Let Solvassure take care
of your GDPR and SMCR
Why should you be concerned?
If you handle personal data of any kind you must abide by the General Data Protection Regulations from 25th May 2018.
In March 2016 the Senior Managers Regime was introduced into all dual-regulated firms. This regime is set to extend to the insurance industry on 10 December 2018 and then to all other FCA regulated firms by 9 December 2019.
With significant penalties and corporate reputations at stake, your compliance systems and processes must be fit for purpose.
How can Solvassure help?
Our unique platform enables your managers and stakeholders to receive real time compliance data, saving time and money.
Why choose us?
Solvassure was the first RegTech firm to be licensed by the
FCA and the PRA to use their copyright regulatory material.
We also introduced the first shared GDPR and SMCR
compliance technology platform.
Our clients include Hertz car rental, Premier Model
Management and P2 Consulting Group.
What is Solvassure?
Solvassure is a British RegTech company that helps organisations comply with new accountability and privacy regulations introduced into the United Kingdom. It was founded by Clive Godwin, a programme director with over 20 years' expertise in planning, initiating and delivering transformation benefits for sponsors including Sir Richard Branson and the Barclay Brothers.
What is RegTech?
RegTech is a blend of 'regulatory technology' that was created to address regulatory challenges in the financial services sector through innovative technology. RegTech consists of a group of companies that use technology to help businesses comply with regulations efficiently and inexpensively.
Who are the UK privacy regulators?
The Information Commissioner’s Office (ICO) is the UK's independent body set up to uphold information rights. The Information Commissioner is responsible for ensuring companies are transparent with the public about how personal information is used and managing high-profile investigations.
Who is impacted by the General Data Protection Regulation?
The regulation applies to an organisation if the data controller or processor or the data subject is based in the EU. It also applies to organisations based outside the European Union if they collect or process personal data of EU residents. According to the European Commission "personal data is any information relating to an individual, whether it relates to his or her private, professional or public life”.