{"id":781,"date":"2020-11-29T20:21:50","date_gmt":"2020-11-29T19:21:50","guid":{"rendered":"https:\/\/www.rosenthal.legal\/?page_id=781"},"modified":"2020-12-22T20:45:12","modified_gmt":"2020-12-22T19:45:12","slug":"opportunites_banques_suisse_privee_fintec_data_gouvernance_","status":"publish","type":"page","link":"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/","title":{"rendered":"Insights"},"content":{"rendered":"<div>Insights<em class=\"blink\">_<\/em><\/div>\n<div>Nous pensons que le meilleur r\u00e9sultat d&rsquo;une entreprise n&rsquo;est pas uniquement son r\u00e9sultat financier mais les relations durables qui se cr\u00e9ent. Nous souhaitons partager des histoires, annoncer de nouvelles relations et offrir des opportunit\u00e9s d&rsquo;affaires dans l\u2019objectif d&rsquo;inspirer, de motiver et de cr\u00e9er avec ceux qui nous entourent. <\/div>\n<hr>\n<h2>Your Data : The world\u2019s most valuable resource<\/h2>\n<hr>\n<div>\n<p>These past years have been focused on data protection due to the GDPR privacy laws such as the California Consumer Privacy Act. Today\u2019s tech industry leaders have more or less understood this as they have positioned themselves as promoters and supporters of data protection. Could this be to push back the real data issue at hand\u2026<\/p>\n<p>Our data is the new Black Gold of the 21st century due to the increased everyday use of smartphones, IoT, and the Internet. As more and more devices connect to the Internet independently, the more data is created and stored. We have become cons-prod (data consumers and data producers) of data. This means that AI techniques and algorithms can be used by the data holders to extrapolate value from this data. In the Digital Era, industry giants and new players supporting their business model (Analytic engines for all types of data including textual, numerical, geospatial, structured, and unstructured \u2026) and preparing their IPO\u2019s can see and now also predict what their users are searching, buying and sharing. The increase in users creates attraction for others to do the same therefore increasing their data collection and using it to better understand and provide for their clients. This ability to observe their users, through the collected data, gives them the power to identify new products or services before they develop into potential threats. This advantage allows them to better control the competition.<\/p>\n<p>In the early 20th century, Standard Oil was divided to avoid a power monopoly. Similarly, a call is being made to do the same to the current industry giants. However, this would not solve the dilemma, only postpone the inevitable. Antitrust authorities must explore new systems to assess the quantity of accessible data of each company to identify those using algorithms to influence users, collude over prices or worse control votes. Antitrust authorities should also increase transparency between the data holders and data providers. By making data accessible, with users\u2019 consent, new opportunities were created and identified for wide spread growth. This has encouraged in Europe following the GDPR and also the CCPA (California Consumer Privacy Act) to form \u201cDo Not Sell My Personal Information\u201d provisions. Should we believe that these regulations are still, at this time, most likely not sufficient. We must understand that it is no longer exclusively a data protection problem but an issue of data concentration in the restricted hands of important players. Changing antitrust regulations on data use will take time and effort but in the end would be advantageous to all parties involved\u2026<\/p>\n<\/div>\n<div>\n<p><em>Rosenthal Law Firm<\/em> is able to continue accompanying both industry giants and start-ups to face the challenges of data protection and, more specifically, the concentration of data.<\/p>\n<\/div>\n<h2>Your Data : The world\u2019s most valuable resource<\/h2>\n<hr>\n<div>\n<p>These past years have been focused on data protection due to the GDPR privacy laws such as the California Consumer Privacy Act. Today\u2019s tech industry leaders have more or less understood this as they have positioned themselves as promoters and supporters of data protection. Could this be to push back the real data issue at hand\u2026<\/p>\n<p>Our data is the new Black Gold of the 21st century due to the increased everyday use of smartphones, IoT, and the Internet. As more and more devices connect to the Internet independently, the more data is created and stored. We have become cons-prod (data consumers and data producers) of data. This means that AI techniques and algorithms can be used by