Privacy Policy

Effective: 19th July, 2023

Introduction

XOPT Limited ('we', 'us', 'our') is committed to protecting and respecting your privacy in accordance with the Privacy Act 1993 (New Zealand) and Privacy Act 1988 (Australia). We operate a Software as a Service (SaaS) that ingests company data from customers to build simulation models and simulates scenarios. This privacy statement outlines how we handle your personal and company data.

Collection and Use of Personal Data

We collect personal information, such as names, email addresses, and contact details to deliver our services, manage our relationship with you, communicate with you, and meet our legal obligations. We collect company data, which may include financial and operational data, to build simulation models and run scenarios. Our lawful basis for processing this data is the necessity to fulfill our contract with you and comply with our legal obligations. All information is stored on secure, encrypted servers.

Data Protection Officer

Our Data Protection Officer (DPO) is responsible for ensuring that our company adheres to this privacy statement. If you have any questions about how we handle your personal data, you can reach out to our DPO at dpo@xopt.co.nz.

Data Security

We maintain robust security measures to protect your data from unauthorized access, loss, misuse, and alteration. We uphold the principles of 'privacy by design and by default,' integrating data protection into all our processing activities and business practices.

Data Access, Rectification, and Erasure

You have the right to access, correct, or erase your personal information. You may contact us at any time to exercise these rights, subject to our need to keep accurate records and any legal obligations we may have.

Data Portability and Objection

You have the right to data portability, which means you can request a copy of your personal data in a commonly used format. You also have the right to object to our processing of your personal data under certain circumstances.

Transborder Data Flows

We may transfer your personal and company data outside of New Zealand, Australia, the United States, or the European Union to perform our services. In such cases, we will take appropriate measures to ensure the security of the data and that an equivalent level of protection is afforded to it, in compliance with GDPR requirements.

Data Breaches

In the event of a data breach, we have procedures in place to notify the relevant supervisory authority and, where necessary, the individuals affected, in accordance with the GDPR's requirements.

Changes to this Policy

We may occasionally update this privacy statement to reflect changes in our services and customer feedback. We encourage you to review this statement periodically to be informed of how xOPT Limited is protecting your information.

Contact Information

If you have any questions about our privacy policy or want to exercise your rights outlined in this policy, please contact us at: dpo@xopt.co.nz

This statement is a guide and does not constitute legal advice. We recommend seeking professional advice to understand the application of privacy laws to your specific situation.

By using our services, you acknowledge that you have read and understand this privacy statement, and you agree to the collection, use, and disclosure of your personal and company data as described herein.

xOPT Limited

B:HIVE, Smales Farm 72 Taharoto Road, Auckland 0622

PO Box 8258, Symonds St, Auckland 1150, New Zealand