SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that its institutional-grade solution for digital custody has successfully completed independent audits in relation with the implemented processes and controls. The audit concluded with the following two ISAE 3402 reports: ISAE 3402 Type 1: The primary objective of the suitability assessment is confirming to SEBA and its clients that SEBA´s key management and transaction controls are designed effectively and implemented ISAE 3402 Type 2: The report confirms the operating effectiveness of controls in relation with digital custody services. The ISAE
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SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that its institutional-grade solution for digital custody has successfully completed independent audits in relation with the implemented processes and controls. The audit concluded with the following two ISAE 3402 reports:
- ISAE 3402 Type 1: The primary objective of the suitability assessment is confirming to SEBA and its clients that SEBA´s key management and transaction controls are designed effectively and implemented
- ISAE 3402 Type 2: The report confirms the operating effectiveness of controls in relation with digital custody services.
The ISAE Certificate is an international assurance standard for documenting that a service organisation has adequate internal controls; it includes controls for business, operational and IT processes, and information security. A yearly ISAE 3402 report is produced and audited, and the controls are applied to SEBA Bank’s internal processes.