Independent Research and Policy Advocacy

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”