If your data-sensitive company needs you to, then you’ll need to be aware not all analytics companies allow you to do this. For example, Google Analytics users are at a disadvantage here because you aren’t allowed to track any personal data or personally identifiable information (PII) at all, according to their Terms of Service.
The reason you can use Matomo Cloud or On-Premise (self-hosted) is because Matomo doesn’t track users across sites, and the data tracked isn’t used for “other purposes” – as is the case with Google Analytics.
Depending on the personal data you’re tracking, you’ll need to configure Matomo to ensure you can track it in a compliant manner. You’ll also need tracking consent in this case.