INDATA Obtains SOC2 and SSAE 18 Accreditations

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iPM Software and iPM Cloud Solutions Continue to Set the Industry Standard for High Availability Software, Technology and Services Offerings

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 a number of 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.