the data holders to extrapolate value from this data. In the Digital Era, industry giants and new players supporting their business model (Analytic engines for all types of data including textual, numerical, geospatial, structured, and unstructured \u2026) and preparing their IPO\u2019s can see and now also predict what their users are searching, buying and sharing. The increase in users creates attraction for others to do the same therefore increasing their data collection and using it to better understand and provide for their clients. This ability to observe their users, through the collected data, gives them the power to identify new products or services before they develop into potential threats. This advantage allows them to better control the competition.<\/p>\n<p>In the early 20th century, Standard Oil was divided to avoid a power monopoly. Similarly, a call is being made to do the same to the current industry giants. However, this would not solve the dilemma, only postpone the inevitable. Antitrust authorities must explore new systems to assess the quantity of accessible data of each company to identify those using algorithms to influence users, collude over prices or worse control votes. Antitrust authorities should also increase transparency between the data holders and data providers. By making data accessible, with users\u2019 consent, new opportunities were created and identified for wide spread growth. This has encouraged in Europe following the GDPR and also the CCPA (California Consumer Privacy Act) to form \u201cDo Not Sell My Personal Information\u201d provisions. Should we believe that these regulations are still, at this time, most likely not sufficient. We must understand that it is no longer exclusively a data protection problem but an issue of data concentration in the restricted hands of important players. Changing antitrust regulations on data use will take time and effort but in the end would be advantageous to all parties involved\u2026<\/p>\n<\/div>\n<div>\n<p><em>Rosenthal Law Firm<\/em> is able to continue accompanying both industry giants and start-ups to face the challenges of data protection and, more specifically, the concentration of data.<\/p>\n<\/div>\n<p><!-- {\"name\":\"PRACTICE SUB - Content page sample\",\"type\":\"layout\",\"children\":[{\"type\":\"section\",\"props\":{\"style\":\"default\",\"width\":\"default\",\"vertical_align\":\"middle\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"title_breakpoint\":\"xl\",\"image_position\":\"center-center\",\"header_transparent\":\"dark\",\"animation\":\"slide-bottom\",\"animation_delay\":true,\"padding\":\"xlarge\",\"padding_remove_bottom\":false},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"headline\",\"props\":{\"title_element\":\"div\",\"content\":\"Insights<em class=\\\"blink\\\">_<\\\/em>\",\"title_style\":\"heading-large\",\"attributes\":\"\",\"css\":\".blink {\\n  font-family:\\\"akrobat-light\\\";\\n  animation: blinker 1.25s linear infinite;\\n}\\n\\n@keyframes blinker {  \\n  50% { opacity: 0; }\\n}\"}},{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"text_style\":\"lead\",\"content\":\"Nous pensons que le meilleur r\\u00e9sultat d'une entreprise n'est pas uniquement son r\\u00e9sultat financier mais les relations durables qui se cr\\u00e9ent. Nous souhaitons partager des histoires, annoncer de nouvelles relations et offrir des opportunit\\u00e9s d'affaires dans l\\u2019objectif d'inspirer, de motiver et de cr\\u00e9er avec ceux qui nous entourent. \"}},{\"type\":\"divider\",\"props\":{\"divider_element\":\"hr\",\"divider_style\":\"small\",\"animation\":\"fade\"}}]}],\"props\":{\"width\":\"default\",\"padding_remove_horizontal\":false}}],\"name\":\"Main Section - Pages\",\"modified\":\"2020-12-01T16:53:14.478Z\"},{\"type\":\"section\",\"props\":{\"style\":\"default\",\"width\":\"default\",\"vertical_align\":\"middle\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"title_breakpoint\":\"xl\",\"image_position\":\"center-center\",\"status\":\"\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"headline\",\"props\":{\"title_element\":\"h2\",\"content\":\"Your Data : The world\\u2019s most valuable resource\"}},{\"type\":\"divider\",\"props\":{\"divider_element\":\"hr\",\"divider_style\":\"small\",\"animation\":\"fade\"}},{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>These past years have been focused on data protection due to the GDPR privacy laws such as the California Consumer Privacy Act. Today\\u2019s tech industry leaders have more or less understood this as they have positioned themselves as promoters and supporters of data protection. Could this be to push back