Banqsoft’s Product Suite View21 provide simplification and cost sharing of compliance requirements built into the core solutions, updated in one place and distributed to all channels. The solution also includes automatic replication of customer data towards public databases and national banking infrastructure. The system is hosted through partners within EU/EEC areas that are open for inspection and audit by any EU/EEC audit authority.

Privacy Statement

Your privacy is very important to Banqsoft. We only collect and process personal data for the purposes that are related to our services. The processes may include collection, recording and storage of data, or a combination of these. Banqsoft handles all personal data according to best practices, and under the safeguards in compliance with the General Data Protection Regulation; EU Directive 2016/679 of the European Parliament and of 27 April 2016, effective from 25 May 2018.

 

Categories of personal data

­­Banqsoft as software vendor and application services provider, handles personal data, both as a Data Processor as well as a Data Controller.

As a Data Processor, Banqsoft handles personal data on behalf of our customers, who are the Data Controllers for such data. The Data Controllers are responsible for the personal data of the related data subjects.

As a Data Controller, Banqsoft handles personal data of our employees and information related to our services or sales. Indirectly, visitors to our web pages may be identified through their IP-addresses.

Compliance in brief 

Cookies

Banqsoft’s website use “cookies” to give you a better experience, for traffic measurement, optimization of the webpage and marketing purposes.

GDPR

With an increase in the digitalization, the legislators in the European Union have recognized a need for firmer regulations regarding the rights of the data subjects.

IFRS9

The implementation of IFRS 9 entails fundamental changes in the accounting practices of financial instruments.

PS2D

PSD2 is the biggest game changer in the banking industry ever and force banks to open their platforms to other payment providers.

Whistleblower Arrangement

The whistleblower arrangement allows Banqsoft employees and external parties to report on non-compliance with internal policies and applicable laws and regulations.