We’re happy to join our customer Tradeteq in announcing their SOC 2 Type 1 compliance!
Tradeteq, the technology provider for illiquid credit distribution achieved its first attestation, demonstrating its commitment to protecting and managing customer data at the highest industry standard.
Tradeteq’s platform is used by banks, insurers, and investors to help transform trade finance into an efficient, transparent, and global financial market. SOC 2 Type 1 certification is the latest addition to its security credentials, which include ISO27001, GDPR controls, and other global security, safety, and data protection requirements.
“We handle high volumes of sensitive data on a daily basis and safeguarding and protecting that data has always been paramount to us. Achieving this SOC 2 standard is an important milestone, providing further evidence of our ongoing commitment to security. Alongside our extensive existing credentials, it gives our clients the further assurance that we have rigorous controls in place around how we collect, use, and distribute their information.”Simon Needham, Chief Technology Officer at Tradeteq
Tradeteq achieved SOC Type 1 report with expert help from our team at Laika, and our integrated audit partner, Laika Compliance LLC, evaluated that Tradeteq met the standard.
“Tradeteq demonstrates an intelligent and thoughtful design of their information security program through their Type 1 report. We look forward to evaluating the functionality of their control architecture over time.”Leith Khanafseh, managing partner of Laika Compliance, LLC.
Tradeteq is working towards certification of the SOC2 Type 2 standard, which observes operations over a six-month period.