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Non-Public Personal Consumer Information Policy
NPI Collection
In the course of its day-to-day
operations, BISYS sometimes has access to non-public personal information about
a consumer ("NPI"), as that term is defined by the Gramm-Leach-Bliley Act of
1999 and the various regulations promulgated thereunder ("G-L-B"). Although
BISYS is not a "financial institution" as defined by G-L-B, many of BISYS'
clients and customers are "financial institutions" subject to G-L-B.
NPI Use
BISYS will use NPI only in connection with providing services contracted for by customers'
financial institutions. Except as necessary to provide such services, BISYS will not sell,
share or rent NPI to persons or entities other than the customers' financial institutions.
Other provisions of G-L-B, such as the notification requirements and the
"opt-out" provisions, are the responsibility of the financial institution and
not BISYS.
Current Practices of BISYS That Involve Collection of NPI
As of the date that BISYS adopted this policy, most products and
services provided by BISYS did not involve the collection of, or access to, NPI,
with the exception of processing of certain retirement accounts and certain of
BISYS' web hosting services.
BISYS Employees' Access to NPI
BISYS will limit access to NPI to BISYS employees and agents that need to know the NPI for
business reasons. All BISYS employees are trained to respect the privacy of NPI,
and those who violate this policy will be subject to discipline.
Notification of Changes
BISYS reserves the right to
modify its policy regarding NPI at any time. If BISYS changes its policy
regarding NPI, BISYS will post the changes on the Homepage of this Web-site. If
at any point BISYS decides to use NPI in a manner different from that stated
above, BISYS will notify the affected financial institutions. Users should
review this privacy statement regularly.
Adopted: February 16, 2001
Updated: April 9, 2002