[April 22, 2013] UnboundID Debuts Privacy Suite Tweet Apr 22, 2013 (Close-Up Media via COMTEX) -- UnboundID, a platform provider for identity data, released its Privacy Suite, a solution that brings transparency, choice, and control to the collection and on-going management of personal data, while authorizing and governing the use of this data in real-time. The Company said the Suite provides the technology foundation for companies to ensure compliance with their stated privacy practices and enables them to build business models that leverage customer identity data. According to a release, built on the UnboundID Identity Data Platform, the privacy solution gives users more control over their data. According to UnboundID, the Privacy Suite allows service providers, such as telecommunications, high tech and financial services companies to effectively and securely collect, manage, and share customer identity data while respecting customers' privacy wishes. A wealth of personal data is being collected, sold and shared by service providers, and consumers are not always informed or aware of how their personal and private information is being used. UnboundID said that Privacy Suite provides transparency to customers and gives them access to the personal data their service providers possess. The Suite also allows customers to have choice and control over their data, the Company noted. They can set preferences and determine the parameters of how and to what capacity their data is leveraged or shared. By involving customers more, service providers can better meet their needs and desires as well as establish customer trust and loyalty. "For companies managing large amounts of customer identity data that want to leverage it and protect their customers' privacy, the Privacy Suite is a software solution that bridges identity commerce and customer respect," said UnboundID CEO Steve Shoaff. "Because the privacy and data protection regulatory tide is growing, companies need to think ahead and equip themselves with the right solutions." The Privacy Suite authorizes the release of data via policies that combine customer consent choices with internal access policies. If access violates internal policies or the individual's consent, the data cannot be retrieved. "In an expanding Identity Economy, consumers are demanding greater transparency, choice, and control over the data they share," said Shoaff. "Companies that act now will be better positioned in their markets and can avoid the risks and consequences of violating policies." UnboundID is a platform provider for identity data, enabling companies to dynamically manage, protect, and share customer data in real-time across cloud, mobile and social applications. More Information: www.unboundID.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]