the real data issue at hand\\u2026<\\\/p>\\n\n\n<p>Our data is the new Black Gold of the 21st century due to the increased everyday use of smartphones, IoT, and the Internet. As more and more devices connect to the Internet independently, the more data is created and stored. We have become cons-prod (data consumers and data producers) of data. This means that AI techniques and algorithms can be used by the data holders to extrapolate value from this data. In the Digital Era, industry giants and new players supporting their business model (Analytic engines for all types of data including textual, numerical, geospatial, structured, and unstructured \\u2026) and preparing their IPO\\u2019s can see and now also predict what their users are searching, buying and sharing. The increase in users creates attraction for others to do the same therefore increasing their data collection and using it to better understand and provide for their clients. This ability to observe their users, through the collected data, gives them the power to identify new products or services before they develop into potential threats. This advantage allows them to better control the competition.<\\\/p>\\n\n\n<p>In the early 20th century, Standard Oil was divided to avoid a power monopoly. Similarly, a call is being made to do the same to the current industry giants. However, this would not solve the dilemma, only postpone the inevitable. Antitrust authorities must explore new systems to assess the quantity of accessible data of each company to identify those using algorithms to influence users, collude over prices or worse control votes. Antitrust authorities should also increase transparency between the data holders and data providers. By making data accessible, with users\\u2019 consent, new opportunities were created and identified for wide spread growth. This has encouraged in Europe following the GDPR and also the CCPA (California Consumer Privacy Act) to form \\u201cDo Not Sell My Personal Information\\u201d provisions. Should we believe that these regulations are still, at this time, most likely not sufficient. We must understand that it is no longer exclusively a data protection problem but an issue of data concentration in the restricted hands of important players. Changing antitrust regulations on data use will take time and effort but in the end would be advantageous to all parties involved\\u2026<\\\/p>\"}},{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<p><em>Rosenthal Law Firm<\\\/em> is able to continue accompanying both industry giants and start-ups to face the challenges of data protection and, more specifically, the concentration of data.<\\\/p>\"}}]}]}],\"name\":\"Insight 1\"},{\"type\":\"section\",\"props\":{\"style\":\"default\",\"width\":\"default\",\"vertical_align\":\"middle\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"title_breakpoint\":\"xl\",\"image_position\":\"center-center\",\"status\":\"disabled\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"headline\",\"props\":{\"title_element\":\"h2\",\"content\":\"Your Data : The world\\u2019s most valuable resource\"}},{\"type\":\"divider\",\"props\":{\"divider_element\":\"hr\",\"divider_style\":\"small\",\"animation\":\"fade\"}},{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>These past years have been focused on data protection due to the GDPR privacy laws such as the California Consumer Privacy Act. Today\\u2019s tech industry leaders have more or less understood this as they have positioned themselves as promoters and supporters of data protection. Could this be to push back the real data issue at hand\\u2026<\\\/p>\\n\n\n<p>Our data is the new Black Gold of the 21st century due to the increased everyday use of smartphones, IoT, and the Internet. As more and more devices connect to the Internet independently, the more data is created and stored. We have become cons-prod (data consumers and data producers) of data. This means that AI techniques and algorithms can be used by the data holders to extrapolate value from this data. In the Digital Era, industry giants and new players supporting their business model (Analytic engines for all types of data including textual, numerical, geospatial, structured, and unstructured \\u2026) and preparing their IPO\\u2019s can see and now also predict what their users are searching, buying and sharing. The increase in users creates attraction for others to do the same therefore increasing their data collection and using it to better understand and provide for their clients. This ability to observe their users, through the collected data, gives them the power to identify new products or services before they develop into potential threats. This advantage allows them to better control the competition.