OSL , the licensed digital asset trading platform under OSL Group (863.HK), announced today that it has successfully completed its SOC 2 Type 2 report for the second consecutive year, covering the companys custody, automated trading services (ATS) and software as a service (SaaS) business areas.
In line with industry best practices, OSL has extended the observation period of the SOC 2 Type 2 report to 12 months to more comprehensively and strategically assess the management controls and effectiveness of data security, highlighting OSLs firm commitment to transparency, compliance and data security protection.
OSLs SOC 2 Type 2 certification, audited by the Big Four accounting firms, demonstrates high standards of security, availability and confidentiality for its hosting, ATS and SaaS solutions, an important assurance for clients who require third-party verification to complete due diligence and compliance requirements.
OSL CEO Song Cui said: Protecting and maintaining data security is of vital importance to the digital asset industry. We have been working tirelessly and investing a lot of resources in promoting secure operations and regulatory compliance, and maintaining SOC 2 Type 2 certification is a key part of this. Our ultimate goal is to continue to lead and improve the security and compliance standards of the digital asset industry.
SOC 2 is the abbreviation of System and Organization Control 2. It establishes a series of information security management and assurance rules and standard frameworks that organizations must follow. It is an authoritative verification report that is particularly important for institutional clients such as banks and auditing firms.
About OSL
OSL Group (863.HK, formerly known as BC Technology Group) is Asia’s leading fintech and digital asset listed company. Its platform is the world’s first digital asset platform licensed and insured by the Hong Kong Securities and Futures Commission. Founded in 2018, the company has a long history in the field and is widely recognized for its comprehensive and regulated digital asset solutions.
OSL provides market services (brokerage, exchange and custody) and software-as-a-service (SaaS) technology solutions, providing global liquidity to institutional, professional and retail investors with the top digital asset platform trading platform. OSLs secure and insured wallet ensures safe storage of digital assets and efficient transaction settlement.
As the digital asset industry continues to grow, the company is also evolving. OSL’s simple and tailored services ensure that global clients receive compliant services in the evolving digital asset environment.
