Numerix (Singapore) Privacy Policy
 



Kynex, Inc. is now part of Numerix LLC. All references to Numerix in this policy shall also apply to Kynex.

Your right to privacy and data security is a significant concern of Numerix LLC and our subsidiaries [henceforth referred to as Numerix]. Numerix has created this Privacy Policy to demonstrate its commitment to your privacy. This policy explains when and why we collect personal information about our customers, partners, prospects and consultants, how we use it, the conditions under which we may disclose it to others and how we keep it secure.

We may change this policy from time to time so please check this policy occasionally to ensure that you are happy with any changes. Any questions or regarding this policy and our privacy practices, should be sent to our Data Protection Officer by emailing dpo-sq@numerix.com..


DEFINITIONS

The capitalized terms listed below have the following meaning in this Policy:

"CUSTOMER" means the counterparty to a Service, Subscription or license Agreement with Numerix;

"CUSTOMER DATA SUBJECTS" shall mean the former and current directors, officers and employees and customers of Numerix;

"DATA PROTECTION LAWS" means in relation to any Personal Data which is Processed in the performance of the Service/License Agreement, the Personal Data Protection Act (PDPA) together with all implementing laws and any other applicable data protection, privacy laws or privacy regulations;

"PERSONAL DATA" or "PII" means any information through which a Customer Data Subject can be identified directly or indirectly;

"SERVICES/SUBSCRIPTIONS/LICENSES" means services, subscriptions for software tools, or software licenses which Numerix provides to the Customer under the Service/Subscription/License Agreement;

"SERVICE/SUBSCRIPTION/LICENSE AGREEMENT" means any written contract, any written statement of work, any binding website terms of use ("Terms of Use") which a Customer subscribes to for a Numerix software tool, or any other written binding agreement, including any annexes thereto, between Numerix and the Customer;

"NUMERIX" means Numerix or any of its entities that is the contracting entity to the Service/Subscription/License Agreement;


WEBSITE TERMS AND CONDITIONS

Our Policy as it pertains to web information collected on Numerix web properties can be found in our Website Terms of Use . Where your use of the Website is concerned, you acknowledge and accept that certain functions, when activated or used by you, will operate to send or display information about yourself, including but not limited to, your personal data to certain third parties, and you agree to the sharing of such information with these third parties.


HOW DO WE COLLECT INFORMATION ABOUT YOU?

We obtain information about you from you. We do this so that we can conduct business with you and your company. The data we hold is very restricted and generic in nature.


WHAT TYPE OF INFORMATION IS COLLECTED FROM YOU?

Through your interactions with Numerix, and the use of our web properties, we may collect business, behavioural and personal information about you. Numerix only retains personal information (PII) when it is necessary to conduct our business with you. The scope of information we use and retain may include but is not limited to: Identity information such as Name, Title, Country of Residence; business contact information such as work phone and business email address - which are owned by your company; mobile phone - only in select instances; behavioural, geographic or demographic attributes which are used to track preferences, assign regional sales representation, maintain our relationship with you, etc. If you have provided any forms of PII to Numerix, such as a mobile phone number; home phone number, you have the option to request the removal of such data.


HOW IS YOUR INFORMATION USED?

Numerix may use your personal information for the purposes specified at the time it was collected. This may include but is not limited to the following purposes:

to provide access to content and news from Numerix;

to enable the company to carry out surveys designed to improve the quality of the service provided;

to support your needs as a customer or partner through our customer portal or by phone or email;

to send updates on user groups and information regarding the products and services offered by Numerix;

to provide release and product updates;

to provide you with access to and use of your subscriptions for software tools through our Terms of Use;

to provide you with notices about your account/subscription via our Terms of Use, including expiration and renewal notices;

to carry out our obligations and enforce our rights arising from the Terms of Use or any contracts with you, including for billing and collection or to comply with legal requirements;

to notify you about changes to any products, services or software tools we offer or provide though it;

for any other purpose with your consent.

To provide these services to you we may do so by email, regular mail or telephone.

In addition, Numerix uses aggregated data - to the extent this can no longer be considered Personal Data - for analysis purposes, for website and for internal operations, including troubleshooting, data analysis, testing, research, for statistical purposes and for improving the quality of its Services.

Numerix uses certain trusted third parties (for example, providers of customer support and IT services) to help us provide, improve, protect, and promote our Services. These third parties will access your information only to perform tasks on our behalf in compliance with this Policy, and we'll remain responsible for their handling of your information per our instructions.

