Etana Custody, a trusted industry leader in regulated multi-asset custody and support, announced they have completed a SOC 2 Type 2 security certification.
CHICAGO, Sep. 15, 2022 /PRNewswire-PRWeb/ -- Etana Custody, a trusted industry leader in regulated multi-asset custody and support, announced they have completed a SOC 2 Type 2 security certification. External auditors confirmed Etana's compliance management of data, which protects organization and client privacy, meets or exceeds industry standards and best practices.
"Etana's primary mission is the safe and secure management of client assets and data. With the accelerated integration of digital assets into the traditional financial ecosystem, stringent safety protocols are required for successful custody, transfer, and settlement of assets. Etana is committed to transparency and ongoing participation in security certification programs like the SOC 2." -Brandon Russell, Etana Custody CEO.
The Service Organization Control (SOC) report was developed by the American Institute of CPAs (AICPA) and established a criterion with worldwide industry standards and best practices for platform, data security processes, and controls. The audit was conducted by Armanino, LLP in accordance with the requirements of the American Institute of Certified Public Accountants. SOC 2 Type 2 is considered the gold standard for data security and provides clients of Etana companies with the assurance that Etana complies with stringent industry security standards.
The SOC 2 Type 2 report offers an additional layer of organizational transparency that determines the operating effectiveness of an organization's infrastructure, software, people, and data throughout a specific period of managing customer data. The assessment is based on five "trust service principles"—security, availability, processing integrity, confidentiality, and privacy.
Etana's industry-leading custody and trade support solutions allow clients to manage their multi-currency and digital assets from a secure environment with the ability to buy and sell directly from custody, eliminating risky transfers and inefficient transactions. Etana's regulated solutions reduce counterparty risk, increase capital efficiency, and mobilize assets across venues for sophisticated investors, exchanges, and institutions globally.
About Etana Custody
As an independent, qualified custodian, Etana Custody offers innovative global custodial and trade support solutions for institutions, corporations, exchanges, and individuals. The industry-leading suite of custody and trade support solutions for fiat and digital assets provides flexibility and peace of mind to Etana's clients, with the assurance that their digital assets will always stay protected and secure.
Visit http://www.etana.com to learn more.
Steven Eyerman, Gate 39 Media, 312-715-1475, [email protected]
SOURCE Etana Custody