NES Financial successfully completed its annual examination of SOC 1 Type 2 compliance testing. As part of NES Financial’s commitment to minimize risk and maximize success for its clients, every year for the past 12 years, the company has voluntarily undergone rigorous third-party compliance examinations of its technologies, procedures, and control objectives.
Formerly known as SAS 70 and SSAE 16, the SOC 1 Type 2 examination is a recognized compliance and controls standard from AICPA and is used by leading banks and service providers across the financial industry. The NES Financial examination includes controls over technology, information, financial processes, security, and other protected data. Conducted by one of the leading CPA firms in the country, the examination reviews the design of controls and operating effectiveness of the identified key control areas of NES Financial.
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