Financial and Business News

BDSwiss Gains ISO Certifications for Quality and Information Security

Thursday, 18/03/2021 | 10:53 GMT by Arnab Shome
  • The certifications were received by the broker’s Cypriot entity.
BDSwiss Gains ISO Certifications for Quality and Information Security
BDSwiss

Multi-regulated FX and CFDs broker, BDSwiss announced on Thursday that it has received two International Organisation for Standardisation (ISO) certifications for information security management system and quality management.

Both the certifications, which were issued by external bodies, TÜV Cyprus and TÜV Hellas, were received by Cypriot-registered BDSwiss Holding Ltd.

The ISO 9001 certification demonstrates the integration of quality processes, while ISO 27001 certification validates security infrastructure.

The official press release boasted that BDSwiss has become one of the few Cypriot entities to have these certifications, which will build customer trust for its services.

Commenting on the development, BDSwiss’ Chief Information and Technology Officer, Christos Alatzidis, said: “The combined Acquisition of these particular ISO classifications is not a very common occurrence, but one that continues to gain popularity across all industries – and rightly so.”

Ensuring Safety and Quality

Headquartered in Switzerland, BDSwiss is regulated in several jurisdictions and offers trading services within Europe under its Cypriot entity. Additionally, the broker received a license from the Seychelles regulator for its global operations.

Moreover, the broker is expanding its services for its 1.5 million clients and recently added contracts for difference (CFDs) instruments over 1,000 stocks and exchange-traded funds (ETFs).

The certifications were obtained when threats of cyberattacks on brokers are growing. Furthermore, the broker revealed that it installed an information security management system for managing information security risks.

“Considering the growth and evolution of malicious Cybersecurity threats within the trading industry, we want to ensure neither we nor our clients fall victim to heinous online impropriety. To operate in the fiercely competitive financial services sector requires maintaining cutting-edge security as well as consistent product quality. Both classifications are validations that we're doing just that.”

Multi-regulated FX and CFDs broker, BDSwiss announced on Thursday that it has received two International Organisation for Standardisation (ISO) certifications for information security management system and quality management.

Both the certifications, which were issued by external bodies, TÜV Cyprus and TÜV Hellas, were received by Cypriot-registered BDSwiss Holding Ltd.

The ISO 9001 certification demonstrates the integration of quality processes, while ISO 27001 certification validates security infrastructure.

The official press release boasted that BDSwiss has become one of the few Cypriot entities to have these certifications, which will build customer trust for its services.

Commenting on the development, BDSwiss’ Chief Information and Technology Officer, Christos Alatzidis, said: “The combined Acquisition of these particular ISO classifications is not a very common occurrence, but one that continues to gain popularity across all industries – and rightly so.”

Ensuring Safety and Quality

Headquartered in Switzerland, BDSwiss is regulated in several jurisdictions and offers trading services within Europe under its Cypriot entity. Additionally, the broker received a license from the Seychelles regulator for its global operations.

Moreover, the broker is expanding its services for its 1.5 million clients and recently added contracts for difference (CFDs) instruments over 1,000 stocks and exchange-traded funds (ETFs).

The certifications were obtained when threats of cyberattacks on brokers are growing. Furthermore, the broker revealed that it installed an information security management system for managing information security risks.

“Considering the growth and evolution of malicious Cybersecurity threats within the trading industry, we want to ensure neither we nor our clients fall victim to heinous online impropriety. To operate in the fiercely competitive financial services sector requires maintaining cutting-edge security as well as consistent product quality. Both classifications are validations that we're doing just that.”

About the Author: Arnab Shome
Arnab Shome
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Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well. His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report. Area of coverage: 1. CFD broker-related news 2. Industry-related Regulatory updates and developments 3. New retail trading trends 4. Prop trading industry updates 5. Executive interviews Education: Bachelor of Technology - National Institute of Technology, Agartala (India)

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