# UK BANKING GROUP STRENGTHENS CUSTOMER DATA SECURITY AHEAD OF GDPR
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-09-20
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Close Brothers Technology Services partners with DataRaze
Meta Description: Close Brothers Technology Services teams up with DataRaze to offer secure and auditable data destruction services ahead of GDPR implementation
URL: https://financedigest.com/uk-banking-group-strengthens-customer-data-security-ahead-of-gdprhtml

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- **_Close Brothers Technology Services has partnered with DataRaze to expand its secure data destruction offering for customers_**

UK merchant banking group, **Close Brothers Technology** **Services** **(https://www.closebrotherstechnology.co.uk/**) has partnered with **DataRaze** **(** **www.dataraze.com)** the company behind the creation of the UK’s only machine that provides on-premise, fully auditable, physical destruction of critical data assets.

The machine has been built to manage the safe and effective permanent destruction of confidential customer data in preparation for the General Data Protection Regulation (GDPR) coming into force on 25 May 2018.

Close Brothers Technology Services will help DataRaze customers acquire the equipment with minimum capital outlay through the provision of bespoke funding facilities, tailored to the customers’ requirements.

**Sean Callanan, Director of Technology and Services,** said: “The arrival of GDPR has been a talking point among financial [services professionals for some time now and the secure storage](https://www.financedigest.com/amazon-introduces-seller-storage-service-to-tackle-supply-chain-woes.html "Amazon introduces seller storage service to tackle supply chain woes") and destruction of customer data is becoming more important than ever. This new partnership with DataRaze is just one example of how we are [expanding our data security processes](https://www.financedigest.com/processed-meat-market-in-gcc-to-expand-with-a-cagr-of-8-4-during-2016-2024.html "Processed Meat Market in GCC to Expand with a CAGR of 8.4% during 2016-2024") for customers in preparation of the introduction of stricter regulations under GDPR.”

**Steve Inglessis, [Commercial Director](https://www.financedigest.com/cavai-appoints-jonathan-pacey-as-commercial-director-apac.html "Cavai appoints Jonathan Pacey as Commercial Director, APAC") at DataRaze,** added: “The partnership with Close Brothers Technology Services is the first step on a journey to expand and develop the DataRaze service. The [finance sector deals](https://www.financedigest.com/citi-halted-financing-for-trafiguras-nickel-deals-in-october-bloomberg.html "Citi halted financing for Trafigura’s nickel deals in October – Bloomberg") with some of the most sensitive customer data – from transactions to personal finance details – and customers need to be reassured their information is being stored safely and destroyed effectively when required. We’re thrilled to be working closely with Close Brothers Technology Services and are confident this [partnership](https://www.financedigest.com/impact-com-continues-momentum-in-the-first-quarter-fueled-by-client-growth-new-products-and-partnership-events.html "impact.com Continues Momentum in the First Quarter, Fueled by Client Growth, New Products and Partnership Events") will prove beneficial for their clients.”


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