent requirements for data protection and privacy. Hardware Security Modules (HSMs) are crucial fo
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Four Best Practices for Test Data Management in the Banking Sector
While managing test data may not be as exciting as what financial institutions can do with analytics, poorly managed test data holds an existential risk. Imagine a rare bug that failed to be
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Ensuring Consumer Data Privacy in Financial Services
It used to be—even just a few years ago—that consumer advocacy groups were complaining that legislation had not “caught up” with technology, and that huge data privacy gaps existed.
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SOX Compliance and Data Privacy: What Companies Need to Know
The Sarbanes-Oxley Act (SOX) was passed by the United States Congress in 2002 to protect the public from fraud by business entities such as corporations. The purpose of this act is to increa
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Data Security Challenges in Financial Service Industry
The industry most targeted by cybercriminals is the financial services industry. Because of the sheer volume of sensitive financial data carried by this industry, it serves as a hotspot for
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Case Studies

UK-based Financial Services firm – Database Security for multiple datastores
UK-based Financial Services firm – Database Security for multiple datastores

A financial services company deals with multiple vendors for servicing and administration of critical tasks. The data obtained from these vendors need to be processed in compliance with privacy regulations to avoid exposure of sensitive data. Download this case study to…

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Top Swiss Bank Cross-Border Data Sharing Home-grown Application protection
Top Swiss Bank : Cross-Border Data Sharing Home-grown Application protection

Download this case study to learn more about how a leading medical supplier in the US deployed the Mage Test Data Management solution to provision anonymized, privacy-compliant test data for sharing with external vendors for support operations.

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UK-based Financial Services Company - Test Data for DevOps
UK-based Financial Services Company – Test Data for DevOps

For financial services organizations dealing with a large volume of transactions, sensitive data containing information on customers and vendors are saved in a number of internal databases with data stored in various formats. Testing and development teams within the organization use…

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Top Swiss Bank Cross-Border Data Sharing COTS Application protection
Top Swiss Bank : Cross-Border Data Sharing COTS Application protection

Download this case study to learn more about how a leading medical supplier in the US deployed the Mage Test Data Management solution to provision anonymized, privacy-compliant test data for sharing with external vendors for support operations.

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Europe-based banking products firm - Discovering Sensitive Data
Europe-based banking products firm – Discovery

Organizations in the Banking, Financial Services, and Insurance (BFSI) industry deal with the sensitive data of millions of customers which include financial records, personal identification, and transaction information. Accurately identifying such information plays a crucial role in an enterprise data protection…

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Top Swiss Bank - Masking for Data Analytics
Top Swiss Bank – Masking for Data Analytics

With the massive amounts of data available in their databases, major international banks leverage this data for analytics purposes to develop new features, improve customer experience etc. To comply with privacy regulations, banks are mandated to anonymize the sensitive information in…

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White Papers

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White Paper – How Mage Data can enhance your investment in BigQuery
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – Regulatory Compliance
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – Responsible Analytics
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – Health Data Security
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – GDPR Compliance
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – DB Security Fundamentals
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – Attribute based vs Role-based access control
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – TDM
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – ROI of Risk Reduction
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – PDPL Saudi
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – PCI DSS
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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White Paper – IRDAI India
In this whitepaper, we cover the key principles of Insurance Regulatory and Development Authority of India (IRDAI) privacy regulation…
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