iPM Sets the Industry Standard for High Availability Software
Greenwich, CT — January 3, 2018 – INDATA, a leading industry provider of software, technology, and services for buy-side firms, today announced the successful completion of the Service Organization Control (SOC) 2 Type II and Statement on the Standards for Attestation Engagements (SSAE) 18 Type II audits. Conducted by an independent auditor, the certifications verify that the system architecture and security controls across iPM, iPM Cloud, and associated INDATA products and services continue to provide highly secure, available, and private cloud software and services offerings.
SOC 2 Type II and SSAE 18 Type II assessments, introduced in 2011 and updated in 2017, provide third-party assurance about a provider’s internal operating practices related to security, availability, processing integrity, confidentiality, and privacy and are the financial industry’s standard for software, private cloud and infrastructure-as-a-service providers. The comprehensive examination period was conducted over several months and concluded with an onsite audit to authenticate the effectiveness of policies.
“We are very pleased to have achieved this accreditation which attests to our expertise as a provider and also the dedication of our employees,” commented David J. Csiki, President of INDATA. “We will continue to invest in our best-of-class software, technology, and services infrastructure to the benefit of our clients,” he added.