RateGain Technologies, a leader in providing big data and distribution solutions for Travel and Hospitality, once again has taken the first step to ensuring that its customers get better control of what data is shared and a better accountability of what data is used. From 25th May onwards, all business processes and systems at RateGain adhere to the the General Data Protection Regulation (GDPR).
As a global organization, RateGain has made changes to its privacy policy providing a comprehensive framework to comply with the new regulation of the EU Law. The General Data Protection Regulation (GDPR) (EU) 2016/679, is the most significant and broad reform to protect use and export of personal data in 20 years, with impact globally on any organization processing or using EU subjects’ data.
In a continued commitment to our customers and their data, RateGain also became the first rate-intelligence and distribution solutions company to appoint a Data Protection officer.
Amit Bhatia, Senior Vice President of operations at RateGain will additionally be responsible for ensuring compliance with GDPR and handling related matters. The appointment is aimed to develop and monitor policies as well as procedures to protect personal data and adopt appropriate technical and organizational measures.
According to Amit Bhatia, “In today’s data-driven world, privacy concerns are increasing every day. As an organization, we now have solutions that help in monitoring, compliance and surveillance of data enabling detection and response without delays when infringement of data occurs. We are GDPR ready to meet regulatory requirements and also address concerns of all our customers worldwide. “
About RateGain:
RateGain is a leading provider of cloud-based innovative solutions for the Travel and Hospitality Industry. RateGain provides the latest technology in rate intelligence, price optimization, seamless electronic distribution and brand engagement. Founded in 2004, RateGain has 12,000 clients around the globe including hotels, online travel agents, airlines, car rental companies, cruise liners as well as tour operators and wholesalers like IHG, Melia Hotels International, Lufthansa, Expedia, Hertz Corporation, Priceline.com, Carnival Cruise, etc. Through our unwavering commitment to excellence and our guiding principles, we help hospitality and travel companies make more revenue every day.
For further details, please contact:
RateGain:
Aditi Bhandari, Senior Manager Marketing
aditi.bhandari@rategain.it
Forward-Looking Statements
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words ‘planned’, ‘expects’, ‘believes’,’ strategy’, ‘opportunity’, ‘anticipates’, ‘hopes’ or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, data services and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptance of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments
