In my fourth post, I look at Singapore’s Personal Data Protection Act (PDPA). It broadly aligns with standards in other global legislation, albeit with some crucial differences such as control and access requests as opposed to the right to be forgotten, and Singapore’s limitations on transferring personal data overseas.
As insurers and the insurance industry begin to implement the International Financial Reporting Standard 17 (IFRS 17), I wanted to take a moment to highlight the benefits that Solidatus can help organisations gain from this wholescale evolution of their digital landscape and the huge transformation it will undergo.
“Regulators and industry participants are leveraging data more comprehensively than ever, so it’s imperative that they have the necessary modeling tools to analyse it in order to make informed decisions,” Philip Dutton, Co-Founder of Solidatus.
A quick look at our website and you’ll see that ‘Data lineage is at the heart of Solidatus’. It’s what we do and we’re experts in it. However, it’s not uncommon for us to speak with businesses who know it’s important but openly admit they aren’t actively managing it, nor fully understand where to begin when it comes to incorporating into their daily processes.
How seriously do you take your privacy? I imagine that not many would consider showering or going to the loo in plain sight of others. These, after all, are private matters that as a rule we usually don’t share, unless, that is, we make an explicit decision to.