Leading pensions actuaries and administrators Spence & Partners and its sister firm Dalriada Trustees has completed ISO/EIC 27001, an internationally recognised standard for Information Security Management.
ISO/IEC 27001 is fast becoming the international touchstone for effective, secure information management practices that protect organisations and ensure their compliance with data protection, privacy and computer misuse regulations. The application and use of this standard primarily ensures business continuity, minimising business damage by preventing and reducing the impact of security incidents while maximising business investments and opportunities.
The security practices adopted within Spence & Partners and Dalriada Trustees to comply with the accreditation are essential to protect the interests of the firms’ people and its clients in ensuring the secure and safe deployment of IT systems and services.
Brian Spence, Managing Director at Spence & Partners/Dalriada said: “We are proud to be the first firm of professional trustees and one of the first pension administration companies to meet ISO 27001 compliance criteria standards.
“IT security is becoming increasingly paramount - given the volume and importance of the data which firms such as ours hold on file and we felt it was essential to obtain this accreditation. We believe the assurance we can offer clients through this high standard of data security will give us a clear advantage against many of our counterparts within the UK pensions industry.”
“This underlines our commitment to setting the standards across our sector and to provide our clients with enhanced levels of service and security. This commitment spans all levels of Spence & Partners and Dalriada, whether we act as trustees, advisers or are only considering our internal information and processes.”
To help undertake the compliance project in a very tight timescale, Spence & Partners/Dalriada brought in external consultants Cimaomega.
Gillian Esquivel, Director at Cimaomega said: “This project has been completed at an accelerated pace and is a credit to everyone working directly and indirectly on it. This underlines Spence & Partners and Dalriada’s commitment to invest for the benefit of their clients.”
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