🔗 NeoVector
How a healthcare data company built a compliant data marketplace, enabling secure monetization of anonymized datasets while maintaining HIPAA compliance.
Company Overview
NeoVector is a healthcare data intelligence company that aggregates clinical, claims, and real-world evidence data from 500+ healthcare organizations. They serve pharmaceutical companies, research institutions, and health systems with insights derived from 200 million patient records.
The Challenge
NeoVector needed to enable data sharing while navigating complex regulatory requirements:
- Regulatory complexity — HIPAA, GDPR, and state-level privacy laws created a compliance maze
- Manual data preparation — Each data sharing request required 4-6 weeks of custom anonymization
- Access control gaps — Lacked granular controls for different consumer use cases
- Audit trail limitations — Couldn't prove compliance during regulatory reviews
The Solution
NeoVector implemented Datorth's governance platform to build a secure, compliant data marketplace:
Automated Data Classification
- Deployed ML-powered PII detection across 200M patient records
- Automated classification of 500+ data elements by sensitivity level
- Built data catalogs with business context and usage guidelines
Policy-driven Access Control
- Implemented attribute-based access control (ABAC) for fine-grained permissions
- Created dynamic masking rules based on consumer purpose and jurisdiction
- Built approval workflows with automated compliance checks
Data Product Marketplace
- Launched self-service data product catalog with 150+ curated datasets
- Implemented usage-based licensing with automated metering
- Built secure data clean rooms for collaborative analytics
Results
NeoVector transformed their data business within 9 months:
Business Impact
- $18M new revenue from data product licensing in year one
- 85% faster time-to-market for new data products
- Zero compliance incidents since deployment
- 40+ new customers acquired through data marketplace
Operational Improvements
- 4-6 weeks → 2 days for data product creation
- 100% automated compliance documentation
- Real-time audit trails for all data access
- Self-service access for 90% of data requests
Customer Testimonial
"Datorth allowed us to turn data governance from a cost center into a revenue driver. We can now monetize our data assets confidently, knowing that compliance is built into every transaction."
— Dr. Sarah Mitchell, Chief Data Officer, NeoVector
Technology Stack
- Datorth Governance with automated policy enforcement
- Datorth Data Catalog with ML-powered classification
- Datorth Clean Rooms for secure collaborative analytics
- Integration with Snowflake, AWS, and Azure for multi-cloud deployment
Compliance Frameworks Supported
- HIPAA Privacy and Security Rules
- GDPR (EU General Data Protection Regulation)
- CCPA (California Consumer Privacy Act)
- 21 CFR Part 11 (FDA electronic records)
- SOC 2 Type II certification
What's Next
NeoVector is expanding their data marketplace to include real-world evidence datasets and federated analytics capabilities that allow customers to run analyses without moving data.
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