Hyarchis obtains SOC 2 Type 2 certification - Hyarchis
Untitled (1920 × 1080px) (1)
Opinion matters

Hyarchis obtains SOC 2 Type 2 certification

published 2023-02-10

Earlier this year, Hyarchis received the industry-standard SOC 2 Type 2 certification. SOC 2 is a compliance standard for service organizations and reports on controls related to security, confidentiality, and privacy of customer data.

“Companies use SOC certification to demonstrate to their customers that their data is secure,” says DevOps Manager Aurelijus Butkus. “For a company like Hyarchis, where we process data for millions of customers of financial institutions, this is, of course, indispensable.”

Hyarchis previously received Type 1 certification. This assesses the design of a compliance program and says something about compliance at one point in time. A Type 2 report tests not only the compliance program but also the effectiveness of the controls over a longer period of time. The results of the Type 2 audit at Hyarchis relate to a period of twelve months.

Hyarchis provides everything an organization needs to enable end-to-end KYC lifecycle management, from onboarding to continuous monitoring and remediation to financial service providers, while ensuring security and governance standards are met. “We show that our systems and processes are of the highest level over a long period of time,” says Aurelijus. “And if we can show that over the previous twelve months, our customers can also rest assured that we can maintain that level of quality going forward. “

Written by
One Step Ahead

More interesting posts

MEDIA thumbnail (2)
Hyarchis helps Akbank unlock digital banking opportunities by leveraging cloud technologies 

In today's economic landscape of digital transformation, best-case customer experience is critical to business success and customer-centricity...

Read more
Welcome to the team post (6)
Compliance – Why is it so important for accountants?

The accounting industry is under pressure, in part because of laws and regulations, which are constantly changing. So how do you...

Read more
Welcome to the team post (9)
The accountants of FSV talk about digitized onboarding's importance

In conversation with Auke Dirkmaat, Melvin Rademaker and Martijn van Haaften from FSV Accountants discuss the impact of digitization...

Read more

Want to learn more? Subscribe to our monthly newsletter and stay one step ahead!

Contact information

Please enter your first name
Please enter your last name
Please enter company name
Which solution you are interested in?
Industry you are operating in?
*Please select atleast one interest
Please enter the message
In order to send message you have to accept our terms and conditions
Please verify that you are a human