IMP Partners, LLC Successfully Completes Type 1 SOC 2 Examination With an Unqualified Opinion
IMP Partners, LLC Reports on Security Standards Established by The American Institute of Certified Public Accountants (AICPA) for its Implementation Management Services
November 12, 2024 08:00 AM Eastern Standard Time
BOSTON--(BUSINESS WIRE)--IMP Partners, LLC (IMP) today announced that it has successfully completed a Type 1 System and Organization Controls 2 (SOC 2) examination for its Implementation Management Services including CLEAR Framework™ and CLEAR Compliance® as of September 30, 2024. The examination conducted by AssurancePoint, LLC found that IMP achieved its service commitments and system requirements as measured by the SOC 2 criteria for Security. The examination concluded in an unqualified (clean) opinion.
““We’re pleased to be able to report an excellent result for SOC 2 as part of our ongoing commitment to providing Investment Management clients with tech-enabled solutions for compliance management and support of trading and investment systems””
SOC 2 reports are attestation reports that examine controls at a service organization relevant to the security, availability, or processing integrity of a system (security, availability, and/or processing integrity categories) or the confidentiality or privacy of the information processed for the user entities (confidentiality or privacy categories). Our SOC 2 report provides users of our services with information regarding the design of our internal controls relevant to the selected SOC 2 criteria. The information presented has been examined by an independent CPA firm.
“We’re pleased to be able to report an excellent result for SOC 2 as part of our ongoing commitment to providing Investment Management clients with tech-enabled solutions for compliance management and support of trading and investment systems,” said Jane Stabile, President of IMP.
The successful completion of the SOC 2 examination is an example of IMP’s commitment to the security of its customer’s data. IMP intends to continually execute and improve upon its internal controls and to provide consistent assurance to its customers via an annual SOC 2 report.
About IMP Partners, LLC
IMP is a fintech and regtech consulting firm located in the financial district of Boston, Massachusetts that provides support, and expertise for trading and compliance solutions to buy-side investment managers. IMP works with asset managers on their OMS management, including portfolio management, trading, compliance, risk, and middle/back office systems.
IMP services include system selection, conversions, upgrades, support and custom extensions for trade order management systems. IMP implements and manages project, trading, and compliance requirements for its customers through its innovative and patented, CLEAR Compliance® and CLEAR Framework® platform.
For more information visit https://www.businesswire.com/news/home/20241112721791/en/IMP-Partners-LLC-Successfully-Completes-Type-1-SOC-2-Examination-With-an-Unqualified-Opinion.
