RyanEyes Earns SOC 2, Type 2 Certification
New York, NY ‒ May 5th, 2022 ‒ RyanEyes, a leading provider of custom software solutions and consulting for the financial services and asset management industries today announced that it has successfully completed its Service Organization Control (SOC) 2 Type 2 examination. The examination was conducted by Citrin Cooperman, one of the nation’s largest professional services firms. The examination verifies the suitability of the design and operating effectiveness of RyanEyes’ controls as described in the SOC report throughout the examination period, providing reasonable assurance that its service commitments and system requirements were achieved based on the trust services criteria relevant to Security, Availability, and Processing Integrity (“applicable trust services criteria”) set forth in TSP 100, 2017 Trust Services Criteria for Security, Availability, Processing Integrity, Confidentiality, and Privacy (“Trust Services Criteria”).
As companies increasingly use outside vendors to perform activities that are core to their business operations and strategy, there is a need for more trust and transparency in SaaS or cloud service providers’ operations, processes, and results.
“Obtaining the SOC 2, Type 2 certification reinforces RyanEyes ongoing commitment to the security, availability, and processing integrity of the RyanEyes platform,” said Ted Ryan, Founder and Managing Member at RyanEyes. “Our customers can feel confident that we are making every investment to establish and maintain the highest level of security and compliance.”
In addition to SOC 2 compliance, RyanEyes is making a number of enhancements to its infrastructure by adding additional layers of redundancy and increasing monitoring coverage of its platform.
Additional information about Citrin Cooperman is available at citrincooperman.com.
About RyanEyes, Inc.
RyanEyes software and consulting services are geared to automate manual processes like searching through emails, trade information, and portfolio holdings to verify compliance obligations. RyanEyes has the capability to create checklists and schedule tasks within workflows that our asset manager customer performs. The software integrates with big data and business intelligence (BI) solutions to convert complex data into understandable, interactive graphical insights. RyanEyes integrates with our customer’s accounting systems to provide up-to-date risk and exposure reporting.
The advantage to our clients is that by removing painstaking, time-consuming tasks of collecting data across disparate systems, assessing, and verifying the information, compiling reports, and setting up checklists and alerts. They are empowered by our solutions to eliminate errors and delays, thus reducing costs, and increasing staff productivity and engagement.
The real value is that Ryan Eyes provides the comprehensive visibility and automation that asset management and investment firms need to meet complex compliance, accounting, risk management, and trading requirements so that they can perform brilliantly for their investors.