OpenGamma announces completion of SOC 2 Type 1 Certification

OpenGamma announces completion of SOC 2 Type 1 Certification
5th June 2019 Maxime Jeanniard

OpenGamma is proud to announce successful completion of the Service Organisation Controls (SOC) 2 Type 1 certification. Following a period of extensive auditing we have been certified by Ernst & Young (EY) for our controls relating to security, highlighting our commitment to protecting customer data.

Developed by the American Institute of Certified Public Accountants (AICPA), SOC 2 is the standard for security compliance by hosted service providers. Firms must demonstrate their ability to design and implement controls, policies, procedures and practices to protect the interests of their clients.

Our CTO, Jon Senior, has said: “This certification marks a significant step towards achieving our long-term goals. Managing customer data has always been a top priority and this independent validation demonstrates just how seriously we take handling our clients’ sensitive position files.”

Beyond security, SOC 2 compliance provides customers with an assurance of high levels of organisational maturity, from the internal processes around customer commitments to the professional development of employees. OpenGamma is committed to performing further SOC 2 examinations in future years, providing ongoing confidence in our ability to maintain and expand on these high standards.

OpenGamma’s SOC 2 report is available to existing and prospective customers on request under a non-disclosure agreement. Please contact compliance@opengamma.com for more information.