Privacy Policy
At Savant Connection, we understand that your financial data deserves serious protection. This privacy policy explains how we collect, use, and safeguard your information when you use our liquidity and solvency analysis services. We're committed to transparency about what happens with your data.
Information We Collect
When you use our financial analysis platform, we gather different types of information to provide accurate liquidity and solvency assessments. Here's what we collect and why it matters.
Account Information
Your name, email address, company details, and authentication credentials when you create an account with us.
Financial Data
Balance sheets, income statements, cash flow data, and other financial metrics you upload for analysis purposes.
Usage Information
How you interact with our platform, including features accessed, analysis generated, and time spent on different sections.
Technical Data
IP addresses, browser types, device information, and cookies that help us maintain platform security and performance.
Financial Document Processing
When you upload financial statements for liquidity or solvency analysis, we process these documents through secure algorithms. The data stays encrypted during transmission and storage. We never share your specific financial figures with third parties without explicit consent.
How We Use Your Information
Your data serves specific purposes related to providing financial analysis services. We don't use your information for unrelated marketing or sell it to data brokers.
- Generating liquidity ratios, solvency metrics, and financial health assessments based on your uploaded data
- Maintaining your account security and preventing unauthorized access to sensitive financial information
- Improving our analysis algorithms and platform functionality through aggregated, anonymized usage patterns
- Sending service updates, security alerts, and important notifications about your account
- Complying with financial reporting regulations and legal obligations in South Korea
- Providing customer support when you encounter technical issues or have questions about analysis results
Your Financial Data Stays Private
We don't use your specific financial figures for marketing purposes or share them with advertisers. Analysis results and uploaded documents remain accessible only to you and authorized users on your account.
Data Storage and Security
Financial information requires robust protection. We use multiple security layers to keep your data safe from unauthorized access.
Encryption Methods
All data transfers use TLS 1.3 encryption. Your financial documents are encrypted at rest using AES-256 encryption standards. Database access requires multi-factor authentication and encrypted connections.
Server Infrastructure
We host our services on secure servers located in South Korea, ensuring compliance with local data protection regulations. Regular security audits and penetration testing help identify potential vulnerabilities before they become problems.
Access Controls
Only authorized personnel with legitimate business needs can access user data, and all access is logged. We maintain strict internal policies about who can view financial information and under what circumstances.
Sharing Your Information
We keep data sharing to a minimum. Here are the limited situations where we might share your information.
- With cloud infrastructure providers who host our secure servers, bound by strict confidentiality agreements
- When required by Korean financial regulators or law enforcement with proper legal documentation
- With your explicit permission when you choose to export or share analysis reports with third parties
- During business transitions like mergers or acquisitions, where data protection obligations transfer to the new entity
We never sell your financial data to marketing companies or data brokers. Your solvency analysis results and uploaded documents remain confidential unless you specifically choose to share them.
Your Privacy Rights
You have significant control over your personal and financial data. Under South Korean privacy regulations and our commitment to transparency, you can exercise these rights.
Access Your Data
Request a complete copy of all personal information and financial data we hold about you. We'll provide this in a readable format within 30 days.
Correct Inaccuracies
Update or correct any personal information that's outdated or incorrect. You can modify most account details directly through your dashboard.
Delete Your Account
Request complete deletion of your account and associated financial data. We'll remove all information within 60 days, except what we're legally required to retain.
Export Your Information
Download all your financial analysis reports, uploaded documents, and account data in standard formats for use elsewhere.
Restrict Processing
Limit how we use your data while maintaining your account. Useful if you're disputing data accuracy or need temporary processing suspension.
Object to Processing
Object to specific data processing activities you believe aren't necessary for providing our financial analysis services.
To exercise these rights, contact our privacy team at support@savantconnection.com with your request. We'll verify your identity and respond promptly.
Data Retention Periods
We don't keep your data forever. Different types of information have different retention schedules based on legal requirements and service needs.
Active Account Data
While your account remains active, we retain all uploaded financial documents, analysis results, and account information to provide continuous service.
Inactive Accounts
If you don't log in for 24 months, we'll email you before archiving your account. Archived accounts remain accessible for 12 additional months before permanent deletion.
Financial Records
Some financial data must be retained for 7 years under Korean tax and corporate regulations, even after account deletion. This includes transaction records and billing information.
Backup Systems
Deleted data may persist in encrypted backups for up to 90 days before complete removal from all systems including disaster recovery storage.
Cookies and Tracking
Our platform uses cookies to maintain your session and remember preferences. Here's what we track and why.
Essential Cookies
These keep you logged in and remember your dashboard preferences. Without them, you'd need to log in constantly and reconfigure settings every visit. These cookies don't track you across other websites.
Performance Cookies
We collect anonymized data about which features get used most and where users encounter problems. This helps us fix bugs and improve the analysis interface.
Managing Cookie Preferences
You can disable non-essential cookies through your account settings. Essential cookies can't be turned off without affecting platform functionality. Your browser settings also let you block or delete cookies.
International Data Transfers
We primarily store data within South Korea. If you access our services from outside South Korea, your data may transfer internationally to reach our servers.
When data crosses borders, we maintain the same security standards and encryption protocols. Your information receives protection equivalent to South Korean privacy regulations regardless of where you're located.
Children's Privacy
Our financial analysis services target businesses and professional users. We don't knowingly collect information from individuals under 18 years old.
If we discover that someone under 18 has created an account, we'll delete it immediately. Parents or guardians who believe their child provided information to us should contact support@savantconnection.com.
Policy Updates
We update this privacy policy occasionally to reflect new features, legal requirements, or improved practices. Material changes get announced through email and prominent dashboard notifications.
The effective date at the top shows when the current version took effect. Continued use of our services after updates means you accept the revised terms. You can always review previous versions by contacting our support team.
South Korea Specific Provisions
Under the Personal Information Protection Act and related Korean regulations, we maintain additional protections for users in South Korea.
Data Protection Officer
We've designated a Data Protection Officer responsible for privacy compliance and handling user inquiries about data processing. Contact them directly at dpo@savantconnection.com.
Local Data Storage
Financial data for Korean users stays on servers within South Korea's borders, meeting local data residency requirements for sensitive business information.
Breach Notification
If a data breach affects your information, we'll notify you within 24 hours as required by Korean law, along with details about what happened and steps we're taking.
Questions About Your Privacy?
We're here to address concerns about how we handle your financial data. Reach out through any of these channels.
2521, Daewha-Dong, Ilsan Seo-Gu Ilsanseo, gu, Goyang-si, Gyeonggi-do, South Korea