A database is an invaluable resource that helps businesses improve customer service and make strategic decisions. It also allows them to abide by regulatory requirements more easily. A good data hk is current, accurate and comprehensive with security features that prevent unauthorised access. In addition, it should be easy to navigate and accessible to all users.

The term “personal data” means any information relating to an identifiable natural person, including name; identification number; location data; online identifier; and factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that person. In the context of the GDPR, “identifiable” means that a person can be identified either directly or indirectly.

Personal data cannot be transferred to a third party for use in relation to a new purpose unless the consent of the data subject is first obtained. This applies whether the transfer is within or outside Hong Kong. Similarly, the data user must obtain the voluntary and express consent of the data subject before using personal data for a purpose that is not set out in the PICS or for a new type of processing (for example, a marketing or research purpose).

Tech Data Distribution (Hong Kong) serves as an essential link in the IT ecosystem by enabling resellers, distributors and their customers to increase profitability through IT infrastructure solutions. As a global distributor and solutions aggregator, Tech Data HK has entered a strategic partnership with Allied Telesis to enable it to deliver a better digital business experience to end-users. The partnership will help customers solve technological challenges and accelerate their digital transformation journeys.

Allied Telesis’ latest software advancements, known as Network AI, can help automate the management of networks. By combining artificial intelligence and machine learning, it can identify issues with existing technologies and provide solutions before they become critical. This will free up IT staff to focus on higher value tasks that can help drive business growth.

As a result of the partnership, Tech Data HK will leverage Allied Telesis’ technology and products to build a more efficient, secure and scalable data sharing system. This will benefit both customers and the community by accelerating the pace of financial intermediation and enhancing financial inclusion in Hong Kong. It will also enable the building of CDI, a next-generation financial data infrastructure that will connect all banks and sources of commercial data through a single connection. This will reduce costs, improve scalability and data quality and allow for greater collaboration among stakeholders in the industry. Moreover, it will enable the sharing of data on a real-time basis and facilitate the development of more innovative financial products and services in the city. This will further enhance the competitiveness of Hong Kong as a global financial centre. The partnership will also support the HKMA’s Fintech 2025 strategy.