Parsec is a remote desktop and streaming application focused on low latency. It started in 2016 as a way to stream games from a powerful PC to weaker devices, and is now also used for creative work, game development and hybrid teams. According to the vendor, it streams up to 4K resolution and uses peer-to-peer connections to keep latency low. It supports multi-factor authentication and lets a host choose which apps guests can use.
Parsec belongs to Unity Technologies, headquartered in San Francisco, which announced its acquisition in 2021; Parsec's privacy policy now points to Unity's. The service therefore falls under US jurisdiction, including the CLOUD Act. Unity's policy refers to standard contractual clauses for EU, UK and Swiss transfers and to sub-processors. The pages consulted do not state in which regions the hosted components of Parsec run, so European organisations should confirm this.