Regulatory Compliance Consulting Services: Tailored Solutions for Regulatory Success | ExistBI

Comprehensive regulatory compliance and data privacy consulting services across 30+ industries. With ExistBI, companies can efficiently meet global and regional regulations.

Benefits of Regulatory Compliance Consulting Services

Mitigate Compliance and Legal Risks
Working with regulatory compliance consulting services will help you understand your industry compliance ecosystem. Our proactive approach ensures you effectively comply with regulatory requirements, protecting your company from regulatory penalties and legal and financial risks.

Improved Data Governance and Security
Regulatory compliance services can help you shift your process from just data gathering to data governance, analysis, and protection. Using our cutting-edge security protocols, you can quickly implement advanced data security strategies, including encryption and data masking, to protect sensitive information from breaches and unauthorized access.

Streamlined Operational Efficiency
Reduce the complexity and cut the cost of compliance through systematic and controlled digital processes. Our solutions eliminate time-consuming manual tasks, allowing your team to focus on core business operations while maintaining seamless compliance.

Access to Regulatory Expertise
Gives you access to a team of regulatory compliance experts who bring deep knowledge across various industries and legal frameworks. It ensures your business stays compliant with the latest standards, providing peace of mind in today’s complex regulatory environment.

Ongoing Support & Training
Benefit from continuous support and specialized training for your team, ensuring long-term compliance and reducing the risk of future violations.
At ExistBI, we offer continuous support and updates to equip your staff with the tools and knowledge necessary to navigate regulatory challenges confidently.

Our Regulatory Compliance Consulting Services

Data Privacy & Protection Solutions
Our team of data privacy and protection experts will evaluate your business and proffer solutions that help you maintain a comprehensive privacy program that complies with global regulations such as GDPR, HIPAA, and ITAR regulations.

Compliance Strategy & Development
We assess your company’s readiness to meet new or existing regulatory requirements and provide tailored strategies that ensure adherence to frameworks such as CCPA, 23 NYCRR 500 Cybersecurity, PCI DSS, and more.

Data Governance & Quality Consulting
We help your company establish robust data governance and quality practices that ensure your data’s accuracy, consistency, and reliability to enhance decision-making and meet compliance requirements.

Data Masking & Encryption Solutions
We assess your company’s current data protection process and help your business develop advanced data masking, encryption, and protection strategies to safeguard personal information and maintain compliance.

Our Approach to Regulatory Compliance Consulting Services

Phase 1: Initial Compliance Assessment
We analyze your current compliance approach and identify regulatory risks and compliance gaps within your data infrastructure.

Phase 2: Tailored Compliance Strategy
We lay the structure for a successful compliance management framework to meet specific industry regulatory needs.

Phase 3: Implementation
In this phase, we deploy comprehensive data governance, privacy policies, and security protocols to ensure ongoing compliance that aligns with the industry’s regulatory standards.

Phase 4: Continuous Support & Updates
After implementing the compliance framework, we do not stop there. We provide ongoing compliance advice, updates, and support to align your organization with evolving regulations.

Why Choose ExistBI for Your Regulatory Compliance Consulting Services?

Global Experience Across 30+ Industries
We provide regulatory compliance solutions tailored to industry-specific requirements, from healthcare to defense to financial services and more.

Unparalleled Data Governance Expertise
The regulatory ecosystem is constantly evolving. Our focus on data governance and quality ensures accurate, reliable compliance and strategic decision-making data.

End-to-End Regulatory Compliance Solutions
With a team of over 300 seasoned professionals across North America, the UK, and the European Union, ExistBI is equipped to handle every facet of your regulatory compliance needs, from data privacy management to adherence to complex international regulations.

Proven Track Record
Trusted by leading organizations, including healthcare giants like Kaiser Permanente and financial institutions for solutions like GDPR and HIPAA compliance.

Our Regulatory Compliance Consulting Case Studies

FAQs

What is regulatory compliance?

Regulatory compliance is the practice of adhering to or following laws, regulations, guidelines, policies, and specifications issued by governments and regulatory bodies regarding a business process.

What are the common regulatory frameworks businesses need to comply with?

The regulatory framework will vary depending on the industry and jurisdiction. Some common regulatory frameworks businesses must comply with include GDPR, CCPA, PCI DSS, SOX, HIPAA, and industry-specific regulations.

How can poor data quality affect regulatory compliance?

