Can you briefly describe Labgroup?
Labgroup is a Luxembourg-based company that provides document management, digital transition and secondary storage solutions to national and international organisations, for over 40 years. Secondary storage is used in particular for the preservation of critical and non-critical data in the long term, with instant recovery in the event of an outage that would have a negative impact on the daily business. Data represents a vital resource for organisations, and the exponential increase in its volume leads to growing storage needs. Labgroup helps organisations to store and recover this information securely while complying with external regulations.
How do you organise your services?
We provide tailor-made solutions to many international clients, including Chinese companies, and we are active in the banking sector. Instantaneous online access to archived data as well as user-friendly digital onboarding processes for remote clients are critical points, especially for international banks and insurance companies. Companies need instant and secure access to their confidential information. Companies in the financial sector must comply with numerous regulations. GDPR requires companies to set up data retention procedures for personal data to avoid over retention. Labgroup offers consultancy services regarding archiving policy and information management, helping them to remain compliant while archiving, destroying or digitising their documents or data with a certified solution. Our solutions are PSF compliant and hosted in Labgroup’s infrastructure in Luxembourg, in a private cloud model.