SOC 2 Type 2 Preparation & Certification for SaaS Fintech Startup

Our customer developed multiple SaaS Fintech platforms being used by financial institutions around the United States. As their business scaled over the years, they were approved by larger financial institutions that required compliance certifications from them in order to conduct business. Our customer needed to achieve SOC 2 Type 2 compliance in order to close larger deals and expand into more markets.  

Due to growth of people, technology, and processes as they grew, there were even more challenges in preparing them for a SOC 2 Type 2 audit.

• Implementing corporate security policies when none previously existed 
• Aligning the entire organization to a different method of operation 
• Training all employees
• Increasing security for cloud infrastructure environments which consisted of over 400 components 
• Increasing security of applications 
• Increasing security of mobile devices and remote worker technology 
• Implementing compliance automation and related integrations 

Many new processes needed to be introduced for managing product infrastructure, personnel, vendors, data storage, digital security, product changes, and software codebase maintenance and operation. 

Varyence led the entire certification effort, engaging all necessary internal and external resources.

Our client successfully passed their SOC 2 Type 2 Audit in 2023 and we continue helping them maintain audit readiness for annual audit reviews. 

Achieved SOC 2 Type 2 compliance for Fintech customer for his entire organization and all SaaS product lines.

• Lead all risk management & compliance efforts 
• Represent organization as CISO (Chief Information Security Officer) 
• Define a compliance roadmap to execute against 
• Prepare, implement, and enforce all SOC 2 compliance policies
• Reduce manual effort for compliance effort as much as possible 
• Secure entire ecosystem from user laptops to email to cloud infrastructure 
• Find, select and coordinate all efforts with external auditors

We utilize industry best practices & leverage our global delivery capabilities to ensure successful business outcomes for our customers.

Led all efforts for Fintech SaaS startup to achieve SOC 2 Type 2 Compliance.

Varyence provided all services including:

• Align over 200 compliance requirements for their cloud infrastructure that consists of 400+ components 
• Customized and implemented all organizational security policies. Collaborated with all internal stakeholders to finalize versions
• Configured and secured all cloud infrastructure to be compliant 
• Fine-tuned all SaaS products within platform ecosystem to be compliant 
• Implement MDM (mobile device management) and IAM (Identity Access Management) 
• Hired and led all efforts with external auditor to pass SOC 2 audit 
• Implemented Secureframe Automation platform and integrated it into all necessary areas

• Reduced due diligence process with large clients by around 80% 
• Enabled customer to close larger profitable deals 
• Helped simplify sales and account management process  
• Enabled business to pursue new business initiatives, that previously were not possible without SOC 2 Type 2 Compliance 

Varyence can help you drive growth, transform your business, and reduce risk.

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