<\\\/p>\\n\n\n<p>In the early 20th century, Standard Oil was divided to avoid a power monopoly. Similarly, a call is being made to do the same to the current industry giants. However, this would not solve the dilemma, only postpone the inevitable. Antitrust authorities must explore new systems to assess the quantity of accessible data of each company to identify those using algorithms to influence users, collude over prices or worse control votes. Antitrust authorities should also increase transparency between the data holders and data providers. By making data accessible, with users\\u2019 consent, new opportunities were created and identified for wide spread growth. This has encouraged in Europe following the GDPR and also the CCPA (California Consumer Privacy Act) to form \\u201cDo Not Sell My Personal Information\\u201d provisions. Should we believe that these regulations are still, at this time, most likely not sufficient. We must understand that it is no longer exclusively a data protection problem but an issue of data concentration in the restricted hands of important players. Changing antitrust regulations on data use will take time and effort but in the end would be advantageous to all parties involved\\u2026<\\\/p>\"}},{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<p><em>Rosenthal Law Firm<\\\/em> is able to continue accompanying both industry giants and start-ups to face the challenges of data protection and, more specifically, the concentration of data.<\\\/p>\"}}]}]}],\"name\":\"Insight 1\"}],\"version\":\"2.3.19\"} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insights_ Nous pensons que le meilleur r\u00e9sultat d&rsquo;une entreprise n&rsquo;est pas uniquement son r\u00e9sultat financier mais les relations durables qui se cr\u00e9ent. Nous souhaitons partager des histoires, annoncer de nouvelles relations et offrir des opportunit\u00e9s d&rsquo;affaires dans l\u2019objectif d&rsquo;inspirer, de motiver et de cr\u00e9er avec ceux qui nous entourent. Your Data : The world\u2019s most [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insights: M&amp;A Opportunities Swiss Private Bank FinTech Data Valuable Ressource<\/title>\n<meta name=\"description\" content=\"Share stories, announce new relations and offer business opportunities in the hopes of inspiring, motivating and creating with those around us.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insights: M&amp;A Opportunities Swiss Private Bank FinTech Data Valuable Ressource\" \/>\n<meta property=\"og:description\" content=\"Share stories, announce new relations and offer business opportunities in the hopes of inspiring, motivating and creating with those around us.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/\" \/>\n<meta property=\"og:site_name\" content=\"Rosenthal Law Firm\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-22T19:45:12+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\">\n\t<meta name=\"twitter:data1\" content=\"adminrlaw\">\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture est.\">\n\t<meta name=\"twitter:data2\" content=\"4 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rosenthal.legal\/en\/#website\",\"url\":\"https:\/\/www.rosenthal.legal\/en\/\",\"name\":\"Rosenthal Law Firm\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.rosenthal.legal\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/#webpage\",\"url\":\"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/\",\"name\":\"Insights: M&A Opportunities Swiss Private Bank FinTech Data Valuable Ressource\",\"isPartOf\":{\"@id\":\"https:\/\/www.rosenthal.legal\/en\/#website\"},\"datePublished\":\"2020-11-29T19:21:50+00:00\",\"dateModified\":\"2020-12-22T19:45:12+00:00\",\"description\":\"Share stories, announce new relations and offer business opportunities in the hopes of inspiring, motivating and creating with those around us.\",\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rosenthal.legal\/fr\/opportunites_banques_suisse_privee_fintec_data_gouvernance_\/\"]}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/pages\/781"}],"collection":[{"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/comments?post=781"}],"version-history":[{"count":10,"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/pages\/781\/revisions"}],"predecessor-version":[{"id":901,"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/pages\/781\/revisions\/901"}],"wp:attachment":[{"href":"https:\/\/www.rosenthal.legal\/fr\/wp-json\/wp\/v2\/media?parent=781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}