VerifyVASP Completes SOC 2 Assessment

We are pleased to announce that we have successfully completed our SOC 2 Type 1 audit. SOC 2 or Systems and Organisations Controls is a suite of compliance standards defined by the American Institute of Certified Public Accountants (AICPA) that assesses a service organisation’s controls around security, availability, processing integrity, confidentiality or privacy. This reiterates VerifyVASP’s commitment to ensuring industry best practices and standards are embedded in all that we do.

A successful audit demonstrates the policies and procedures we have in place to ensure that this critical industry infrastructure we provide is independently audited against the best practices and standards. We remain committed to conducting periodic independent audits and where possible transparently share audit reports with our clients.

Our solutions have been road-tested and proven to scale with reliability, security and stability. We are architected to the strictest data protection and policy requirements. We have facilitated in excess of 2.2 million transfers representing over US$50B in asset values positioning ourselves as a global leader in Travel Rule solutions. We appreciate the trust our members have placed in us and will remain committed to ensuring our solutions are trusted.