FintechSourced

Case Study: HalcyonFT earns SOC 2 and ISO 27001 in a third of the expected time with Thoropass

HalcyonFT Case StudySourced & dated by Case Study Desk

Key facts · TL;DR

Company

HalcyonFT

Industry

Fintech

Challenge

HalcyonFT needed SOC 2 and ISO 27001 but estimated a three-year self-directed timeline.

Headline result

HalcyonFT cut compliance time 66%, implementing SOC 2 controls in 100 hours and ISO 27001 in 50

Key results

66%

Less time on compliance

100 hrs

To implement SOC 2 controls

50 hrs

To implement ISO 27001 controls

The challenge

HalcyonFT needed SOC 2 and ISO 27001 certifications to meet customer due-diligence requirements, and its team initially estimated a three-year timeline for self-directed compliance work.

The solution

Thoropass provided expert guidance, a structured roadmap, multi-framework mapping, and ongoing dedicated customer success support to streamline the attestation process.

“Thoropass was like a warm blanket. We had structure and a roadmap to follow.”
JJ
Joe James
Partner, Director of Projects, HalcyonFT

The results, in context

HalcyonFT reported a 66% reduction in compliance time, implementing SOC 2 controls in about 100 hours and ISO 27001 controls in about 50 hours, roughly one-third of the time initially expected. The certifications helped attract new clients in a regulated market.

Products used

Thoropass SOC 2Thoropass ISO 27001Thoropass Thoropass platform