Sep 15

PortfolioShop Completes 2021 SOC 1 Type 2 Audit

New York, September 15, 2021 – PortfolioShop, a leading software technology firm providing digital solutions to the investment management industry, today announced that it has completed their 2021 SOC 1 Type 2 audit.  SOC 1 Type 2 compliance verifies PortfolioShop control objectives and activities meet relevant principles, verified through an in-depth audit relevant to security, confidentiality, and availability. Standards outlined in report are developed from the American Institute of Certified Public Accountants (AICPA).

The audit, conducted by A-LIGN, evaluated and issued an opinion on the controls, procedures, and documentation around PortfolioShop’s security practices and examined the design suitability and operating effectiveness of applicable security controls in the platform and products.

“At PortfolioShop, information security is at the core of our operations as a handler of confidential client data. By voluntarily meeting the standards and industry benchmarks of the AICPA, this compliance underscores that PortfolioShop continues to maintain a culture that is dedicated to safeguarding customer data with processes and security controls that includes strict endpoint management, extensive employee security awareness training, and comprehensive vulnerability management.”

Eric Sontag, President, PortfolioShop

A copy of the 2021 SOC 1 Type 2 audit report is available to PortfolioShop’s customers and prospects under NDA upon request.

About PortfolioShop
PortfolioShop is the leading provider of advanced investment management technologies for asset managers, hedge funds, proprietary trading firms and sell-side trading desks. We are a cloud-based front-to-back-office technology provider delivering everything you need to run a trading and portfolio management front and back office. Our team builds innovative technology that fits our client’s workflow requirements through a feature-rich, intuitive user interface. We pride ourselves on having a strong focus on client support, rapid implementations and industry-leading innovation. Today, over 100 clients including single and multi-family offices, fund administrators, hedge funds and private equity firms worldwide with assets totaling more than U.S. $10 billion rely on PortfolioShop for accurate, timely information and flexible reporting.

Eric Sontag, President
Phone: 516-364-6800