Datasoft is pleased to announce the successful completion of the System and Organization Control (SOC) 2 Type 2 audit. The audit was conducted over a twelve-month observation period by CPA firm Auditwerx (a division of Carr, Riggs and Ingram Capital LLC).
A SOC 2 audit is performed to validate the internal controls of an organization in relation to one or more of five Trust Service Criteria as defined by the American Institute of Certified Public Accountants (AICPA). These criteria are security, availability, processing integrity, confidentiality and privacy. The SOC 2 Type 2 report examines the design and implementation of the internal controls and the effectiveness of the controls over a set period.
As a trusted fintech company and cloud-based software-as-a-service (SaaS) provider for banks and non-bank financial institutions, Datasoft focused on the Trust Service Criteria for security, availability and confidentiality for this audit.
“The security and availability of FxOffice is vital to our clients,” said Rahim Harji, CEO of Datasoft. “This SOC 2 Type 2 report affirms that effective controls and safeguards are in place that meet industry standards for protecting security, confidentiality and the availability of FxOffice.”
The report is available for clients upon request.
Datasoft is a fintech company with a proven reputation for innovation and service excellence in the foreign exchange and international payments software space. Datasoft’s flagship platform, FxOffice, delivers end-to-end enterprise capability unifying FX dealing, risk management, compliance, payments, and finance all into a single platform. Datasoft is headquartered in Toronto, Canada.
Learn how Datasoft's foreign exchange software platform can help your financial institution modernize your FX and payments offering in a single comprehensive end-to-end core solution.
For more information visit www.datasoft.global