RegTech firm TAINA has retained its ISO 27001 accreditation after recording what it describes as its strongest audit performance to date, highlighting the growing importance of independently verified security controls as AI becomes more deeply embedded in regulated financial processes.
The London-based company provides tax compliance technology to major financial institutions, placing information security at the centre of its operations. TAINA said the latest audit demonstrates the continued development of its controls and the growing maturity of its information security practices across the business.
Rather than treating certification as an annual compliance exercise, TAINA said it approaches information security as an ongoing responsibility that influences how its technology is developed, how information is managed and how services are delivered to clients.
This is particularly significant for technology providers working with financial institutions, where weaknesses in data protection can expose organisations to regulatory, operational and reputational risks. Maintaining independently assessed security standards can therefore provide an important layer of assurance for clients handling sensitive financial and tax information.
The latest audit provides external validation of the systems, processes and controls TAINA has established to manage information security. The company said achieving its best audit performance so far reflects progress made through the continued review and strengthening of those safeguards.
ISO 27001 is an internationally recognised standard for information security management systems (ISMS). It provides a structured framework for identifying information security risks, implementing appropriate controls and continually improving how organisations protect data and information.
For TAINA’s clients, retaining the accreditation means its information security framework continues to be assessed against an established international standard. It also reinforces the company’s position that security should be embedded throughout its operations rather than addressed separately from technology development.
The result comes as financial institutions face a rapidly changing technology and risk environment. AI and intelligent automation are increasingly being introduced into tax and compliance operations, creating new opportunities to streamline processes while also raising questions around data access, governance and security.
TAINA is expanding its use of AI and automation across tax operations, making the relationship between innovation and information security increasingly important. The company said its approach is to develop these capabilities alongside robust governance, controls and security practices rather than treating security as an additional layer applied after new technology has been introduced.
That approach reflects a wider challenge for the RegTech market. As AI becomes more closely integrated with compliance workflows, technology providers need to demonstrate not only what their platforms can automate, but also how the underlying data, systems and processes are governed.
For financial institutions, this can make independently verified security frameworks an increasingly important consideration when assessing technology providers. ISO 27001 does not remove every information security risk, but it provides a recognised framework through which organisations can demonstrate how those risks are identified, managed and continually reviewed.
TAINA said its latest audit is part of an ongoing programme rather than an endpoint. The company plans to continue strengthening its security framework and refining its controls as its technology and capabilities develop.
The wider significance for the RegTech sector is that security is becoming increasingly intertwined with innovation. As AI moves further into tax, compliance and other regulated workflows, demonstrable governance and independently assessed controls could become an increasingly important differentiator for technology providers competing for financial institution clients.
The TAINA Technology Analysis highlights this shift as the company continues to develop its technology around the changing demands of financial institutions, with information security, governance and AI increasingly connected. Its latest ISO 27001 result provides another indication of how RegTech providers are responding to rising expectations around security as intelligent automation becomes more embedded in regulated workflows.
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