dAta sTeWarDsHiP

Data dOne

dIffeRentlY

 

Discover how the Isle of Man's Data Stewardship framework recognises your data as an asset, offering unmatched protection, legal resilience and commercial opportunities.

With the unique Isle of Man data framework, enjoy the freedom to maximise benefits while conforming to global standards of privacy and compliance. 

 

DEDICATED DATA STEWARDS

DERIVE VALUE FROM YOUR DATA

GLOBAL COMPLIANCE

STRONG LEGAL STRUCTURE

RESPONSIBLE DATA SHARING

unMatChed

pRotectIon

 

Join a forward-thinking community of businesses that recognise the immense value and responsibility of data stewardship. Embrace the Isle of Man's pioneering framework to unlock a suite of benefits: from safeguarding your most sensitive data assets in a rapidly evolving digital world and ensuring your operations meet the demands of international data compliance, to crafting bespoke governance structures that align with your unique business objectives.

This isn't just about compliance—it's about leveraging data responsibly for growth, innovation, and building trust with your stakeholders.

sHapInG tHe

FutUre oF dAta

 

On Tuesday 15, and Tuesday 29 October 2024, Kurt Roosen, Head of Innovation at Digital Isle of Man, led collaborative workshops on the upcoming launch of the Data Stewardship initiative. These sessions brought together tech leaders, data experts, and innovators to explore how this new initiative will shape the future of data governance on the Isle of Man.
 
Key discussions focused on transforming business practices, ensuring international compliance, and securely sharing, owning, and reusing data. We also explored insights from the Open Data Institute, best practices, and ways the Isle of Man can expand its influence in the global data landscape.
 
If you missed the workshops, the session slides can be viewed via the button below. 

dAta SteWardsHiP 

In PraCticE

 

Discover how the framework supports a range of use cases, from protecting digital IP to facilitating confidential data ventures, all within a structure designed for global resilience and commercial agility.

 

Commercial Data Partnerships: Unlike traditional legal trusts, foundations offer more flexibility for commercial activities involving data assets, blending profit motives with purpose. 

International Data Compliance: Foundations structured in locations like the Isle of Man can meet international data protection standards, vital for ensuring compliance with global data initiatives, especially as data often crosses borders. 

Building Trust in Data: Utilising a foundation for stewardship fosters trust by establishing transparent and responsible frameworks for data sharing collaborations. 

Legal Resilience: The strong legal structure of foundations in the Isle of Man provides an extra layer of protection against legal challenges, crucial for maintaining the integrity of data assets. 

Safety and Assurance: Limited public disclosure requirements in the Isle of Man mean foundations can offer heightened privacy levels for data ventures, ensuring discretion and confidentiality. 

Structured Data Governance: Data foundations allow for unique management structures, such as dedicated boards, focused on responsibly managing and using data assets. 

Customised Data Stewardship Objectives: Foundations offer flexibility to tailor data objectives, whether for safeguarding research data or protecting digital IP, aligning directly with business goals. 

Commitment to Confidentiality: Foundation rules prioritise privacy, ensuring sensitive data is handled discreetly and with respect for privacy concerns. 

beCoMe a tRailBlaZeR