How Isabel Group protects corporate data.
As a company we process and manage millions of records of data every year. This is a responsibility we don’t take lightly. This is why we have created the Isabel Group Data Manifesto. Our Data Manifesto summarizes the core principles of how we manage data when we design our solutions, operate transactional platforms and process business data.
Just as many other organizations, Isabel Group has gone to great lengths to make sure we comply with the General Data Protection Regulation (GDPR). This EU regulation, an update to the 1995 Data Protection Directive, is set out to protect the personal data and privacy of all individuals in the European Union.
As individuals in an increasingly data-driven world, we should all be grateful that GDPR is in place. The GDPR clarifies the rules for handling personal information. However, today there is no such thing as a GDPR for business data.
Across our portfolio, we process millions of transactions every year, for which we safeguard the authenticity and confidentiality as these data touch the lifecycles of business across Europe.
We are often reminded in the media of the excesses of an increased date-driven world. It is only natural this triggers questions about potential (mis)use of corporate data. With that in mind, Isabel Group has come up with its own Data Manifesto – laying out a set of 7 ground principles about how we process non-personal data of our customers.
IT IS YOUR DATA
The data we process belongs to our customers, not to us.
FOR FAIR USE ONLY
We make fair use of our customers’ data. We keep data only when required to offer a service to our customer, in the interest of the customer and only for a limited time.
CONSENT FOR SHARING
We do not share any of our customers’ data outside Isabel Group without the customer’s consent.
FOR LESS FRICTION & HASSLE
We only use our customer’s data in our products to help remove hassle and friction from their business processes.
ADDITIONAL OFFICIAL SOURCES
Government institutions provide additional official sources of data about corporate activities, finance, etc. We collect information from open, publicly available sources such as the Crossroads Bank, State Gazette and National Bank of Belgium, to help enrich our data sets, all in compliance with the terms of usage set by these sources.
ANONYMIZED WHEN PUBLISHED
When Isabel Group publishes macroeconomical reports, the underpinning numbers are completely anonymized and cannot be traced back to any individual company.
NO BACK DOORS
Our shareholding financial institutions are represented through the Isabel Board of Directors: there is no operational involvement of our shareholders in our business. This means there are no backdoors to our data through our shareholders or any third party and there is no exchange of data for which our customers have not given their consent.