Drivetrain achieves SOC 1 Type 2 compliance, reinforcing trust in financial reporting

Why SOC 1 Type 2 matters for finance teams

While our SOC 2 Type 2 compliance validates our security, availability, and privacy controls, SOC 1 Type 2 focuses specifically on financial reporting. This certification is critical for companies—especially public enterprises subject to SOX compliance—as it ensures that Drivetrain’s internal controls over financial reporting (ICFR) are robust, accurate, and audit-ready.

“For public companies and those preparing financial statements, ensuring financial data accuracy and compliance isn’t optional—it’s mandatory. Achieving SOC 1 Type 2 demonstrates that Drivetrain meets the highest standards for financial reporting integrity.” 
‍~ _{Tarkeshwar Thakur, CTO at Drivetrain.}

Enterprise-grade security & compliance

Drivetrain is not only SOC 1 Type 2 and SOC 2 Type 2 compliant, but we also maintain ISO 27001 certification, the globally recognized standard for information security management systems (ISMS). Additionally, we are fully GDPR compliant, ensuring that customer data is handled with the highest privacy and security standards.

What this means for our customers

• Audit-ready financial reporting: Organizations, especially public companies, can trust Drivetrain to support their financial statement preparation with rigorously tested controls.
• Compliance with global security standards: SOC 1, SOC 2, ISO 27001, and GDPR compliance ensure that Drivetrain meets the highest security and regulatory requirements.
• Confidence for finance & audit teams: Our platform safeguards data integrity and accuracy, ensuring seamless collaboration between finance teams and auditors.

“At a time when finance teams are under immense pressure to deliver precise financial reporting, compliance and security must come standard. With SOC 1 Type 2, alongside our SOC 2 Type 2, ISO 27001, and GDPR compliance, we’re reaffirming our commitment to making financial planning secure, scalable, and audit-ready.” 
_{~ Alok Goel, CEO of Drivetrain}

With these certifications, Drivetrain continues to lead the way in secure, enterprise-ready financial planning and analysis software—empowering finance teams to move faster, without compromising trust.

Please see our Security page for additional information regarding our security program. If you would like to hear more about how we manage and secure data, schedule a session with our experts.