Enuit: Pioneering Trust and Security in Commodity Trading with Successful SOC 2® Type 2 Examination

For the second year in a row, commodity trading software leader Enuit demonstrates its commitment to secure and reliable services by passing the rigorous SOC 2® Type 2 examination.

Key Takeaways:

  1. Enuit has completed its System and Organization Controls (SOC) 2® Type 2 examination successfully for the second year, showcasing its commitment to security, availability, and confidentiality.
  2. The SOC 2® Type 2 examination, developed by the American Institute of Certified Public Accountants (AICPA), ensures Enuit’s control systems are effective.
  3. The examination underlines Enuit’s dedication to safeguarding and efficiently managing sensitive client data.
  4. Enuit selected 360 Advanced, Inc., a licensed CPA firm, to conduct the demanding third-party SOC examination.

About Enuit

Founded in 2008, Enuit was launched with a singular vision: To provide affordable, functional trade management software. Enuit’s flagship solution, Entrade, serves as a comprehensive energy and commodity trading risk management tool, supporting every commodity, feature, and user on a single platform. With its headquarters in Houston, Texas, Enuit undertakes projects throughout North America, Europe, and Asia, spotting opportunities with global partners across the world.

Upholding Trust through Security: The SOC 2® Type 2 Examination

The SOC 2® Type 2 examination, established by the American Institute of Certified Public Accountants (AICPA), is a rigorous evaluation of a company’s controls related to security, availability, and confidentiality over a specific period. The successful completion of this examination provides reasonable assurance to Enuit’s users about the suitability and effectiveness of the company’s controls in operation.

Enuit’s Chief Information Officer, Chunxing Shen, stressed the significance of this achievement: “Our clients rely on us to safeguard, control, and efficiently manage their sensitive data. This examination solidifies our pledge to data security practices and reinforces the trust our valued clients have in us.”

The Role of 360 Advanced in the Examination

For this demanding third-party SOC examination, Enuit chose to partner with 360 Advanced, Inc., a licensed CPA firm. This firm boasts nearly 20 years of experience providing integrated compliance solutions to a global client base in various industries.

About 360 Advanced

360 Advanced is dedicated to Making Better Businesses by offering client-centric cybersecurity and compliance services. With solutions including ISO 27001, HITRUST, SOC, Penetration Testing, Risk Assessments, and more, 360 Advanced has been aiding tech startups to Fortune 500 companies in their compliance journey for almost two decades.

Enuit’s Continued Commitment to Excellence

For the second consecutive year, Enuit’s successful completion of the SOC 2® Type 2 examination is a testament to its unwavering commitment to providing trustworthy, secure, and reliable commodity trading software and hosting services. It illustrates the company’s dedication to maintaining a high level of data security and operational effectiveness, thus upholding its reputation as a leader in the commodity and energy trading space.

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