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CJC Upgrades to ISO 27001:2022 Certification Ahead of DORA
London, August 26, 2024 – Crown Jewels Consultant Ltd (CJC), the award-winning market data professional services and commercial management provider, is proud to announce it has upgraded its ISO 27001 certification to the latest 2022 standard. The upgraded ISO 27001:2022 certification demonstrates CJC’s consistent commitment to meet the latest information security and compliance with international standards.
ISO 27001:2022 is the latest, globally recognised standard outlining the requirements for an information security management system. The 2022 version required a rigorous external audit of CJC’s information security practices, policies, and procedures. Compared to the 2013 version, it provides an improved systematic approach to managing sensitive company information securely.
Are you and your vendors DORA ready?
Read More: https://cjcit.com/standards/ict-security-standards/
With the EU’s Digital Operational Resilience Act (DORA) enforcement deadline creeping closer, CJC’s upgraded ISO 27001:2022 certification follows through with previously outlined InfoSec plans and the latest CJC cybersecurity initiative to support clients comply with new incoming regulations. Other initiatives include achieving Cyber Essentials Certification in March.
ISO 27001:2022 vs. 2013 improvements:
- Improved Cybersecurity Practices and Threats.
- Strengthened Data Privacy.
- Enhanced Information Security.
- Increased Cyber Attack Resilience.
- Greater Consumer Confidence.
- Robust Confidentiality, Integrity, and Availability Protection.
Evgeny Smirnov, Head of Products and Standards, said, “Achieving the ISO 27001:2022 certification is a testament to CJC’s relentless focus on enhancing our Information Security Management System (ISMS). Over the past few years, we have invested significantly in our systems, governance frameworks, and compliance processes to ensure we meet and exceed the latest industry standards. This upgraded certification not only reinforces our commitment to information security but also ensures that we continue to provide our clients with the highest level of protection and trust in an increasingly complex digital environment. As we move forward, our current focus is on implementing the requirements of the DORA, further aligning our practices with emerging regulations.”
Gina Wee, Chief Information Officer at CJC, said “We are pleased to share that we’ve successfully transitioned to ISO 27001:2022, thanks to our team’s consistent effort and dedication. With the board’s support, colleagues from HR, Business Operations, Security & Governance, IT, and Information Security worked closely together across multiple workstreams to reach this milestone. This achievement reflects CJC’s ongoing commitment to safeguarding our data and adapting to the ever-changing digital landscape.”
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For more information, contact:
The Communications Team
Tel: +44 (0) 203 328 7600 | Email: marketing@cjcit.com
About Crown Jewel Consultants (CJC)
CJC is the leading market data technology consultancy and service provider for global financial markets. CJC provides multi-award-winning consultancy, managed services, cloud solutions, observability, and professional commercial management services for mission-critical market data systems. CJC is vendor-agnostic and ISO 27001 certified, enabling CJC’s partners the freedom to focus on their core business.
About ISO 27001
ISO 27001, formally known as ISO/IEC 27001:2022, is an information security standard created by the International Organisation for Standardisation (ISO), which provides a framework and guidelines for establishing, implementing and managing an information security management system (ISMS).
About the Digital Operational Resilience Act (DORA)
The Digital Operational Resilience Act, or DORA, is a European Union (EU) regulation that creates a binding, comprehensive information and communication technology (ICT) risk management framework for the EU financial sector. DORA establishes technical standards that financial entities and their critical third-party technology service providers must implement in their ICT systems by January 17, 2025 (IBM).
CJC and DLT-powered DRDM Raises Bar for Market Data Management
Pioneering DLT Tech A First for Managing Market Data Contracts
LONDON, JUNE 22, 2024 – Crown Jewels Consultant Ltd (CJC), the award-winning market data professional services and commercial management provider, is pleased to announce its partnership with Digital Rights for Data Management (DRDM), a distributed ledger technology (DLT) powered solution that transforms market data management by turning static data contracts into dynamic and actively manageable assets in real-time.
DRDM’s DLT-powered technology raises the bar for compliant data management and marks a first in the industry, addressing the critical challenge of unrecovered fees in data publishing. The solution removes the ambiguity of paper market data contracts, reducing the deployment time of new offerings, and protects the data publisher’s rights and revenue while reducing the data subscriber’s required resources and regulatory burdens.
Find Out More at: https://cjcit.com/library/digital-rights-for-data-management-drdm/
The DRDM DLT solution is straightforward to deploy with a minimal technology footprint, no impact on data latency and requires no reengineering of existing systems. It allows live contract inspections. DRDM’s Digital Contract Network (DCN) is an immutable single source of truth that enables comprehensive traceability and ensures rigorous compliance across the entire market data community. The solution ensures that every piece of data can be accurately tracked, verified, and managed, which safeguards integrity and value in real time.
