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STERCI’s Service Bureau passes FINMA and ISAE 3402 audits

Sterci’s Service Bureau (SSB), has just passed both the FINMA and ISAE 3402 audits, thereby complying with mandated standards and regulations and thus ensuring the highest level of service quality and data security for its clients. These recent successful audits bolster Sterci’s strategy to provide clients with a Software as a Service option that provides state of the art services for mission critical applications while ensuring full compliance with mandated regulations.

The Sterci Service Bureau provides a global platform for accessing Sterci’s GTSuite product portfolio on a highly secured technical “cloud” infrastructure designed for high volume and for the 24*7 critical business operations of multiple entities. The GTSuite portfolio provided by the bureau incorporates GTExchange for financial messaging, GTFrame for business flow integration, GTMatch for enterprise wide reconciliation and GTData for market data feed management. Access to the GTSuite portfolio via SSB enables customers reduce the costs and risks associated with their business flows while availing of value added services such as reporting and compliance control, without the onerous undertaking of an in-house solution. SSB guarantees complete client confidentiality by ensuring that customers have access to their own data only.

In addition to the successful completion of annual audits, Sterci is committed to remaining a step ahead in the service bureau market by consolidating customer confidence through the implementation of rigorous risk assessment, control monitoring and disaster recovery procedures.

FINMA audits organisations to ensure they comply with requisite laws and regulations while ISAE 3402 is an international assurance standard for reporting on service organisations’ controls.