LONDON, 4 August 2022 — GLAS, the leading independent provider of institutional debt administration services, announced today that it has earned the International Organization for Standardization (ISO)/International Electrotechnical Commission (IEC) 27001 certification for information security management systems (ISMS).
Commonly known as ISO/IEC 27001, the certification is an internationally recognised framework for information security that helps protect against cyber threats and data breaches. This achievement signals GLAS’ continuing commitment to excellent client service and the highest standards for data protection.
To attain the ISO/IEC 27001 certification, the firm passed a rigorous audit of its operations in the United Kingdom, France and Germany. GLAS established an Information Security Management Committee that defined security responsibilities at all levels, from leadership and senior management to IT teams and all staff members.
The firm’s implementation of robust ISMS throughout the business helps mitigate risk and ensure operational continuity, in addition to optimising efficiencies through continual evaluation and process improvement to securely deliver speedy client service.
“The ISO 27001 certification is a significant competitive differentiator. It shows that businesses can trust GLAS to manage valuable third-party information assets and sensitive intellectual property while also leveraging our proprietary technology system, the GLAS Portal,” said Stuart Draper, GLAS’ Chief Operating Officer. “Our current and future clients can rest assured that we are committed to continual improvements in service while protecting them from risk and providing expertise on complex transactions.”
By adhering to a structured information security framework, the firm maintains strong security controls in line with regulatory requirements across multiple jurisdictions while delivering nimble service for clients. All stakeholders can have confidence that data is securely managed throughout the organisation in line with detailed policies and procedures under the ISO/IEC 27001 standard.
Global Loan Agency Services Limited was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market. GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of EUR 200bn of assets under administration on a daily basis. For more information, please contact firstname.lastname@example.org.