Alan Ross, Co-Founder at DRDM, with over 30 years of experience in the capital markets, said, “We have created a pioneering technology platform to revolutionise how data providers manage and track their contract utilisation. For the first time, contracts are dynamic, living assets that can be continuously monitored and audited in real time. This breakthrough ensures that every contract is not just a static document but an active, compliant asset in the data ecosystem.”
Paul Gow, Chief Executive Officer at CJC, said, “Data fines have been the bane of financial institutions’ lives for many years, DRDM makes these fines a thing of the past. CJC is now helping our clients become compliant by digitising their data contract, which in turn reduces administrative overheads”
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For more information, contact:
The Communications Team
Tel: +44 (0) 203 328 7600 | Email: marketing@cjcit.com
About CJC:
CJC is the leading market data technology consultancy and service provider for global financial markets. CJC provides multi-award-winning consultancy, managed services, cloud solutions, observability, and professional commercial management services for mission-critical market data systems. CJC is vendor-agnostic and ISO 27001 certified, enabling CJC’s partners the freedom to focus on their core business.
About DRDM:
Digital Rights for Data Management (DRDM) is a CJC-partnered Distributed Ledger Technology (DLT) company and solution supported by industry experts. The DLT-powered technology marks a first in the industry, raising the bar for data management and compliance by removing the ambiguity of market data paper contracts. It also reduces the needed deployment time of new offerings. DRDM protects the data publisher’s rights and revenue while reducing the data subscriber’s required resources and regulatory burdens.
Gresham & Alveo Join Forces to Create a Market leader in Enterprise Data Automation
New York, US, July 17, 2024: Today, backed by its majority owner STG, Alveo, a leading provider of cloud-based market data management software, announces the completion of its merger with Gresham Technologies (“Gresham”). The combination creates a market leading provider for data automation and optimization of mission-critical data, post-trade processes, and external reporting.
Both companies specialise in data management software and combined will create significant scale. Clients will benefit from a comprehensive range of data automation and process integration solutions that simplify operating models and reduce total cost of ownership (TCO).
Gresham is a market leader in transaction control and reconciliations, data aggregation, connectivity solutions and regulatory reporting. Alveo is a market leader in enterprise data management for market, reference and ESG data. The combination creates a market leader in data automation solutions for mission-critical processes that require high quality and trusted data to be easily integrated into business workflows.
The new business will be known as Gresham and will be headquartered in London with operations around the world, including a significant presence in North America. Ian Manocha, formerly CEO of Gresham Technologies, will be the CEO of the combined business and Mark Hepsworth, formerly CEO of Alveo, will be Chair of the board.
Ian Manocha, CEO, said: “The combination of the two firms accelerates our journey to bring digital integrity, agility, operational efficiency and data confidence to financial markets globally. It creates a comprehensive set of solutions for data automation, operational efficiency, data management, analytics and risk mitigation for financial and corporate clients globally.”
Commenting on the merger, Mark Hepsworth, Chairman said “Improving data management efficiency is a major requirement for clients who need to process increasing volumes of data. We can now offer clients greater scale and a wider range of solutions that will simplify their operations and enable them to manage data more effectively. I am delighted to be working with Ian and our new team and to enable clients to benefit from this exciting new combination.”
About Gresham
Gresham Technologies is a leading fintech company specialising in providing real-time data integrity and control solutions. With a proven track record of delivering innovative solutions to financial institutions worldwide, Gresham is committed to empowering clients with robust technologies that drive operational excellence and regulatory compliance.
About Alveo
Alveo is the leader in market data integration and analytics solutions for financial services. Focused on optimizing data flows for business user self-service, we provide cloud-native data aggregation and data quality management that enables clients to easily access trusted data while maximizing their data ROI. Through our managed services, we ensure that clients can smoothly onboard, prepare, and validate data for use in operations, trading, investment management, pricing, risk, reporting, and machine learning.
We service a global client base and our award-winning technology provides easy integration into business user workflows and a proven platform for advanced analytics. Through combining deep domain expertise with the latest open-source technologies, we help financial institutions ensure high-quality data, optimize market data cost, and maximize productivity.
About STG
STG is a private equity partner to market-leading companies in data, software, and analytics. The firm brings experience, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering to build customer-centric, market-winning portfolio companies, STG creates sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world-class management teams. STG’s expansive portfolio has consisted of more than 50 global companies. For more information, please visit www.STG.com.
