Payment Transactions Process and Controls audit and assurance report – no exceptions reported
In October 2018, Vitesse were delighted to attain a ’no exceptions reported’ SOC 1 report. Grant Thornton were appointed to independently evaluate Vitesse’s processes & controls, producing an Independent Service Auditor’s Assurance Report – SOC 1 ISAE 3402 Type 1, clearly reinforcing our capacity, scope and controls to continue growing our partnership with the Insurance industry.
Phil McGriskin, Vitesse CEO, commented: “Being an integral component of the Insurance industry funds flow we fully recognise the responsibility we have in holding your funds and acknowledge the trust that this represents…….This report details the stringent controls we have in place to ensure the security and control of the funds placed with Vitesse.”
This ‘no-stone-unturned’ process covered diverse control areas such as:
- Industry Technology
- Instruction Receipt
- Processing
- Implementation
- Reconciliation
- Support
If you would like a copy of the report emailed to you please fill out the form below and put “SOC 1 Report” in the subject field.
