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360 Advanced Supports Finery Markets in Completing SOC 2 Type 2 Examination, Reinforcing Commitment to Security and Trust


News provided by

360 Advanced

Feb 06, 2025, 11:14 ET

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ROAD TOWN, British Virgin Islands, Feb. 6, 2025 /PRNewswire/ -- Finery Markets, a leading non-custodial crypto Electronic Communication Network (ECN) and provider of institutional trading solutions, has successfully completed its SOC 2 Type 2 examination. This milestone demonstrates the company's dedication to maintaining robust security protocols and safeguarding client data in an evolving digital asset ecosystem.

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Finery Markets & 360 Advanced
Finery Markets & 360 Advanced

Finery Markets serves institutional clients across over 35 countries, offering a hybrid trading platform that seamlessly integrates aggregated order books and RFQ functionality. Completing the SOC 2 Type 2 examination highlights the company's efforts to align its operations with the rigorous standards established in traditional financial markets, ensuring its clients receive institutional-grade security and reliability.

"Our SOC 2 Type 2 examination is a pivotal moment in our journey to enhance trust and credibility among clients and market participants," said Ilia Drozdov, CEO and co-founder of Finery Markets. "It reflects our mission to provide innovative, institutional-grade trading services within the crypto space while adhering to the highest security standards. This achievement reinforces the trust our clients place in us and underscores the reliability of the trading infrastructure we've built."

This examination follows Finery Markets' earlier completion of the SOC 2 Type 1 examination in March 2024, both conducted with the support of 360 Advanced. By building on this foundation, the company has further validated its policies, procedures, and systems through extensive third-party evaluation.

"At Finery Markets, we're committed to not compromising quality while remaining innovative and flexible. Achieving our SOC 2 Type 2 examination reflects months of rigorous evaluation of our policies, procedures, and systems," added Ilya Drozdov, co-founder of Finery Markets. "We believe such diligence is necessary to prove that, despite our startup mindset and inventive culture, we can provide peace of mind to our growing network of institutional alliances."

The SOC 2 Type 2 examination highlights Finery Markets' proactive approach to security, setting it apart in the digital asset space. As the first crypto ECN to complete both SOC 2 Type 1 and Type 2 examinations, Finery Markets solidifies its leadership position, offering clients the assurance of institutional-grade safeguards and practices.

About Finery Markets
Finery Markets, the premier non-custodial crypto ECN, provides cutting-edge trading infrastructure for institutional players in over 35 countries. The company offers the first hybrid, crypto-native ECN, enabling trading through an aggregated order book or RFQ. Since its launch in 2019, Finery Markets has been growing its ecosystem, serving 150+ digital asset clients, including payment providers, brokers, OTC desks, hedge funds, and custodians. Finery Markets enhances capital efficiency, ensures optimal execution, assists in risk management, and simplifies settlement processes. In 2024, Finery Markets was selected as one of the top 50 rising stars in the Deloitte Technology Fast 50 competition.

About 360 Advanced
360 Advanced is Making Better Businesses through their client-centric cybersecurity and compliance offerings. For nearly 20 years, 360 Advanced has delivered integrated compliance solutions to a global base of clients in a wide range of industries, from tech startups to the Fortune 500. Their cybersecurity and compliance offerings include ISO 27001, HITRUST, SOC, Penetration Testing, Risk Assessments, and more. To learn more about their services, visit 360 Advanced.

For more information on cybersecurity or compliance solutions, please contact Matt McNulty at: info@360advanced.com.

Media Contact:
Keith Frechette
Director of Marketing
marketing@360advanced.com

SOURCE 360 Advanced

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