"We are proud to have cleared the audit without any exceptions across all 174 controls reviewed by the SOC 2 Type II audit, a rare feat in this industry"
NEW YORK (PRWEB) April 02, 2018
TresVista is pleased to announce that it has successfully obtained the Systems and Organizational Control (SOC) 2 Type II certification. The SOC 2 certification is one of the most trusted and demanding security audits. It is a testament to the priority TresVista and its management place on upholding best-in-class data confidentiality and privacy controls to protect their clients’ interests.
“The compliance team works tirelessly to ensure we continue to maintain the high standards demanded by this industry and that are expected of by our clients. We are proud to have cleared the audit without any exceptions across all 174 controls reviewed by the SOC 2 Type II audit, a rare feat in this industry”, said Devrath Banerjee, SVP of Operations and Head of Compliance.
Abilash Jaikumar, Co-founder & MD at TresVista said, “Though we have always maintained the highest standards from a compliance and confidentiality standpoint, regulators are increasingly requiring third-party certifications, such as SOC and ISO, from offshore service providers working with financial services firms.”
About SOC II
Developed by the American Institute of CPAs (AICPA), SOC II defines the criteria for managing customer data based on the five “trust service principles” of security, availability, processing integrity, confidentiality, and privacy. For more information click here.
About TresVista Financial Services
TresVista is the leading provider of high-end outsourced support for asset managers, investment banks, research firms, and corporates. TresVista delivers operational efficiencies and cost savings to clients while providing them with dedicated teams to support across functions. Supported functions include investor relations, deal sourcing, deal execution, data analytics, valuation, research, financial modeling, portfolio management, marketing, design, fund administration and book-keeping.