Printed: Sep. 22, 2022 at 12:33 PM CDT|Up to date: 21 minutes in the past
JERSEY CITY, N.J., Sept. 22, 2022 /PRNewswire/ — Digital Prime Applied sciences, an progressive supplier of digital asset know-how options for monetary establishments, introduced right now it has undergone a System and Group Controls (SOC) examination. The ensuing SOC 2 Sort 1 report consists of an impartial analysis of the design and implementation of system safety and processing controls.
Digital Prime Applied sciences has ready the SOC 2 Sort 1 report to supply its purchasers that require detailed data and assurance concerning the controls carried out throughout the platform. The controls outlined within the report have been independently examined by Barr Advisory to fulfill the belief companies standards established by the American Institute of Licensed Public Accountants (AICPA).
“We have now constructed Digital Prime Options with sturdy, versatile performance to transact in digital belongings mixed with the danger administration, safety and processing controls our purchasers’ require, “said James Runnels, Co-Founder & CEO of Digital Prime Applied sciences. Mr. Runnels continued, “I’m enthusiastic about this accomplishment by the corporate, issuing our SOC 2 report offers our purchasers with the reassurance as they develop into the evolving digital asset market.”
The SOC 2 report issuance comes after the current appointment of Ms. Courtney Campbell to guide the agency’s lending options and capital increase with strategic traders Cowen, Inc and South Avenue Securities Holdings because the agency readies to launch with purchasers this 12 months.
About Digital Prime Applied sciences
Digital Prime Applied sciences permits its purchasers to rapidly and simply deploy a full suite of prime brokerage options. Whereas the digital belongings sector is difficult and evolving quickly, Digital Prime Applied sciences’ product suite permits conventional Wall Avenue corporations, in addition to different purchasers, to seamlessly enter the digital asset area with a strong and absolutely customizable prime companies suite suited to their enterprise and compliance wants. Shoppers of Digital Prime Applied sciences have the flexibility to completely customise all points of their prime providing for digital belongings together with custody supplier(s), threat administration, margin necessities, and liquidity companions. To study extra about Digital Prime Applied sciences, please go to our web site at www.digitalprimetechnologies.com
BARR Advisory is a cloud-based safety and compliance options supplier, specializing in cybersecurity consulting and compliance for corporations with high-value data in cloud environments like AWS, Microsoft Azure, and Google Cloud Platform. A trusted advisor to a number of the quickest rising cloud-based organizations across the globe, BARR simplifies compliance throughout a number of regulatory and buyer necessities in extremely regulated industries together with know-how, monetary companies, healthcare, and authorities.
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