Market Research Report on TrustArc

Company Overview

• Name: TrustArc Inc.

• Mission: Empower leaders to streamline and automate privacy programs, combining frameworks, insights, intelligence, and operations for unparalleled depth in continuous privacy intelligence.

• Founded: No information is available.

• Founder(s): No information is available.

• Key People:

• Jason Wesbecher, Chief Executive Officer

• Tim Sullivan, Chief Financial Officer

• Valerie Jones-Harvey, Chief Customer Officer

• Noël Luke, Chief Assurance Officer

• Neng Gu, Chief Technology Officer

• Eric Sendelbach, Chief Product Officer

• Val Ilchenko, General Counsel and Chief Privacy Officer

• Headquarters: 2121 N. California Blvd., Suite 290, Walnut Creek, CA 94596, USA

• Number of Employees: 400+ employees

• Revenue: No information is available.

• Known For: A leading provider of privacy management solutions, specializing in privacy and data governance, compliance automation, and risk management.

Products

• Privacy Studio

• High-Level Description: Offers a suite of applications for managing privacy and data governance seamlessly.

• Key Features:

• Cookie Consent Manager: Simplifies cookie compliance.

• Consent & Preference Manager: Centralizes consent and preference management.

• Individual Rights Manager: Manages data subject requests.

• Unified Trust Center: Real-time updates for privacy and compliance.

• Governance Suite

• High-Level Description: Comprehensive compliance suite simplifying privacy management.

• Key Features:

• PrivacyCentral: Real-time automation for compliance efficiency.

• Data Mapping & Risk Manager: Automates data flow mapping and risk analysis.

• Assessment Manager: Streamlines privacy assessments.

• Nymity Research: Up-to-date privacy laws and regulations insights.

• Assurance Services

• High-Level Description: Independent reviews and certifications to demonstrate privacy compliance.

• Key Features:

• Dispute Resolution: Fast resolution service for privacy concerns.

• TRUSTe Enterprise Privacy Certification: Verifies compliance with global standards.

• Various certifications including GDPR, CCPA, and Responsible AI Certification.

Recent Developments

• New Features and Updates:

• AI Risk Governance Features: Enhances data inventory tools and introduces AI Risk columns for better risk management.

• AI Autofill: Automates data entry tasks, reducing manual effort and time.

• International Language Support: Expanded Trust Center support to 19 languages, enhancing global accessibility.

• New Partnerships and Certifications:

• Launched TrustArc Trust Center: A no-code hub for privacy and compliance.

• TRUSTe Responsible AI Certification issued to DoubleVerify, demonstrating commitment to accountable AI practices.

• Regulatory and Compliance Enhancements:

• Added numerous new privacy laws and regulatory updates to the Nymity Research platform.

• Expanded operational templates for U.S. state-specific consumer privacy laws.

This report captures the current strategic positioning of TrustArc within the privacy and compliance sector, showcasing their robust suite of products and the latest innovations in privacy management and AI governance.