Matrix Applications Completes SOC 1 & SOC 2 Type 2 for Trade...

New York, NY, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Matrix Applications, LLC ("Matrix") has successfully completed the 2024 System and Organization Control (SOC) 1 and SOC 2 Type 2 audits for its TradeBlazer Collateral Management System and Managed Services. The successful completion of these audits is a testament to Matrix's ongoing commitment to the highest degree of cybersecurity and data protection. The audits were conducted by Schellman & Company, a trusted provider of attestation compliance services. Developed by the American Institute of Certified Public Accountants (AICPA), the SOC information security standard is an audit report that assesses a company's internal controls and processes related to financial reporting (SOC 1) and information security, availability, processing integrity, confidentiality and privacy (SOC 2). Uday Kulkarni, Compliance Officer at Matrix Applications, co...