Beneficient Announces Successful Completion of SOC 2 and SOC 3 Certifications for its Online AltAccess Platform
DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced the successful completion of System and Organization Controls (“SOC”) certifications.
- DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced the successful completion of System and Organization Controls (“SOC”) certifications.
- SOC examinations cover Ben’s online AltAccess Platform for delivering liquidity and custody services directly to alternative asset investors and encompasses:
SOC 2 Type 1 including the Security, Availability and Processing Integrity categories as of August 31, 2022. - A SOC 3 report, a public facing report over the same scope as the SOC 2 Type 2 noted above.
- By utilizing our online AltAccess liquidity and custody platform, customers can achieve earlier liquidity sooner from their alternative assets in a simple, cost-effective manner.