Successfully Audited: SOC1 and SOC2 Update
Zenith American Solutions (Zenith) is proud to announce the successful completion of both the AICPA SOC1, Type 2, and SOC2, Type 2 audits. The completion of this rigorous assessment underscores our unwavering commitment to the highest standards of security and operational excellence.
As a trusted and preferred partner, Zenith undergoes both a SOC1 and SOC2 audit annually under SSAE 18, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting (AICPA, Attestation Standards, AT-C sec. 320), and the AICPA guide, Service Organizations Reporting on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting.
What is a SOC Audit?
System and Organization Controls (SOC) Audits provide an assessment of an organization’s internal controls. There are multiple types of SOC Audits available, the most common being SOC1 and SOC2.
SOC1, Type 2 Audit: This certification focuses on controls related to financial reporting, and our success in this audit demonstrates the effectiveness of our internal controls. Clients can rest assured that our financial processes are not only robust, but also operating at the highest standards of excellence.
SOC2, Type 2 Audit: The SOC2, Type 2 audit is a comprehensive evaluation of our security, availability, processing integrity, confidentiality, and privacy controls. This certification signifies our dedication to safeguarding your data, ensuring the utmost security and confidentiality.
Zenith American Solutions’ SOC Audit Key Achievements:
Our recent achievements have been centered around client satisfaction and the effectiveness of our controls. The completion of both audits is a testament to our commitment to excellence. Throughout the audit period, our team worked collaboratively to ensure every aspect of the process was executed seamlessly. The success of these audits would not have been possible without the contributions of every team member. We are grateful for their commitment to maintaining and improving our controls. These certifications solidify our status as a trusted partner, dedicated to transparency, security, and operational excellence.
Our organization's commitment to achieving and maintaining certifications is crucial to us and our clients. Here are three reasons why:
Enhanced Confidence: By adhering to the highest standards of data security, we can guarantee our clients' safety, thereby increasing their trust and confidence in us.
Competitive Advantage: In today's market, trust is pivotal. Our certifications give us a competitive edge, setting us apart as a reliable and secure service provider.
Ongoing Improvement: While these certifications validate our current practices, they also provide valuable insights for ongoing improvement, allowing us to continually enhance our services to meet our clients’ evolving needs.
At Zenith American Solutions, we are committed to providing unmatched service in fund administration and risk mitigation. We consistently strive for innovative technology and cybersecurity offerings. Stay in touch for more updates.
