Regnology, a software program supplier with a give attention to regulatory reporting options, introduced that its Rcloud platform has accomplished the System and Group Controls 2 Sort II (SOC 2) certification from the American Institute of Licensed Public Accountants (AICPA).
This transfer underscores Regnology’s dedication “to safety compliance and defending its shoppers, who can belief that Regnology has taken all obligatory measures to make sure the protection, safety, and privateness of their knowledge and different info.”
Whereas the SOC2/ISAE3000 Sort 2 report, additionally “applies to Regnology’s managed providers, it’s notably necessary for its Rcloud platform, which was launched in partnership with Google Cloud in 2022.”
Rcloud gives augmented regulatory reporting options “leveraging the ability of Google Cloud’s infrastructure that may seamlessly adapt to evolving regulatory environments. With over 200 banks from 20 international locations at the moment subscribed to the platform, this certification is important.”
Antoine Moreau, Chief information Officer at Regnology mentioned:
“At Regnology, our shoppers have and can all the time be a high precedence. We’re delighted to have accomplished the SOC 2/ISAE 3000 certification, and can stay steadfast dedicated to designing and delivering probably the most sturdy and safe environments. As we proceed to increase into new areas, North America and APAC particularly, this certification is indicative of the measures we’ve taken to guard Regnology’s and our shoppers’ knowledge and abide by probably the most demanding international requirements.”
The SOC 2 Sort 2 certification demonstrates “the working effectiveness of the safety controls of the Rcloud infrastructure.”
The complete scope of certifications obtained in 2024 additionally “consists of SOC 1/ISAE3402 Sort 2 Report for Software program Growth and Managed Providers, and CSA STAR.”
They complement the ISO certification achieved in 2022 “validating the corporate’s compliance to the best requirements of the design of controls.”
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late final yr, Regnology, a software program supplier with a give attention to regulatory reporting options, introduced a collaboration with Moody’s Analytics, bringing collectively two established market members with the intention of “offering a full end-to-end threat and regulatory reporting resolution in choose international markets.”
Because the regulatory panorama continues “to evolve and alter, this collaboration will allow Regnology and Moody’s, the worldwide built-in threat evaluation supplier, to mix their specialised regulatory reporting protection and provide a best-in-class resolution overlaying in-depth regulatory necessities throughout the monetary markets.”
This holistic resolution will “mix knowledge modeling, best-in-class calculation capabilities, in depth threat protection and superior analytics to realize regulatory reporting excellence and efficiencies.”
