Ascendant Receives SOC 1 Type II & SOC 2 Type II Attestation.
by Madison Lenhart / July 27th, 2026
Independent Audit Verifies Ascendant’s Internal Controls and Processes
Toronto, ON– AscendantFX Capital Inc. (“Ascendant”), a leading global payments provider, today announced that it has completed its SOC 1 Type II and SOC 2 Type II audit, performed by KirkpatrickPrice. This attestation provides evidence that Ascendant has a strong commitment to security and to delivering high-quality services to its clients by demonstrating that they have the necessary internal controls and processes in place.
A SOC 1 audit provides an independent, third-party validation that a service organization’s information security practices meet industry standards stipulated by the AICPA and SSAE 18. During the audit, a service organization’s controls that are relevant to ICFR are tested. The SOC 1 report delivered by KirkpatrickPrice verifies the suitability of the design and operating effectiveness of USC’s controls to meet the standards for these criteria.
A SOC 2 audit provides an independent, third-party validation that a service organization’s information security practices meet industry standards stipulated by the AICPA. During the audit, a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system are tested. The SOC 2 report delivered by KirkpatrickPrice verifies the suitability of the design and operating effectiveness of Ascendant’s controls to meet the standards for these criteria.
“Completing our SOC 2 Type II audit demonstrates our ongoing commitment to protecting our customers’ data and maintaining the highest standards of security, reliability, and operational excellence. Our clients trust us with some of their most critical financial transactions, and this validation reinforces that we have the controls, processes, and governance in place to safeguard that trust every day”
–Shemina Jiwani, CEO of Ascendant
“Many of Ascendant’s clients rely on them to securely process critical financial transactions and protect sensitive information,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “By successfully completing both their SOC 1 Type II and SOC 2 Type II audits, Ascendant has demonstrated its commitment to maintaining effective controls across its operations. Our independent testing and assessment provide assurance that the controls supporting their services are appropriately designed and operating effectively to meet the needs of their clients.”
About Ascendant:
Ascendant is a leading global payments provider, making international payments effortless for businesses and financial institutions. Founded in 2011 and headquartered in Toronto, ON, with offices across North America, Ascendant enables payments in 140+ currencies to 235+ countries and territories, supported by consultative experts and modern APIs. Learn more at https://www.ascendant.world.
About KirkpatrickPrice:
KirkpatrickPrice is the leader in cybersecurity and compliance audit reports. Our experienced auditors know audits are hard, so they take complicated audits such as SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST, GDPR, and ISO 27001 and make them worth it. The firm has issued over 10,000 reports to over 1,200 clients worldwide, giving its clients trusted results and the assurance they deserve. Using its Online Audit Manager, the world’s first compliance platform, KirkpatrickPrice partners its clients with an expert to guide them through the entire audit process, from audit readiness to final report. For more information, visit www.kirkpatrickprice.com, follow KirkpatrickPrice on LinkedIn, subscribe to our YouTube channel, or join Our Cybersecurity Mission.
About the Author
Madison Lenhart
