HOPEX GDPR > Defining the Organization > Managing Third Parties
Managing Third Parties
Third-party management enables you to legitimate data transfers outside the European Union.
*A Third party is a natural or legal person, public authority, agency or body other than the data subject, controller, processor and persons who, under the direct authority of the controller or processor, are authorized to process personal data.
To manage third parties in HOPEX GDPR:
*In the navigation menu select Organization > Third Parties Management.
In this section you can record all third-parties somehow involved in the processing of personal data.
*The same information as found on legal entities can be specified here. For more information, see Defining Legal Entity Properties.
Centralizing third party data makes it easier to control whom the personal data is shared with and if appropriate safeguards, like specific contractual clauses, codes of conducts, etc., have been implemented to ensure the lawfulness of the data transfer.