Monitaur, an AI governance software company, today announced successful achievement of Service Organization Control (SOC) 2 Type II certification. This certification solidifies the foundational commitment Monitaur has to promote confidence and trust in technology.
“Our company is on a mission to become the gold standard for governing and assuring advanced modeling systems, and we believe that our customers should expect Monitaur to demonstrate the same values we promote”
Founded in 2019, the company delivers the Monitaur Machine Learning Assurance Platform to help enterprises and their partners build and deploy accountable artificial intelligence and machine learning models that business leaders, regulators and consumers can trust. The Monitaur Platform drives an intentional approach to governance through an inclusive and comprehensive software solution. The platform has four integrated products — GovernML, RecordML, MonitorML and AuditML — that combine to deliver oversight, transparency and accountability for high-impact systems.
By achieving this milestone at such an early stage, Monitaur is demonstrating its commitment to the principled importance of building complex software with risk, governance, accountability and security considered across the full product life cycle. Evidence and certification of these practices earn trust and confidence with customers in a similar way to how the Monitaur Platform delivers confidence for its clients’ AI systems.
“Our company is on a mission to become the gold standard for governing and assuring advanced modeling systems, and we believe that our customers should expect Monitaur to demonstrate the same values we promote,” said Andrew Clark, CTO and co-founder of Monitaur. “SOC 2 Type II certification is comprehensive proof of an organization’s commitment to software security, reliability, confidentiality and privacy — exactly the sort of robust controls that we’re helping enterprises deliver with our software.”
SOC 2 Type II is the highest certification an organization can receive in regard to their security, availability, confidentiality and privacy frameworks. The extensive auditing process requires a close examination of five key elements of a company’s business model: infrastructure, software, people, procedures and data. When an independent auditor determines these five elements are dependable and secure, they grant the company with the certification that signifies it is trustworthy and reputable.
For Monitaur, this lengthy process of auditing, monitoring and evaluation aligns with its own goals. As an organization with a mission to deliver transparency and assurances to its customers, Monitaur believes the company should abide by the same standards in its everyday operations.
As seen originally on Business Wire, 12/15/2021.
