January 15, 2025
Octaura Announces SOC 2 type 2 Compliance Certification
We are pleased to announce that Octaura has successfully completed the Systems and Organizations Controls (SOC) 2 Type 2 audit. This significant accomplishment reflects our steadfast dedication to maintaining the highest standards of data security and operational integrity, ensuring that Octaura’s data management practices and organizational controls provides safeguards to protect customer data from cyber-attacks.
What is a SOC 2 Type 2 audit?
SOC 2 Type 2 certification is a third-party audit that’s part of the American Institute of CPA’s (AICPA) Service Organization Control reporting platform. SOC 2 requires companies to establish and follow strict information security policies and procedures, encompassing the security, availability, and confidentiality of customer data.
Passing the SOC 2 Type 2 audit means that Octaura maintains processes and practices that meet the required levels of oversight and monitoring so that we can identify and address any non-compliant activity.
Our Commitment to Data Security
SOC 2 compliance represents a pivotal security initiative and a significant milestone for Octaura. Our clients can confidently use our Loan and CLO trading platforms as well as data and analytics solutions, knowing that each product adheres to stringent, industry-standard security and risk management criteria. Information security remains a paramount concern for all financial firms and will continue to be a top priority at Octaura.