PALO ALTO, Calif., 12 Jan 2023 – SymphonyAI Sensa-NetReveal, a SymphonyAI vertical, today announced successful completion of its Type 1 SOC 2® audit, delivering to customers the highest standards in protection and solutions for its financial crime prevention, risk management, and fraud detection solutions for banking, financial markets, and insurance.
The SOC 2 audit was conducted by leading compliance assessor A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks.
“SymphonyAI Sensa-NetReveal is a trusted partner to leading financial institutions globally for regulatory compliance and combatting financial crime and fraud. Our robust, end-to-end solution set sets the standard for superior performance and advanced technology,” said Mike Foster, president and CEO of SymphonyAI Sensa-NetReveal. “Achieving and maintaining SOC 2 standards is yet another example of our commitment to providing our customers with leading solutions and protections.”
Established by the American Institute of Certified Public Accountants (AICPA), the SOC 2 audit is designed for organizations to ensure the personal assets of potential and existing customers are protected. SOC 2 reports are recognized globally and affirm that a company’s infrastructure, software, people, data, policies, procedures, and operations have been formally reviewed.
“A SOC 2 audit is a statement about an organization’s commitment to protecting critical information.” said Stephanie Oyler-Rankin, SOC practice lead at A-LIGN. “As a trusted third-party assessment firm, A-LIGN independently evaluates client data processes and procedures, governance on internal controls, and security posture. SymphonyAI Sensa-NetReveal’s SOC 2 report validates its commitment to data security and protection, as well as compliance with critical standards to mitigate cybersecurity threats.”
About SymphonyAI Sensa-NetReveal
SymphonyAI Sensa-NetReveal, part of the SymphonyAI finance vertical, provides financial crime, risk management, and fraud detection and prevention across banking, financial markets, and insurance via a single platform. The platform is adaptable to the evolving and heterogeneous nature of the financial services sector; to deliver power and flexibility in analytics, investigation, integration, security, and total cost of ownership reduction.
About SymphonyAI
SymphonyAI is building the leading enterprise AI company for digital transformation across the most critical and resilient growth verticals, including retail, consumer packaged goods, finance, manufacturing, media, and IT service management. SymphonyAI verticals have many leading enterprises as clients. Since its founding in 2017, SymphonyAI has grown rapidly to 3,000 talented leaders, data scientists, and other professionals. SymphonyAI is an SAIGroup company, backed by a $1 billion commitment from Dr. Romesh Wadhwani, a successful entrepreneur and philanthropist.
ABOUT A-LIGN
A-LIGN uniquely delivers a single-provider approach as a licensed SOC 1 and SOC 2 Assessor, accredited ISO 27001, ISO 27701 and ISO 22301 Certification Body, HITRUST CSF Assessor firm, accredited FedRAMP 3PAO, candidate CMMC C3PAO, and Qualified Security Assessor Company. A-LIGN ASSURANCE is a licensed certified public accounting firm registered as Price and Associates CPAs, LLC. A-LIGN may refer to the entities of both A-LIGN and A-LIGN ASSURANCE collectively as A-LIGN. For more information, visit www.A-LIGN.com.