High-quality data is a critical resource for your organization. It provides accurate business insights, informs strategic decision-making, and aids regulatory compliance. Conversely, poor data quality has the opposite consequence: it leads to breaches in regulatory compliance standards, resulting in legal repercussions and hefty fines.

How can businesses ensure they meet data privacy requirements?

Businesses can meet data privacy requirements by following best practices such as implementing data privacy and governance policies, encryption, regular audits, masking, analyzing, aggregating, integrating, consolidating, and validating protocols. These can help protect sensitive information and ensure compliance with privacy regulations.

What are the consequences of non-compliance with regulations?

If a business is nonchalant about compliance, it puts itself at serious risk of violating regulatory compliance law, which can lead to dire consequences such as security breaches, productivity losses, reputational damage, loss of customer trust, hefty financial fines, legal punishment, additional barriers to approval, and even prison.

How can data governance improve compliance efforts?

Data Governance and Data Quality should be at the core of any organization’s information initiative. Without trustworthy data, decision-making and compliance become guesses and expose organizations to potentially large regulatory fines.

Effective data governance ensures that data is complete, relevant, consistent, and reliable and doesn’t get misused. It’s increasingly critical as organizations face expanding data privacy regulations and depend more and more on data analytics to help optimize operations and drive business decision-making.

How do I choose the right regulatory compliance consulting firm?

Choosing the right regulatory compliance consultant is crucial. To help you avoid the pitfalls and capture the potential benefits associated with regulatory compliance, look for a firm with the following attributes:

At least 10 years of experience in your industry
Deep understanding of regulations
Have regulatory credentials
Proven track record of successful compliance implementations
Does consulting for organizations similar to your business size
Have accessible compliance advisory services for support
Provides support for the entire regulatory compliance process, not just the complexities
Utilize the latest technology to help you streamline compliance
Known for helping businesses like yours assess compliance risk and solve challenges

What industries does ExistBI serve with its compliance consulting services?

We serve a wide range of global customers in 30+ industries with tailored solutions for regulatory compliance and Data Privacy requirements. Some of the industries we’ve provided data privacy and regulatory services are shown below:

ExistBI works with insurance and financial services customers on their compliance and data privacy requirements, offering solutions and services for 23 NYCRR 500 Cybersecurity, Payment Card Industry Data Security Standard (PCI DSS), Gramm-Leach-Bliley Act (GLBA), Sarbanes-Oxley Act (SOX), Japan’s Personal Information Protection Act (PIPA), Payment Services Directive (PSD2), Basel III, BCBS239, Dodd-Frank, FATCA, AIFMD, EMIR, AML and Know Your Customer just to name a few.

How does ExistBI tailor its solutions to meet specific regulatory needs?

ExistBI customizes compliance strategies based on industry-specific regulations, such as HIPAA for healthcare, PCI DSS for financial services, ITAR in defense, CCPA in California, and General Data Protection Regulations (GDPR), which applies to any person or organization storing and using European Union personal data.

We assess your unique risks and data infrastructure to provide tailored, actionable solutions that meet both regional and global compliance standards.

Can ExistBI help with GDPR compliance for businesses outside the EU?

Yes, we specialize in GDPR compliance for organizations outside the EU that handle European data. We provide guidance on data protection, governance, and security policies to ensure your business meets the stringent requirements of the GDPR, regardless of location.

What experience does ExistBI have in handling healthcare compliance regulations?

ExistBI offers unparalleled Data Privacy and Regulatory Compliance solutions for the healthcare sector via its end-to-end Data Masking and Business Intelligence Consulting services.

We have extensive experience servicing healthcare providers, and our 20-plus existing healthcare customers (NHS, BUPA, HealthNet, Kaiser Permanente, Centene, Blue Cross Blue Shield) are a testimony to that.

In the local US market, we help customers abide by the Department of Health & Human Services (HHS) and Federal Trade Commission (FTC) regulations. We help ensure compliance with healthcare-specific regulations such as HIPAA, HITECH, GINA, and GDPR, focusing on data privacy, PHI protection, and regulatory audits.

What makes ExistBI different from other compliance consulting firms?

We stand out due to our profound regulatory compliance expertise, data protection, and governance across multiple industries. Our tailored, end-to-end solutions and focus on data quality ensure your organization meets regulatory requirements and leverages data to drive innovation and strategic decisions.

How do I get started with ExistBI’s regulatory compliance consulting services?

To get started, simply reach out to us via our contact form or schedule a call using the blue button below. We’ll assess your compliance needs, discuss your business objectives, and develop a customized plan to ensure your organization stays compliant and protected.