Numerix shall not process, transfer, modify, amend or alter the Personal Data or disclose or permit the disclosure of the Personal Data to any third party and will not do so without your express consent other than as necessary to provide the Services/Support/Subscriptions/Licenses of the Customer, or as required to comply with Data Protection Laws or other laws to which Numerix is subject, in which case Numerix shall (to the extent permitted by law) inform Customer of that legal requirement before processing the Personal Data.


WHAT ARE YOUR RIGHTS AROUND THIS DATA?

As the personal data owner, you have the right to:

a. Access your personal data

b. Correct errors in your personal data

c. Erase your personal data

d. Object to processing of your personal data

e. Export personal data

You can withdraw your consent of access at any time; you have the right "to be forgotten" (a request of complete deletion). At Numerix, we take your privacy seriously and will only use your personal information as described above and for that period necessary to perform these services.

The provision of consent is conditional. It may be rescinded at any time. However, should you decide to avail yourself of this option it may become untenable for Numerix to support you or the deployment of our software at your location. If you wish to rescind any or all of the PII we hold for you, please let us know by return email. Please be aware that Numerix does not share or sell your information to any third party and will not do so without your consent.


HOW IS YOUR PERSONAL INFORMATION SHARED?

Numerix may use your personal information for the purposes specified at the time it was collected. By sharing your information with this website, you consent to the collection and use of the information you provide to Numerix including to transport, share, and utilize your information across our parent company and global subsidiaries in accordance with this Privacy Policy. Numerix does not rent, sell or otherwise distribute to third parties, your personal information collected on this Website without your consent, unless required as follows:

(a) We may disclose your personal information if legally required to do so, pursuant to a request from a governmental entity, or if we believe in good faith - after considering your privacy interests and other factors - that such action is necessary to:

(a) Conform to legal requirements or comply with legal processes (including subpoenas);

(b) Enforce or apply our Terms of Use and other agreements, including for billing and collections purposes;

(c) Protect our property rights, rights and safety or property, rights and safety of a third party, our affiliated companies, or the public in general; or

(d) Stop any activity that we consider illegal, unethical, or legally actionable.

Such third parties do not include our partners, website hosting providers, or other parties who assist Numerix in operating this Website. Numerix may use your personal information for other purposes where permitted by law, such as to provide you with better customer service, to provide you with targeted promotions, to fulfil a request you have made, to assist us in conducting business, or to contact you if necessary. If you do provide Numerix with consent to share your information with other companies, Numerix may share your information with companies who offer products and services that may be of interest to you. These companies may then contact you directly with products or offers, personalized offers and information, or to ask for your feedback on products and programs that they think may be of interest to you. If you subscribe to one of our mailing lists, you can unsubscribe at any time by clicking here.


TRANSFERS OF PERSONAL DATA OUTSIDE OF SINGAPORE

To provide support services to our customers, we may transfer your personal data to countries outside of Singapore. Where this is done, we will take steps to ensure that your personal data continues to receive a standard of protection that is at least comparable to that provided under the PDPA.


HOW CAN YOU UPDATE YOUR INFORMATION?

If you want to update any personal information you previously provided to Numerix, you can do so via sending an email to our Data Protection Officer by emailing dpo-sg@numerix.com.


HOW DOES NUMERIX SAFEGUARD YOUR INFORMATION?

Numerix uses reasonable electronic, physical, and administrative means to protect your personally identifying information from improper access and disclosure. Even so, security breaches and mistakes can and do happen and Numerix does not guarantee the security of personal information you may provide. Also, no data transmission over the Internet can be guaranteed to be 100% secure. Numerix does not ensure or warrant the security of any information you transmit to Numerix, and you do so at your own risk. Numerix shall not be responsible for the acts of those who gain unauthorized access and you should ensure that you do not post sensitive information, including personality profiles, as part of any Subscription to a software tool under the Terms of Use. Numerix may change this Privacy Policy from time to time by updating this posting, without prior separate notice to you.


CONFIDENTIALITY AND SECURITY

Any Personal Data held by Numerix shall be kept confidential. Numerix staff is trained to do the same. Numerix has implemented appropriate technical and organizational measures to ensure a level of security of the Personal Data appropriate to the risk required pursuant to applicable Data Protection Laws.


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