Primer on Suitability for Consumer Data Use and Product Design-4th Dvara Research Conference Regulating Data-Driven Finance April 5-6, 2019
he increasingly-pervasive use of personal data in the provision of financial services can enable providers to offer suitable financial products, at a scale. Internationally, suitability or appropriateness in finance is conceptualised as “the degree to which the product or service offered by the intermediary matches the retail client’s financial situation, investment objectives, level of risk tolerance, financial need, knowledge and experience”
Primer on Consumer Data Regulation-4th Dvara Research Conference Regulating Data-Driven Finance April 5-6, 2019
Click here to access the primer on consumer data regulation. The use of personal data by government and private service providers in their interactions with individuals is becoming ubiquitous in India. Service providers are able to collect and process larger volumes and richer varieties of personal data, such as from utilities payments, social media and e-commerce […]