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NewProducts

Protect data across physical,

cloud and hybrid environments

Trading Flow Data, based on a survey conducted between
September and December 2021, cited best practices for data
sharing.

Survey respondents recommended choosing data sharing
techniques based on goals and deciding whether to share
data in real time, near real time or by batching. Masking
eapYear, a global software services provider, techniques included combining data sets with similar at-
enhanced its data-sharing capabilities to help tributes to obscure individual identifying information and
financial institutions securely share data across substituting data elements with random characters to ob-
L business lines, international borders and third- scure sensitive data.
party sites. The technology platform's efficacy and privacy
protections have been validated by experts in a variety of Respondents also suggested using pseudonyms and ma-
disciplines, stated Garrett Long, vice president of market- chine learning to disguise real data sets. They additionally
ing at LeapYear. proposed using multi-party computation and cryptogra-
phy to help parties with limited trust share and analyze
"Traditional methods to protect data mask too much data, data without revealing underlying data sets. A copy of the
trap value and protect privacy in a non-rigorous, unprov- report is available at https://leapyear.io/new-edges-how-to-
able way," Long said. "LeapYear provides transparent and make-the-most-of-trading-flow-data/.
interpretable privacy for the world's most sensitive infor- Trusted PET partner, platform
mation, helping our customers extract maximum value
from their data while setting a new standard for provable Long mentioned that LeapYear is a leading software com-
privacy." Describing the LeapYear platform as an enterprise pany in the growing space of privacy enhancing technolo-
software layer that installs on customers' systems, Long gies (PETs). "Our solutions are based on differential pri-
noted the LeapYear platform can be deployed on-premises, vacy, a mathematical approach to providing privacy while
in the cloud and in hybrid configurations. analyzing data sets," he said. "Differential privacy has been
adopted by large corporations (such as Apple and Google)
Core technology to protect sensitive user information. LeapYear is the first

The LeapYear platform is a core technology that enables commercially available platform that achieves differential-
customers to share and analyze sensitive data, Long noted, ly private standards across a broad spectrum of data analy-
adding that the platform provides customers with a new sis workflows."
capability that enables them to share and analyze sensitive
data with transparent and interpretable privacy. In addition The world's largest institutions use the LeapYear software
to ensuring that no data can be seen, reverse-engineered or platform to safely unlock the full value of their data, Long
extracted by analysts, data residing on the platform never stated, adding that leading companies in financial ser-
has to be moved or modified, Long pointed out. A transpar- vices and healthcare have deployed LeapYear to transcend
ent, interpretable level of privacy protects all data sets, he boundaries set by conventional data strategy, build new
stated, enabling users to derive maximum value from each data partnerships, offer new data products and reach new
analysis without needing to mask or remove information. levels of profitability, all while keeping their data fully pro-
tected.
Long additionally noted that LeapYear end-users have
found the platform helps them manage data while meet- Companies that want to compete in an AI and data-driven
ing regulatory requirements, contractual obligations and economy must put all their data into play and do so with
customer expectations. ISOs and channel partners have the highest standard of data protection, and LeapYear is
reported that the platform helped expand projects in their poised to embed privacy and trust into the future of data,
opportunity pipelines through secure, efficient data shar- Long said.
ing, he added. Company: LeapYear
Multiple use cases
Product: LeapYear platform
LeapYear commissioned Aite-Novarica Group to survey Website: www.leapyear.io
market participants about use cases for sharing data inside
a firm. The report, New Edges: How to Make the Most of Contact: marketing@leapyear.io

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