Finery
Markets received ISO/IEC 27001:2022 certification from Swiss Approval,
adding another compliance credential to a resume that
already includes two SOC 2 examinations completed earlier this year.
Finery Markets Secures ISO
Security Certification
The ISO
certification covers the company’s information security management
system, focusing on data protection protocols for its
electronic communication network that serves
institutional crypto traders.
Swiss
Approval, accredited through the International Accreditation
Service, conducted the audit with organizational support from
Baltum Bureau.
“This
third-party validation proves our dedication to maintaining
institutional-grade standards, especially in security,” said
Konstantin Shulga, CEO and co-founder at Finery Markets.
“Our partners see concrete evidence of our
security posture, backed by a proven track record of
reliable performance.”
Earlier
this month, Singapore-headquartered fintech technology provider FYNXT
also obtained the same ISO certification.
Compliance
Push Reflects Market Pressure
The
certification adds to credentials Finery Markets obtained in early
2025, when it completed
SOC 2 Type 1 and Type 2 examinations, becoming what the company
claims is the first crypto-native ECN provider to achieve
those benchmarks.
Traditional financial
institutions increasingly demand that digital asset platforms meet
security standards comparable to conventional markets.
Finery
Markets operates a non-custodial trading network that allows
institutional clients to trade digital assets through order books,
request-for-quote systems, or quote streams. The company launched
in 2019 and now services more than 150 clients across 41
countries, including payment providers, hedge funds, and
over-the-counter desks.
Two weeks
ago, the company extended
its liquidity partnership with Sage Capital Management, bringing
institutional clients consolidated access to crypto markets through a three-way
arrangement, including Gold-i.
Understanding ISO/IEC 27001
ISO/IEC
27001 represents the global benchmark for information security management
systems, outlining how organizations should protect data through systematic
risk management. The standard, jointly published by the International
Organization for Standardization and the International Electrotechnical
Commission, requires companies to identify security threats, assess their
potential impact, and implement appropriate safeguards.
ISO/IEC
27001 requirements include establishing and maintaining
systems to protect information confidentiality, integrity, and
availability. The standard requires organizations to
continuously improve their security management systems
through regular audits and updates.
Kyrylo
Proskurnia, head of Baltum Bureau and lead auditor, noted the company
demonstrated readiness during the certification process. Baltum
Bureau specializes in preparing organizations for certifications
under global standards including ISO 27001, ISO 27701, and GDPR
compliance.
This article was written by Damian Chmiel at www.financemagnates.com.
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