Quantium is excited to announce the successful SOC 2 Type II compliance certification, through the Association of International Certified Professional Accountants (AICPA).
The AICPA’s SOC protocols have emerged as the best-in-class, industry-approved method for assessing a software vendor’s data security practices. Quantium is proud to be SOC 2 Type II certified, building on our reputation as a trusted provider for private equity and venture capital firms worldwide.
“At Quantium, our clients’ data is of utmost importance to us,” says Sun Suriyapatanapong, Partner and Co-Founder at Quantium. “Data security is a cornerstone of our company ethos, which is why we decided to pursue a SOC 2 Type II accreditation.
“We are proud to be recognized as industry-leading in privacy and security through our certification. We have successfully benchmarked our systems and data processing measures against the world’s most stringent security standards, so our clients can always be confident that their data is safe in our hands.”
The SOC 2 protocol assesses a business’s ability to manage customer data against its benchmarks for five trust service principles – security, privacy, confidentiality, processing integrity and availability – using criteria such as:
- Use of firewalls in applications/networks
- Intrusion detection
- Two-factor authentication
- Data encryption
- Access controls
- Processing monitoring
- Quality assurance
The official SOC audit report provides a thorough review of Quantium’s internal controls, policies, and processes. It also reviews Quantium’s processes relating to risk management and vendor due diligence, in addition to Quantium’s entire IT infrastructure, software development life cycle, change management, logical security, network security, physical & environmental security, and computer operations.
Quantium goes through regular audits to ensure we continue to be SOC 2-compliant.
As a technology provider to private markets firms ranging from early-stage VCs to high-profile enterprise level private equity firms, Quantium is a mission-critical custodian of our clients’ most sensitive, confidential data. We adhere to the highest industry standards for encryption, data storage, and authentication to ensure end-to-end data safety, making us the vendor of choice for fund managers and investors in the private markets.