WealthBlock Completes SOC 2 Type 1 Audit
Middletown, DE – Dec. 10, 2024: WealthBlock, the platform that streamlines capital raising, investment marketing and investor management for global asset managers, today announced that it has completed its SOC 2 Type 1 audit and received a SOC 2 attestation report. This latest validation demonstrates WealthBlock’s commitment to data privacy and security as it empowers asset managers to enhance capital raising, meet evolving compliance requirements and focus on generating returns for their clients.
The SOC 2 Type 1 audit was conducted by A-LIGN, a leading provider in cybersecurity compliance. The audit provides an independent, third-party validation that WealthBlock’s information security practices meet industry standards stipulated by the American Institute of Certified Public Accountants (AICPA) to ensures the personal assets of its potential and existing customers are protected. SOC 2 reports are recognized globally and affirm that a company’s infrastructure, software, people, data, policies, procedures and operations have been formally reviewed.
“Preserving the trust of our clients, protecting their sensitive data and ensuring the integrity of our platform are at the core of everything we do at WealthBlock,” said Trilliam Jeong, CEO of WealthBlock.
“This SOC 2 Type 1 compliance gives WealthBlock’s clients an additional layer of assurance that we will maintain the highest levels of security and reliability as we help global asset managers automate and error-proof the entire onboarding, marketing, and reporting processes and focus on their core mission of raising capital and generating returns for their customers.”
The SOC 2 Type 1 audit tested WealthBlock’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy. The SOC 2 report delivered by A-LIGN verifies the suitability of the design of WealthBlock’s controls to meet the standards for these criteria.
“Congratulations to WealthBlock for completing their SOC 2 audit, a widely recognized signal of trust and security," said Steve Simmons, COO of A-LIGN. "It's great to work with organizations like WealthBlock who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report.
About WealthBlock
WealthBlock is redefining the investor onboarding experience in alternative and private markets, designed specifically to empower GPs to work smarter and scale faster. With marketing-focused data rooms, custom reporting, and a hyper-flexible platform that seamlessly integrates with any system or adds tailored features, we help simplify even the most complex workflows.
At our core, we focus on connecting LPs and GPs seamlessly, making WealthBlock the go-to solution for GPs who engage with diverse investor bases including wealth managers, HNWIs, family offices, and broker-dealers. Trusted by over 140 clients globally, WealthBlock has facilitated more than $3 billion in capital raises, giving GPs the tools to scale efficiently and deliver a superior investor experience. See how WealthBlock can revolutionize your investment process at http://www.WealthBlock.ai
ABOUT A-LIGN
A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and a leading HITRUST and FedRAMP assessor. To learn more, visit a-lign.com.
Contact
Articulate Communications for WealthBlock
WealthBlock@articulatecomms.com
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