Privacy Policy

allocatewise.com and allocatewise.co.uk (the "Sites") are under the joint ownership and management of Ilse Hutten, Tigran Arzumanov, and Matthias Koberstein (the "Owners"). The Owners are responsible for data control. Please contact them at info@allocatewise.com or +44 7867 318684. ...

Purpose

The purpose of this Privacy Policy (the "Policy") is to provide users with information regarding:

• The personal data collected
• Use of the data collected
• Who is authorised to access the data collected
• The Site users' rights
• The Site's cookie policy

The Policy applies in addition to the Site's terms and conditions.

GDPR

Users in the European Union must know we adhere to the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016, known as the General Data Protection Regulation (the "GDPR"). For users in the United Kingdom, we adhere to the GDPR as enshrined in the Data Protection Act 2018.

Following Article 37 of the GDPR, we do not meet the criteria for appointing a Data Protection Officer since we do not fall within the categories of controllers and processors.

Consent

By using our Site, you consent to the conditions established in this Privacy Policy.

Legal Basis for Processing

Following Article 6 of the GDPR, we exclusively process personal data of EU users when we have a lawful basis. The legal grounds on which we base our collection and processing of personal data from EU users are as follows:

• The processing of user personal data is necessary so that we can address, at the request of a user, potential issues before or during a contract. If a user does not provide the personal data necessary for us to perform a contract, the consequences will be:
  We will not be able to provide personalized access to the tools and information on the website. Usage of the tools and services provided or offered on the website will not be possible.
• The processing of user personal data is necessary to safeguard a legitimate interest for us or a third party. Our legitimate interest takes precedence over users' interests or rights. Our legitimate interests are:
  • To keep track of users' usage of the website and the tools provided
  • To be able to communicate with users and provide guidance on the usage of the website

Personal Data We Collect

We only collect necessary data that directly supports the goals of this Privacy Policy. We will not collect any data without your awareness.

Data Collected in a Non-Automatic Way

We may collect the following data based on your site actions:

• First and Last name
• Email address

We use the following techniques for this data collection:

• Subscribing to our newsletter
• Registering and generating a login

How We Use Personal Data

Data collected on our Site will only be used for purposes that directly support the goals of or are disclosed in this Privacy Policy.

We collect the data based on your site actions for the following purposes:

• Analytics
• Customisation of calculations and simulations

Who Receives Your Data

Owners and employees of the website. We may disclose user data to any member of our organisation who needs it for their work.

Additional Disclosures

Your data will not be sold or shared, except in the following cases:

• If it is required by law
• If any legal proceeding requires it
• To prove or protect our legal rights

We are not responsible for and cannot control other websites' privacy policies and practices if you follow hyperlinks from our Site to another Site.

Data Retention

User data will be stored until the intended use of the data has been completed. If your data is kept for a longer period, you will be notified.

Data Protection Policy

To protect your data we utilize top-tier service providers, who encrypt and securely store your data.

While we take all reasonable precautions to ensure that user data is safe and secure, there is always a risk of damage. The internet as a whole may be insecure at times and therefore we cannot guarantee the security of user data beyond what is reasonably practical.

User Rights

Your rights under the GDPR are:

• Right to be informed
• Right of access
• Right of rectification
• Right to erasure
• Right to restrict processing
• Right to data portability
• Right to object

Children

Only users 18 or older can use our website. We are committed to protecting children's privacy and we do not knowingly collect or use personal data from children under 16 years of age.

If we unknowingly collect such data, we will delete it as soon as possible. If a child under 16 years of age has provided us with personal data, their parent or guardian may contact our privacy officer.

Data Access, Modification, Deletion and Challenge

If you would like to learn about our data collection and usage practices, or to exercise your rights under the GDPR, please contact our privacy officer Tigran Arzumanov at info@allocatewise.com.

Cookie Policy

A cookie is a small file, stored on a user's hard drive by a website. Its purpose is to collect data relating to the user's browsing habits. You can choose to be notified each time a cookie is transmitted. You can also choose to disable cookies entirely in your internet browser, but this may decrease the quality of your user experience.

We collect user data through the following types of cookies:

• Analytical cookies
  Analytical cookies allow us to gather anonymous data about your website usage, ensuring your privacy while improving our services.
• Functional cookies
  Functional cookies are used to save your selections on our Site for the next visits.

Modifications

This Privacy Policy will be updated occasionally to comply with the law and to reflect any changes to our data collection process. We will update the "Effective Date" at the top of this Privacy Policy. We recommend periodically reviewing our Privacy Policy to ensure you are notified of any updates. If necessary, we may notify users by email.

Complaints

For complaints about how we process your personal data, please contact us through the methods listed in the Contact Information section so that we can resolve the issue when possible.

If you believe that we have not addressed your concern satisfactorily, you have the right to file a complaint directly to a supervisory authority by contacting the Information Commissioner's Office in the United Kingdom.

Contact Information

For any questions, concerns or complaints, contact us at info@allocatewise.com.