SAFELY MAKING SENSITIVE DATA MORE USEFUL & ACCESSIBLE
MIMIC™
Advanced technology and services to safely transform and enhance sensitive data into actionable insights, help drive innovation, and open new revenue streams.
SYNTHETIC DATA ENGINE
The Key to Unlocking Sensitive
Data’s Value
Using the Mimic synthetic data engine, companies can safely synthesize their data assets – protecting consumer privacy information from being exposed, while still maintaining the statistical relevancy of the data. The synthetic data can then be used for internal initiatives like analytics, machine learning and AI, marketing and segmentation activities, and new revenue streams through external data monetization.
Mimic enables you to safely move statistically-relevant synthetic data to the cloud ecosystem of your choice to get the most out of your data. Analytics, insights, product development, testing and third-party data sharing can all be done in the cloud with the enhanced synthetic data, which has been certified to be compliant with regulatory and privacy laws (i.e. GDPR, CCPA, GLBA).
TRUSTED FINTECH PROVIDER
We Partner Directly with Financial Institutions, Payment Companies, & Fintechs
Drive deeper analysis and open up new opportunities from sensitive data through innovative data enrichment and enhancement services. Once sensitive data is safely transformed to expand its usage, it is still in a raw form. It needs to be enhanced or enriched to derive the unique insights needed to drive innovation or analysis. Facteus’ decade-long experience in ‘monetizing’ sensitive data with deep data enrichment services can help you truly unlock the full potential of your data.
Machine Learning (ML) and Artificial Intelligence (AI) need not only a high quantity of data, but more importantly, the quality of the data enables you to uncover those hidden insights or prove out that new innovation.
Facteus has partnered with thousands of financial institutions across a diverse set of transaction data (credit cards, debit cards, prepaid, HSA/FSA, corporate, etc) to clean, enhance, and enrich data sets for use in analytics, fraud prevention, loyalty programs, and data monetization.
UNLOCK YOUR DATA'S POTENTIAL
How MIMIC™ Works
YOUR RAW DATA
First, we configure Mimic to map to your specific data files and schemas. Then, Mimic is installed in your environment behind your firewalls. No real data ever leaves your environment and you will never expose any raw data.
MIMIC SYNTHETIC DATA ENGINE
Next, Mimic goes beyond just anonymizing the data, but uses proprietary algorithms and mathematical noise injection to remove and obfuscate sensitive data fields. This process creates a synthetic version of data that retains the statistical attributes of the original data set.
SYNTHETIC DATA WAREHOUSE
This new synthetic data set has been certified. This and other synthetic data cannot be reverse-engineered back to the original data set.
Additionally, the new synthetic data also complies with applicable privacy regulations, such as GLBA, GDPR, and CCPA.
SHARE INSIGHTS EXTERNALLY TO DRIVE REVENUE
Finally, Facteus leverages its deep data expertise to clean, enhance, and enrich the synthetic data for use internally for analytics, product innovation, or fraud prevention. Additionally, synthetic data can be used externally for data-sharing, or data monetization with trusted third-parties.
Mimic & Synthetic Data in the News
