Extensive independent audit validates Dealpath’s enterprise security controls for real estate investment management firms
Dealpath, the leading deal management platform for real estate investment firms, announced today that it has successfully earned the American Institute of Certified Public Accountants’ (AICPA’s) Service Organization Control 2 Type 1 (SOC 2) certification after completing an extensive independent audit process with third-party certified public accounting (CPA) firm. The certification affirms that Dealpath’s information security practices, policies, procedures and operations meet the SOC 2 standards for security, processing integrity and confidentiality.
Dealpath is a purpose-built, cloud-based software platform for real estate investment and development teams. The platform serves as a central hub for deal evaluation and execution by bringing together deal information, critical property data and transactional documents into a single, efficient workspace for deal execution.
As investment teams grow and leverage new solutions, it is critical to ensure that those systems are designed and implemented in accordance with the highest standards for data security, integrity and confidentiality.
This SOC 2 certification audit report confirms that the Dealpath platform has the necessary controls to meet the criteria set forth by the Trust Services Principles:
- Security — The platform is protected against unauthorized access
- Processing integrity — The platform’s processing is complete, valid, accurate, timely and authorized
- Confidentiality — Information designated as confidential is protected as committed or agreed
“By obtaining the SOC 2 certification, we continue our utmost commitment to security, processing integrity and confidentiality on the Dealpath platform,” said Kenter Wu, VP of engineering for Dealpath. “With this third-party report, our customers can rest assured that we hold a high standard for security and compliance and will have our highest level of commitment.”
Read the full press release here.