CIVITTA Annual review 2017 | Page 20

C I V I T TA A N N U A L R E V I E W 2 0 1 7 Banking Telecommuni- cation Implementing General Data Protection Regulation in Danske Bank Project duration 9 months, ongoing Project description: A joint team from three Civitta offices, Lithuania, Belarus, and Mol- Financial Planning & Analysis function for Amara Communications in Myanmar Project duration 12 months Project description: Civitta helped Amara Communications set up its new 4G data dova, helped one of the largest banks in Northern Europe, Danske Bank, comply with company in Myanmar, which it expects to launch in the first quarter of 2018. Civitta General Data Protection Regulations (GDPR). assisted Amara Communications with extensive financial planning and analysis and fully designed business plan, covering revenue forecasting and budgeting among 20 | 5 249 hours invested GDPR has been more than just a buzzword in the EU and beyond for the last few years; other functions. Civitta also assisted with propositions and pricing design. This included: it significantly changes the way companies do business involving any use of customer or market analysis, scenario building with several proposition structures, designing a re- employee personal data. Failure to comply with GDPR results in fines and reputational porting package with company-wide KPI definitions, and dashboard creation. Civitta losses. 1 700 hours invested also guided Amara Communications by creating finance tools, charting accounts and hiring processes. Civitta’s team brought process mapping skills, legal and IT knowledge, project management and business experience to every stage of the project, from the initial Results: process audit and gap identification to implementing business and IT solutions. 1. Civitta prepared a full business plan with projections for the next 10 years that will be used to attract approximately 100 million USD in funding. Results: 3 offices involved Lithuania, Belarus, Moldova 1. Civitta developed methodology and conducted process mapping and audits for business units in each country in which Danske Bank operates. 2. Civitta’s team conducted a pricing and proposition validation to fine-tune and Latvian office support Amara Communication’s competitiveness in the market and their ability to reach their targets. 2. Gap reports were delivered to all business units, and solution projects to cover these 3. Civitta provided assistance in reporting and dashboard design and helped with gaps were approved and launched at the group level. the implementation of company-wide reporting. 3. Civitta’s team continues to provide assistance to Danske Bank to ensure the smooth implementation of solution projects in 2018. | 21