May 26, 2024

Tricia Oak

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Candor Technological innovation Announces SOC 2 Sort 2 Certification | Enterprise

ATLANTA–(Company WIRE)–Feb 3, 2022–

Candor Technological know-how has kicked off 2022 by demonstrating its safety and availability, as the Financial loan Engineering Method acquired its SOC 2 Form 2 certification.

The SOC 2 Kind 2 report is the most comprehensive certification inside of Techniques and Firm Manage (SOC). The extensive analysis and examination reveal Candor’s techniques and controls to continue to keep sensitive information risk-free and protected.

SOC 2 trust types include safety against attacks, processing integrity, information confidentiality, private data privacy, and company availability.

“Obtaining the SOC 2 Certification reinforces Candor Technology’s steadfast motivation to the protection, availability, and integrity of the Mortgage Engineering Technique,” commented Oliver Vagner, Candor Technology’s CTO. “Our customers can really feel self-assured that we make each and every effort to build and preserve exceptional safety protocols, protection standards, firewalls, and assist.”

The certification was done by an unbiased services auditor. The auditor’s report presents reasonable assurance that Candor Technology’s controls are properly made, and that provider commitments and process necessities are obtained based on the believe in services standards relevant to Stability (relevant trust services standards) established forth in TSP 100, 2017 Believe in Solutions Criteria for Security, Availability, Processing Integrity, Confidentiality, and Privacy (AICPA, Trust Expert services Requirements).

ABOUT CANDOR Technological innovation

Candor Technology’s Financial loan Engineering Method is in a group all its own: Mortgage loan Decision Sciences Engineering. The initial of its variety device automates the costliest part of origination: the credit history & data risk assessment conducted by underwriters. With the ability to automate the intellect and judgment expected to make underwriting selections, loan companies can regularly originate significant high quality, significant margin mortgage loans. With Candor, loan providers get the velocity to scale to satisfy any current market cycle need with no transform in personnel. Calculate Candor ROI below.

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Key phrase: UNITED STATES NORTH The united states Georgia

Field Key word: Skilled Companies Facts Administration Safety Technological innovation OTHER Technological know-how Program FINANCE

Resource: Candor Engineering

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PUB: 02/03/2022 08:00 AM/DISC: 02/03/2022 08:02 AM

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