Data protection management rebuilt at finstreet - SITS

Initial Situation & Client Profile

How do you build a data protection management system from scratch – efficiently, scalable and without disrupting day-to-day business?

finstreet GmbH, based in Münster, advises companies on digital transformation. In addition to developing and licensing digital solutions, finstreet supports its customers in realigning their business models.

Following its separation from finone, the company faced a unique challenge: there were no existing data protection structures or processes. Our success story shows how finstreet, together with SITS, established a solid foundation for data protection and information security.

Client: finstreet GmbH

Industry: Consulting & Digital Product Development for Financial Service Providers

Our services: Consulting, Development and Enhancement of a Data Protection Management System (DPMS), Audit Support, Data Protection Consulting

Project by the Numbers
A project with strategic impact:
1
Data Protection Management System
4
Key Implementation Steps
100
%
Restructuring
1
long-term Partnership

The Challenge

Rethinking data protection – structured and future-oriented.
With the organizational separation from finone, finstreet had to completely restart its data protection efforts. Everything had to be built from scratch: processes, documentation, and responsibilities. At the same time, the trusted collaboration with SITS as external data protection officer (eDPO) was to be continued.

The central question: How can a viable system be established that works immediately and grows sustainably?

Solution Approach & Strategy

Establishment of a central data protection management system in collaboration with finstreet.
 
 
 
 
1
2
3
4
 
Analysis & prioritisation
Initial analysis and prioritisation of the necessary data protection processes
 
System Implementation
Provision of a central data protection management system to manage all operations
 
Coordination & Development
Regular coordination for task distribution, progress monitoring, and strategic development
 
Audit & Support
Support during audits and customer appointments, as well as comprehensive provision of materials to assist with day-to-day business

Implementation

From analysis to a living data protection structure.
SITS supported finstreet in building a central data protection management system aligned with ISO 27001, ISO 9001, DORA, and ISAE 3402. The collaboration was characterized by close communication, quick response times, and a high level of trust. Particularly appreciated was the provision of practical templates, guidelines, and training materials that facilitated onboarding and strengthened internal acceptance.

Alongside the system setup, additional topics were initiated, such as the directory of processing activities (VVT), software evaluations and the introduction of a whistleblowing tool.

We greatly value the professional and straightforward collaboration. The quick availability, deep expertise, and practical support make SITS a true partner at eye level.

- finstreet

The Result

A data protection system with perspective:
The new data protection management system was smoothly implemented, with clear structure and high acceptance. Today, finstreet benefits from a scalable, strategically grounded data protection system and a long-term partnership with SITS.

This strengthens control over data protection-related processes and lays the foundation for future developments.

Secure Your Data Protection Processes Too
Would you like to strategically develop and efficiently implement data protection?
Our experts will be happy to advise you – individually, competently and practically.
Contact us now
Discover how we can protect your business

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.