OrBit Markets Achieves SOC 2 Type II Attestation

SINGAPORE--(BUSINESS WIRE)--OrBit Markets, the leading institutional liquidity provider in digital asset options and structured derivatives, announced today that it has successfully achieved the SOC 2 Type II attestation.

SOC 2 Type II is a widely recognized auditing standard developed by the American Institute of CPAs (AICPA) that evaluates the design and effectiveness of an organisation's controls related to security, availability, processing integrity, confidentiality, and privacy. This attestation serves as a validation that OrBit Markets provides enterprise-wise security across its systems and demonstrates its commitment to industry-leading standards of security, privacy, and operational excellence.

During the rigorous audit process, the company underwent a comprehensive evaluation by Prescient Assurance, a leader in security and compliance attestation. The examination scrutinised internal controls, policies, and procedures across all relevant areas of the company’s operations.

"We are thrilled to have achieved the SOC 2 Type II attestation, which reflects our ongoing commitment to maintain institutional-grade security and privacy standards," said Tianjiao Sun, CTO at OrBit Markets. "This achievement is a testament to our dedication to our clients, partners, and the digital assets industry at large. We understand the critical importance of safeguarding sensitive information, and this attestation reaffirms our ability to do so effectively."

OrBit Markets received ISO 27001 and 27701 certifications in March this year. Obtaining SOC 2 Type II compliance provides further assurance that the company has met the highest level of security throughout its operations. This independent validation positions the company as a trusted partner for institutions seeking uncompromising data protection in the digital assets industry.

About OrBit Markets:
OrBit Markets is the leading institutional liquidity provider of digital asset options and structured derivatives. Founded by a team of former executives in finance and technology, OrBit combines its expert know-how in financial derivatives with the latest blockchain technology. With a mission to develop innovative investment and hedging solutions for digital assets, OrBit Markets offers a wide range of products, including vanilla options, exotic options, and structured derivatives across major and alternative cryptocurrencies. Its services encompass structuring, trading, and market making. For more information, visit orbitmarkets.io.

Contacts

Media for OrBit:
Zhiming Yang
jimmy@orbitmarkets.io

First published on Fri, May 26, 2023

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