Security for data wherever it goes ELEVATOR PITCH: Klaryteeis a SaaS platform that builds security into sensitive content to enable granular control wherever the data goes. With over 2B active users in the top 3 document platforms alone, they see this as an exciting and important area to start addressing YEAR FOUNDED: the challenges of secure collaboration but have an ambitious roadmap to integrate into many of the leading enterprise 2021 platforms to give complete control to organisations to all their data. SECRET SAUCE: TEAM SIZE: The key differentiator for Klarytee is that it is integrated into existing workflows in MS Word with future integrations across 6 commonly used document platforms. This requires minimal change to user behaviour, is easier to deploy for an enterprise using their existing O365 or enterprise software environment and frictionless for the end-user to be able to view the decrypted TARGET CUSTOMERS: content within their document editor CISO, Digital Transformation, Legal, Compliance USE CASES RELEVANT INDUSTRIES: 1 Secure External Collaboration Retail Banking, Wealth Challenge: Current document controls don’t apply to documents attached to outbound communications when they leave Management, Corporate the enterprise boundary – e.g. customer and supply chain comms. Leaves organisation vulnerable to compliance and Banking, Fintech platforms, regulatory risk. Solution: Encrypt documents using Klarytee to protect the contents beyond the enterprise boundary and Non Financial Institutions restrict access to a user even before there are onboarded to internal IT infrastructure 2 SaaS Security Challenge: When using SaaS applications, there is no control on jurisdiction where data are hosted and accessed. Without a full audit trail, leaves organisation exposed to data leaks and data leaving a jurisdiction Solution: Encrypt documents using Klarytee to protect personal and other sensitive data by default and apply location based decryption policies to prevent accidental or intentional breach of compliance or data loss when hosted on SaaS platforms CLOUD WE WANT TO LEARN ABOUT: Insights you’d like form our partners e.g. • How do FIs partner with startupswhen dealing with a business critical capability? • What do FIs look for in terms of partnerships to give confidence to deploy a capability at scale?
FIL 2023 Cohort Booklet Page 33 Page 35