Explore new data partnerships, securely
Explore the potential of new commercial partnerships through exploratory data analysis and matching. On the Senate platform you can access a wide range of data listings from blue chip brands. Expand opportunities with new partnerships and data sources.
Exploring New Data Partnerships in Action
Westpac, a major Australian bank, identified that they were missing out on opportunities to drive growth through data collaborations. The problem was that data sharing was too legally complicated, risky and time consuming. Concerns around how data would be used, stored, shared and destroyed resulted in uncertainty and inaction. The bank needed a way to give authorized parties access to data without releasing it and have confidence any data shared was used for intended purposes only.
Westpac partnered with Data Republic to deploy the Senate platform to govern data collaboration and commercialisation activities with external parties. The bank made anonymized datasets available on the Data Republic Catalog for other organizations to discover. Through this discovery the organizations could then launch a data collaboration project in Senate, utilizing the legal framework, governance controls and privacy provisions of the platform.
Deployment of Senate has transformed the way Westpac collaborates with data; accelerating outcomes for internal analytics projects, generating scalable revenue from data assets, and supporting innovation through new partnerships, while ensuring that customer privacy is protected at all times.
12 new partnerships have been forged on the Senate platform, and over 30 organizations from a range of industries have benefited from insights gained via analysis of the bank’s data.
What will your team accomplish with
The governance platform for secure data collaboration
The Senate Data Exchange Platform solves the complex legal, data security and privacy barriers to data collaboration, making it simpler to explore new data partnerships.
How it works
Workshop with Data Republic to identify potential data partners in ecosystem. We have over 500+ active participating companies in the Data Republic ecosystem.
DISCOVER NEW OPPORTUNITIES
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