CredAvenue receives its second ISO certification (ISO 22301:2019) for business continuity

CredAvenue, a debt market platform, announced today that it has received ISO 22301:2019 certification from BSI, allowing it to benchmark it’s Business Continuity Management System (BCMS) against international standards, allowing it to deliver more resilient business operations and improve overall service assurance for clients.

CredAvenue is now fully prepared to detect and prevent physical and digital threats, having implemented full-fledged recovery mechanisms in accordance with ISO 22301. CredAvenue is able to reduce the impact of business interruptions and demonstrate resilience to clients and stakeholders, especially during crisis situations, giving it a competitive advantage over similar organisations.

“This certification demonstrates CredAvenue’s commitment towards protecting its clients and their businesses as they directly depend on the availability of credit offerings. It is paramount for CredAvenue to be available during uncertain times as clients’ and customers’ businesses are dependent on ours. We conducted an extensive exercise with our key departments along with a business impact analysis considering the entire threat landscape and put strategies in place for the respective departments. With this certification in place, we are not just protecting our clientele and stakeholders but also ensuring our ‘People Safety First’ policy is followed. While this will give a great boost to our business across our product verticals, it will also add a layer of security and comfort for our clients, which is CredAvenue’s topmost priority,”

Araveinth Gopinath, chief information security officer of CredAvenue. 

This certification will serve as a vital method for enhancing CredAvenue’s credibility and reliability among its stakeholders. This year, CredAvenue plans to expand this certification to its group firms. 

CredAvenue also achieved ISO 27001 accreditation on February 3rd, 2022, which is the highest worldwide information security certification. CredAvenue is one of the few Indian start-ups to receive this certification in one of the shortest time frames.

Read more stories