Voly Enhances Data Security with a Robust Management Standard

Yachting and multi-asset industry’s leading accounting software provider Voly have announced that they have recently enhanced data security by achieving certification in the internationally recognised ISO 27001 Management Standard.

Information security and financial fraud are one of the biggest challenges fintech businesses face.

This indicates, that as a multi-asset fintech business, Voly is treating data security very seriously. For the past few months, Voly I.T & Development team have been working closely with the independent assessor ISO Quality Services Limited to enhance their systems and processes with the robust management standard.

ISOQSL specialise in auditing organisations information security systems to ensure they’re operating to a level that is aligned with information security best practise. The certification demonstrates that Voly have implemented management controls to protect Information Security within its business. ISO 27001 is the only auditable international standard certification, it means an organisation have policies, procedures, processes and systems that manage information risks, such as cyber-attacks, hacks, data leaks or theft.

Achieving this is big news for Voly clients, it provides the added reassurance that their financial data is safe and secure while using the Voly platform.

Voly Founder and CEO Ian Flanagan said: “It’s vital that our clients have a user experience and a level of data security that’s unparalleled. I’m pleased to say we’ve done this and taken big steps to ensure the Voly Platform is protected from financial fraud. I am also delighted with the work our I.T and Development team have achieved. We won’t stop there; this is an ongoing process as we continue to deliver our multi-currency yacht and asset accounting platform to some of the largest asset management clients in the world.”

Lead Assessor, Dan Pemberton comments: “Supporting Voly through the implementation of their ISO 27001 information security management system, has been a pleasure. The team have demonstrated a high level of leadership and commitment, which is essential for underpinning the fundamentals of the management system. They have worked tirelessly to ensure all areas have been implemented, with no stone unturned. The organisation should be proud of what they have achieved so far in their ISO journey, really buying in and adopting the spirit of the standard which is to protect and maintain the confidentiality, integrity and availability of data and information.”

Voly Chief Technology Officer, Rob Shanks added: “I am extremely pleased with the company achieving ISO 27001 certification. We know the Voly platform is extremely safe, with security and fraud prevention protocols as standard, including a fully encrypted platform with 2-factor authentication.  However, achieving ISO 27001 certification ensures that there are management systems, processes, checks and balances in place to protect information security.  By opening our processes and systems to external auditors we are demonstrating our transparency and commitment to providing the safest and most secure multi-asset accounting and payment platform possible.”