Privacy Policy
Last updated: January 2024
Introduction
Parse ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our AI compliance platform and services.
Information We Collect
Account Information
When you create an account, we collect your name, email address, job title, company information, and contact details.
Compliance Data
We process compliance-related data you provide through our platform, including transaction data, investigation records, and case management information. This data is processed solely to provide our compliance automation services.
Usage Information
We collect information about how you interact with our platform, including log data, device information, and usage patterns to improve our services.
How We Use Your Information
- Provide and maintain our compliance automation services
- Process and analyze compliance data through our AI agents
- Generate regulatory reports and investigation summaries
- Communicate with you about our services
- Improve our platform and develop new features
- Ensure security and prevent fraud
Data Security
We implement enterprise-grade security measures to protect your data:
- End-to-end encryption for data in transit and at rest
- SOC 2 Type II certified infrastructure
- Regular security audits and penetration testing
- Role-based access controls and multi-factor authentication
- Data residency controls for regulated financial institutions
Data Sharing and Disclosure
We do not sell, trade, or rent your personal information. We may share information only in these limited circumstances:
- With your explicit consent
- To comply with legal obligations or regulatory requirements
- With trusted service providers who assist in our operations (subject to strict confidentiality agreements)
- To protect our rights, property, or safety, or that of our users
International Data Transfers
We may transfer your data internationally to provide our services. When we do, we ensure appropriate safeguards are in place, including Standard Contractual Clauses and adequacy decisions.
Data Retention
We retain your data only as long as necessary to provide our services and comply with legal obligations. Compliance data is typically retained according to regulatory requirements, which may vary by jurisdiction.
Your Rights
Depending on your jurisdiction, you may have the following rights regarding your personal data:
- Access: Request copies of your personal data
- Rectification: Request correction of inaccurate data
- Erasure: Request deletion of your personal data
- Portability: Request transfer of your data to another service
- Restriction: Request limitation of processing
- Objection: Object to processing of your data
Cookies and Tracking
We use cookies and similar technologies to enhance your experience, analyze usage, and provide personalized content. You can control cookie settings through your browser preferences.
Children's Privacy
Our services are not directed to children under 16. We do not knowingly collect personal information from children under 16.
Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new policy on our website and updating the "Last updated" date.
Contact Information
If you have questions about this Privacy Policy or our data practices, please contact us:
- Email: [email protected]
- Address: Parse Compliance, 123 Financial District, London, UK
- Data Protection Officer: [email protected]