SteelEye, a compliance technology and data analytics firm, has achieved System and Organisation Controls (SOC) 2 compliance.

SOC 2 is a gold standard in the financial industry that assesses firms’ safeguarding of customer data. Defined by the American Institute of CPAs (AICPA), it covers the principles of Security, Availability, Confidentiality, Processing Integrity and Privacy.

The SOC 2 accreditation follows a record year of growth for SteelEye, where the company saw revenues grow by 88 per cent in 2021. The firm – which is headquartered in the UK – expanded into the US last year, appointing RegTech veteran Brian Lynch to lead its North American operations. 

Founded in 2017, SteelEye today has over 120 institutional clients worldwide with offices in London, New York, Paris, Bengaluru, and Braga.