Icertis, provider of enterprise contract management in the cloud, has released an app that ensures contracts between data controllers and data processors meet Europe’s strict new information security guidelines. ICM GDPR Compliance app works with legacy contracts, using AI-enabled tools to identify problems with contracts and provide the appropriate Data Protection Addendum (DPAs) and routes for approval and execution. As new contracts are drafted, the app assesses if they fall under GDPR regulations, and appropriate European commission-approved data privacy terms and clauses based on predefined rules.
From the release: “The only way for enterprises to stay on top of the changing global regulatory landscape is by digitally transforming their contracting foundation,” said Samir Bodas, CEO and co-founder of Icertis. The GDPR is one of the most far-reaching regulatory changes in recent times. “The ICM platform and ICM GDPR compliance app help ensure all contracts in an enterprise are GDPR compliant today, and into the future.”
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