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News

SpotOption Assures Global Standard

LIMASSOL, Cyprus, September 30, 2015

 

Leading binary options platform provider, SpotOption, was issued another certificate of reliability, ISAE 3402 for Europe, and SSAE for the United States

 

SpotOption announces their receiving of International Standard on Assurance Engagements (ISAE) No. 3402 and SSAE 16 certificates. As part of their ongoing effort to hold themselves to the highest standards of credibility, this certification process provides assurance internationally of the compliancy of their system. ISAE 3402 was issued in December 2009 by the International Auditing and Assurance Standards Board (IAASB), which is part of the International Federation of Accountants (IFAC). Their American counterpart, Statement on Standards for Attestation Engagements (SSAE) No. 16, was finalized by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA) in January 2010.

 

SpotOption is a technology provider, and works together with CySEC licensed binary options market maker, SpotOption Exchange to provide the complete business solution to online binary brokers.  As more and more regulators globally have started licensing the industry, technology providers should aim to comply their system with international standards, and should provide proof of the effectivity of their information security.  SpotOption is staying at the forefront with obtaining all possible credentials, and henceforth protecting the industry, operators, and traders alike.

 

“ISAE 3402 and SSAE 16 is the leading international standard for Independent Attestation of Compliance,” says Amir Vaknin, CTO of SpotOption. “This is why it was important for us to receive this credential, and we will continue doing our utmost to ensure the reliability and integrity of our platform and system.”

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