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BaseCap Analytics Successfully Achieves ISO/IEC 27001 Certification

banner with A-LIGN ISO badge indicating successful achievement of the certificate

New York, New York, January 27, 2025 — BaseCap Analytics, an automated loan due diligence platform, today announced the successful completion of its ISO/IEC 27001 certification as of January 10, 2025, and includes the following scope: information security management system in accordance with ISO 27001:2022 supporting the BaseCap platform.

The ISO/IEC 27001 certification was conducted by leading compliance assessor A-LIGN, a technology-enabled security and compliance partner trusted by more than 4,000 global organizations to help mitigate cybersecurity risks. A-LIGN is an ISO/IEC 27001 certification body accredited by the ANSI National Accreditation Board (ANAB) and the United Kingdom Accreditation Service (UKAS) to perform ISMS certifications. 

“We’re proud to receive this external validation, which reaffirms our commitment to security. BaseCap Analytics offers customers a secure data validation platform that allows for thorough due diligence of assets like loans without sacrificing borrower safety or regulatory risk,” said Steven Smith, CEO and Co-Founder of BaseCap Analytics.

ISO/IEC 27001 is an information security management system standard published in October 2022 by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).

“Congratulations to BaseCap Analytics for earning ISO/IEC 27001 certification, a widely recognized signal of trust and security,” said Steve Simmons, COO of A-LIGN. “It’s great to work with organizations like BaseCap, who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report.”

This certification demonstrates BaseCap Analytics’ continued commitment to information security at every level and ensures their clients that the security of their data and information has been addressed, implemented, and properly controlled in all areas of our organization.

About BaseCap Analytics

BaseCap is a subscription data validation platform used for due diligence in the financial sector. In the platform, users transform diverse data sources and apply custom policies to identify data issues and assign teams to correct them. For more information about BaseCap, please visit: http://www.basecapanalytics.com.

ABOUT A-LIGN

A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services, including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and a leading HITRUST and FedRAMP assessor. To learn more, visit a-lign.com.

 

Media Contact

Steven Smith
CEO & Co-Founder
BaseCap Analytics
steven.smith@basecapanalytics.com

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Terms & Conditions

24 Hour Loan Due Diligence Guarantee

Guarantee Offer:
We guarantee a 24-hour turnaround time for performing a standardized diligence checklist and providing a certification for eligible loans. If we fail to meet this commitment, we will provide a credit for the affected loan on the client’s next loan submission. This guarantee timeline does not apply to exception resolution and subsequent reruns of loans.

Conditions & Exclusions:

This guarantee applies under the following conditions:

  1. Cutoff Times & Business Days:
    1. The 24-hour period begins from the time of submission, provided it occurs before the daily cutoff time as defined in the contract.
    2. 2.Submissions received after the cutoff time will be treated as received on the next business day, and the 24-hour period will begin from that point.
  2. Force Majeure & System Outages:
    1. This guarantee does not apply in the event of Microsoft Azure outages, broader cloud service disruptions, or any force majeure events beyond our control.
  3. Third-Party Dependencies:
    1. If document scans, data files, third party reports or other required materials are delayed due to our provider or an integration partner, the 24-hour clock will not begin until all necessary documents and data are received.
  4. Volume Spikes:
    1. If loan volume exceeds 30% of the rolling 30-day average, we reserve the right to temporarily suspend the 24-hour guarantee until processing volumes return to normal or are reflective of the new increased average.
  5. Exclusions & Modifications:
    1. We reserve the right to modify or suspend this guarantee at our discretion in the event of circumstances beyond our reasonable control.
    2. The credit applies only to the next loan submitted by the client and has no cash value.

By submitting a loan for diligence under this guarantee, the client acknowledges and agrees to these terms.