cTrader (Spotware) Completes ISAE 3402 Type I Audit

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• Publié par: spotware-systems-ltd
• Nombre de lectures: 11
• Langue: English

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cTrader (Spotware) Completes ISAE 3402 Type

I Audit

PR Newswire

LONDON, June 22, 2012

LONDON

,

June 22, 2012

/PRNewswire/ --

London

based financial technology company, cTrader (also known as Spotware)

has announced that it has received a final report on its ISAE 3402 Type I audit,

the best-practice standards report or assurance reporting on controls at a

service organization.

With an unerring focus on safety and quality assurance, cTrader has completed

an audit of its controls, putting in place mature internal controls and measures

to further enhance its position as the leader in robust FX STP solutions.

Andrey Pavlov, CEO cTrader Ltd, said "We're delighted to have achieved this

recognition of the highest-standard controls we implement to safeguard our

clients' data for the range of Spotware products. This serves to further

strengthen our reputation for secure operational practice, and is another

example of cTrader's commitment to respect the trust placed in us by our

clients."

The ISAE (formerly SAS 70) Type I report is granted to companies who

demonstrate a level of "reasonable assurance" over the control integrity of the

processing environment and embeds a strong control culture.

The report describes and formalizes the permanent control processes, their

objectives and the procedures used when processing operations. Achieved

under the guidance of Deloitte, ISAE 3402 Type I also offers an opinion that

system controls are suitably designed and implemented.

Notes to Media

About Spotware Systems Ltd

Spotware Systems is a

London

based neutral financial technology provider

focusing on e-FX STP solutions, offering comprehensive solutions for brokers,

banks and their clients.

Spotware cTrader's team of over 60 highly qualified financial and technology

experts provide an easily integrated PaaS (Platform as a Service) solution to

broker-dealers, banks, and other financial services firms looking to implement

and offer manual and algorithmic NDD eFX trading and a complete back-end

management system.

For further information, please contact:

Brian Martin

cTrader Ltd

Tel: [phone]

Email: [e-mail]