First Rate meets rigorous international standards for implementing a framework to manage security programs and mitigate information security related risks for customers.
Arlington, TX – December 14, 2017 – First Rate, a leading provider of wealth management solutions, today announced it has received the ISO 27001 certification. The ISO 27001-2003 certification covers the implementation of a rigorous security program, which includes the development and ongoing maintenance of an Information Security System (ISMS), defining how First Rate continuously manages security in a holistic and comprehensive manner.
“While First Rate has achieved successful audit results under the AICPA’s SOC 2 criteria for over a decade, we’re proud to be able to add this independent certification under the international ISO 27001 standard to our list of achievements as a world-class application and hosting provider,” said First Rate Chief Compliance Officer Jay Anthony.
Implementing and aligning with ISO 27001 illustrates First Rate’s commitment to information security at every level of the organization. The certification is achieved by an independent third-party auditor validating alignment with the ISO 27001 standard. Compliance with these internationally-recognized standards and practices is evidence that the First Rate security program is comprehensive and in accordance with industry leading best practices.
“ISO 27001 requires continuous monitoring and improvement to retain the certification, thereby ensuring First Rate’s commitment to providing information security, availability, data integrity, and confidentiality,” said Anthony. “We are excited to continue providing secure, stable, and monitored environments and controls that provide an excellent experience for our clients.”