Amount was preparing to spin-off from an industry-leading digital lending company. This transition brought up some challenges, but also created a lot of opportunities.
With LogicGate’s help, the team at Amount successfully established their own robust processes, gathered evidence of controls, and attained Type 2, SOC 1, and 2 certifications. More importantly, Amount now had the ingredients it would need to thrive in the future:
◆ Independent control processes, infrastructure, facilities, network, and control owners
with a platform that would grow with the company
◆ Better control and ownership over audit timeline and processes to achieve audit maturity
◆ More time and resources by eliminating duplicate audit efforts and using automation
across different operational and security frameworks
◆ The ability to identify controls issues through continuous controls monitoring