Altum Group strengthens institutional‑grade governance with SOC 1 and ISAE 3402 Type II accreditation

Michael Newton profile image
Michael Newton
Chief Operating Officer
Published: 30th Apr 2026

Altum Group’s Jersey office has successfully completed its ISAE 3402 Type II assurance, reinforcing the strength of its internal control environment across its Fund Accounting services.

ISAE 3402 is a globally recognised assurance standard developed by the International Auditing and Assurance Standards Board (IAASB), providing independent assurance over the design and operating effectiveness of controls at a service organisation.

Altum achieved an independent SOC1 and ISAE3402 Type II Report for the period 29 February 2024 to 30 September 2025. The examination, conducted by Grant Thornton, assessed the description of Altum’s systems, the design of controls, and their operating effectiveness over time.

This accreditation provides third‑party confirmation that Altum’s controls, processes and systems operate consistently in practice supporting client confidence, regulatory expectations and institutional requirements.

Michael Newton profile image
“This was a real team effort. A huge amount of work sits behind this outcome, and it’s reassuring to have independent confirmation that the way we operate every day stands up to scrutiny. I’m exceptionally proud of the commitment and care shown across the business to get us here.”
Michael Newton
Chief Operating Officer
Marian Kearsey profile image
“Getting our ISAE 3402 accreditation isn’t just a box-ticking exercise. It’s about making sure our fund teams follow through – turning policy into what actually happens day to day. This milestone reflects the discipline our teams have invested in building strong and reliable controls.”
Marian Kearsey
Director, Funds & Institutional
William Wilson profile image
“Strong systems and security controls only matter if they work in real conditions. This assurance confirms that what we’ve built operates as intended and supports the wider business in a controlled, reliable way.”
William Wilson
Head of Threat Protection & Governance

This assurance confirms Altum’s role as a trusted, informed partner to clients operating in complex, regulated environments.