Funds-Axis, a provider of investment compliance, risk and regulatory reporting solutions to the global investment management industry, has been awarded ISO 9001:2015 and ISO/IEC 27001:2013 certification. This certification reflects Funds-Axis long-term commitment to quality management principles and protecting data on behalf of the company and its customers.
ISO 9001:2015 is the internationally recognized standard for creating, implementing and maintaining a Quality Management System (QMS) based on seven quality management principles. This standard provides the basis for implementing effective processes and systems related to these principles, increasing efficiency and effectiveness time after time.
ISO 27001:2013 is one of the most widely recognized and internationally accepted information security standards. It uses a risk-based approach that identifies requirements and specifications for a comprehensive Information Security Management System (ISMS). The standard defines how organizations should manage information securely, including applicable security controls.
To achieve this certification, an independent certification body validated Funds-Axis’ quality, processes and security compliance. During this process, Funds-Axis demonstrated an ongoing systematic approach to managing and protecting company and customer data. The audit process for ISO 9001 covered areas such as customer focus, leadership, engagement of people, process approach, improvement, evidence-based decision making and relationship management. The audit process for ISO 27001 covered risk management procedures, threat mitigation, loss prevention, access control, physical security, and security practices.
Commenting on achieving this certification, Darren Burrows CEO said:
“We are building our company based on auditable processes associated with risk management and data security and as part of this we have formalized our quality management process and our data security processes. By pursuing and achieving the stringent ISO 9001 and 27001 certification, we are demonstrating our commitment to customer focus, quality, efficiency, mitigating risk and keeping sensitive data secure and protected”.
About Funds-Axis Limited
Funds-Axis are a RegTech company combining regulatory expertise and best-of-breed technology. We support a global range of investment managers, administrators and custodian/depositary banks. We take the complex challenges of investment compliance, risk and regulatory reporting and make them very simple. Our technology ensures instant compliance through plug and play modules, pre-configured rule libraries and integrations with a wide range of fund administrators, prime brokers and market data vendors.