Kforce Enables Industry Leading Bank to Meet Federal Regulations on Data Encryption
Customer Story
Meet Federal regulations on data encryption despite a strict timeline and no in-house talent
Challenge
An American multinational financial services company needed to encrypt and transfer their Teradata from 8 data warehouses to comply with recently updated Federal regulations.
Lacking established in-house talent and facing only a two year timeframe to meet Federal compliance, our client recognized the need to partner with a firm who would engage a team of IT professionals to complete the migration and encryption with complete confidence.
highly qualified IT Professionals
10
custom data transfer application
1
encrypted data warehouses
8
At a glance
Most recognized staffing firm by Tech consultants
Financial Services clients
DID YOU KNOW?
Less than 2% of staffing firms in the U.S. and Canada have earned the Best of Staffing Award for service excellence. We’re honored to have earned this distinction for more than five consecutive years in both client and candidate categories.
8+
Million professionals in our talent network
400+
#1
3/5
Of the top banks currently partner with Kforce
5+ Years
Recognized for world-class client satisfaction
by Clearly Rated
- IBM
$4,240,000
The average cost of a data breach in the US in 2021
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SOLUTIONS
With a client-driven project plan outline, Kforce quickly identified and deployed a team of 10 IT professionals to build an application to funnel the data into the encryption tool. Based upon the team ramp plan, the project’s key resource, a .NET Developer, was in place within the first month.
RESULTS
Successfully brought client into compliance with Federal regulations prior to deadline, avoiding fines
Delivered a team of highly skilled and experienced consultants to encrypt data via a custom-built application
Leveraging our extensive virtual bench of experienced talent, Kforce deployed a team of qualified IT professionals quickly and efficiently, leading to a timely transfer and encryption of valuable data. Due to the success of the project, internal stakeholders with our client earned promotions and the client avoided fines by being Federally compliant. Several of the Kforce consultants who supported this initiative were also retained by the client and have been redeployed to new client projects.
Over 85% of Kforce’s business has a direct tie to IT. As technology continues to shape how the world does business, we’re helping top companies transform and adapt to exceed consumer demand. Our industry experts don’t just stay on the cutting edge of new technology and innovative business solutions, they define them.
Technology-First
We know compliance and risk mitigation is important to every company, especially those in the financial services industry. As a TruSight member, Kforce is dedicated to taking a proactive and forward leaning approach when it comes to monitoring adherence and compliance in all areas of our business and yours.
A Focus on Compliance
Financial Stability
We know the true value of a business partnership comes from building a long-term, reliable relationship. We’ve seen year-over-year growth that is backed by sound governance and future-centric leadership. As a publicly traded company, you always have access to the latest reporting, investor relations and firm commitments. Building trust and transparency is how we do business.
For more than 60 years, we’ve helped the majority of the Fortune 500 on their journey to success. We’ve navigated favorable and unfavorable market conditions, and have helped our partners do the same. Kforce is a stable company, rich with legacy and experience, that recognizes the opportunity for growth into the foreseeable future.
60+
With over 4,500+ consultants across 400 Financial Services and Fintech clients, our network of exceptional professionals can make an impact where it matters most. From modifying and enhancing to automating your services, we have the experience and the resources to seamlessly transform your business.
4,500+
It’s estimated that 65.3% of Americans will use digital banking in 2022, according to Statista. We know you want to earn and preserve your customers’ trust. Alignment to TruSight standards means we effectively monitor adherence and compliance in the following areas of our business: Customer Contact and Complaint Management, Human Resources and General Ethics, Information and Cybersecurity, Privacy, Business Resiliency, Corporate Oversight and Internal Controls.
65.3%
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