Charles River, a front- and middle-office investment management solution provider, today announced that its SaaS-based solution is now ISO 27001 security certified globally for Cloud-Based Application Management, Compliance Advisory Services and the Charles River FIX Network. Published by the International Standardization Organization (ISO), the certification is only awarded to companies that have continually demonstrated a high level of information security management and the ability to protect customer data.
"ISO 27001 certification affirms that Charles River provides the necessary controls, technologies and procedures to handle mission-critical information for our SaaS clients," said Peter K. Lambertus, President and CEO, Charles River. "The marketplace is demanding increased validation that third-party partners are secure. The global ISO 27001 certification provides assurance to our clients that Charles River's cloud-based services can securely process and protect their most sensitive data and information."
To achieve ISO 27001 certification, Charles River underwent a rigorous assessment of its information security management systems, including its policies, procedures, risk management and operating controls.