parallel

Parallel is a name chosen to evoke the fact that legal advice must be connected to the operational issues and constraints of companies.

Business and law cannot be dealt with separately.

Understandable in many languages, Parallel also refers to the coexistence of traditional companies and innovative businesses, each of which can take advantage of the industrial revolution we are experiencing, provided they master their legal environment and anticipate its evolution.

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regulatory

Fintech (installment payments solution) and personal data

Alma, which offers digital solution for instalment payments for e-commerce websites, merchants and shops, requested Parallel Avocats’ support for the compliance of the processing of personal data.

Growing strongly, Alma wanted to intensify its legal compliance efforts in connection with the processing of personal data.

Parallel Avocats carried out in-depth research, analysis and legal interpretations work in order to assess the situation of the company regarding the GDPR and the French Law on personal data (loi informatique et libertés). On this basis, a roadmap was set to plan legal and operational compliance actions.

Parallel Avocats’ intervention enabled Alma to gain comfort in assessing its situation with respect to regulations on personal data and also to upgrade its technical legal skills in this field. As for any data driven company, this step proved to be a factor in accelerating Alma’s growth.

Claire Sanson & Guillaume Desloges

Head of Financing and Compliance & General Manager

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« We engaged Parallel Avocats for their high skills regarding personal data Regulation and their knowledges of the financial and operational business model of fintech specialized in payment operations such as Alma ».