What is GDPR?
The General Data Protection Regulation (GDPR) is an European Union (EU) regulation (2016/679) that enhances current data protection laws and rights for EU citizens. This enhances data protection rights for data subjects and obligates companies to be more transparent.
When will the GDPR take effect?
The General Data Protection Regulation (GDPR) comes into force on the 25th of May 2018.
Why does this affect me?
GDPR applies to anyone who holds or processes the data of an EU citizen, regardless of whether you are based in the EU or a third country, and enhances the data rights of all EU citizens. More information can be found on the EU’s website.
Investorist as a controller and a processor
Data controllers are companies that decide how personal data is collected, used or tracked from EU citizens. As a client, it is likely you are a controller for the data you collect and use on Investorist. Investorist also acts as a controller when collecting and using your personal information.
Data processors are companies that process data on behalf of data controllers. As you will most likely be processing information for your clients, it is possible that Investorist is also a data processor for this type data activities. As a customer data platform, Investorist is considered a data processor.
We will be ready for the GDPR as both a data controller and when acting as a data processor on your behalf.
How is Investorist preparing for GDPR?
• We have updated internal processes to ensure your updated rights are protected for the GDPR.
• We have nominated a Data Protection Officer (DPO) who is responsible for GDPR compliance within Investorist. You can talk to them here: [email protected]
• We are ensuring any vendors or third party companies we use are also GDPR compliant.
• We are ensuring our data security measures are continually developing.
• We are training all staff on the requirements of GDPR and data privacy procedures.
Where is my data stored?
Your data is stored on Microsoft Azure’s servers. It also may be stored in customer databases located in Australia.
How to I make a query in relation to my or my clients data?
If you have any queries regarding any of your or your client’s personal data you can contact us at [email protected] with your request. We will respond within 30 days of us receiving your message.
When will Investorist be ready for GDPR compliance?
Investorist will be compliant with GDPR when it comes into force on the 25th May 2018.
Any other Questions?
If you have any further questions, feel free to contact the Data Protection Officer at Investorist who can be found by emailing [email protected]
Questions and Queries