We're excited to share that Financial Modeling Prep is officially SOC 2 Type 2 compliant, a milestone that validates our commitment to secure, reliable, and well-governed data delivery.

This independent audit confirms that our access controls, monitoring practices, credential safeguards, and system operations meet the standards required across modern financial and enterprise environments.

What SOC 2 Compliance Is — and Why It Matters

SOC 2 is a widely recognized auditing framework created by the American Institute of CPAs (AICPA). It is considered the industry benchmark for evaluating how technology providers manage and protect customer data.

A SOC 2 Type 2 audit reviews how a company's systems operate over time — including how access is controlled, how systems are monitored, how incidents are handled, and how changes are approved — and validates that these controls function consistently and effectively.

Organizations across finance, technology, and enterprise IT rely on SOC 2 to determine whether a vendor's infrastructure is stable, secure, and ready for integration. For FMP users, this certification provides independent assurance that the platform maintains strong data protection practices and operates with disciplined, continuously monitored controls.

The SOC 2 Trust Services Criteria

SOC 2 audits evaluate a vendor's operational maturity across five core areas known as the Trust Services Criteria:

Security

Ensures systems are protected from unauthorized access through controls such as MFA enforcement, access reviews, and monitoring of privileged activity.

Availability

Assesses whether systems remain reliably accessible, supported by documented uptime practices, recovery procedures, and capacity planning.

Processing Integrity

Verifies that systems produce complete, accurate, and valid data, with evidence of approved changes and controlled deployment processes.

Confidentiality

Evaluates how sensitive information — including API credentials — is stored, encrypted, and restricted based on clearly defined access roles.

Privacy

Reviews how personal information is collected, used, retained, and disclosed in accordance with stated policies.

Together, these criteria define what auditors examine during a SOC 2 review and what organizations expect when evaluating the readiness and reliability of a technology partner.

What the Audit Reviewed at FMP

During the SOC 2 audit, reviewers evaluated how FMP manages and executes key operational controls across the platform. This assessment covered:

• Account provisioning and permission updates
• Multi-factor authentication enforcement
• Credential storage and rotation procedures
• System monitoring and alert escalation
• Incident-response workflows and documentation
• Change-management practices and deployment approvals
• Uptime tracking and recovery processes

Importantly, the auditors did not just review policies on paper — they verified evidence showing that these controls operated consistently throughout the audit period. A SOC 2 Type 2 report reflects ongoing, real-world execution of controls, rather than one-time or theoretical compliance.

What FMP's SOC 2 Compliance Means for Users

FMP's SOC 2 Type 2 certification isn't just an internal milestone — it brings practical benefits to everyday users, developers, and analysts working with our APIs.

Greater Confidence in Platform Security

You can trust that your API keys, login credentials, and account data are protected under independently verified security standards.

Predictable Platform Behavior

Availability and processing-integrity controls help ensure stable, consistent data delivery. This supports day-to-day workflows such as research, scripting, dashboarding, and academic or personal projects.

Smoother Troubleshooting and Documentation

If you ever need to document how your tools connect to FMP, our SOC 2 report provides clear, third-party validation of how our systems operate behind the scenes.

What SOC 2 Compliance Means for Enterprise Partners

For organizations using or evaluating FMP as a data vendor, SOC 2 provides the verification needed to meet internal security, risk, and procurement standards.

Reduced Vendor-Risk Concerns

SOC 2 gives risk and compliance teams audited evidence of how access is governed, how credentials are protected, and how systems are monitored.

Shorter Procurement and IT-Security Review Cycles

Verified controls around authentication, monitoring, and operational discipline remove many follow-up questions typically required during onboarding.

Confidence in Integration Stability

Change-management controls, defined deployment windows, and availability commitments support predictable API behavior within governed enterprise environments.

Support for Strict Security Requirements

SOC 2 compliance helps organizations that must meet internal audit standards, regulatory expectations, or formal vendor-risk frameworks.

A Foundation, Not a Substitute, for Internal Review

SOC 2 doesn't replace your own evaluation, but it simplifies it by providing a trusted baseline of independently verified evidence.

FMP's SOC 2 compliance gives enterprise teams a dependable baseline for evaluating security, governance, and integration readiness. With audited controls and predictable operational practices already in place, internal reviews move faster and with far fewer uncertainties. For organizations exploring FMP's enterprise capabilities and how we can support secure, scalable data workflows, this certification reinforces the level of trust and reliability built into the platform.

Building on a Verified Foundation of Trust

Becoming SOC 2 Type 2 compliant reinforces FMP's ongoing commitment to secure, dependable, and transparent data operations. The audit validates that our systems and processes function as intended in real conditions, offering users a clear view into the practices that support the platform every day.

For teams of all sizes — from individual analysts to enterprise integrations — this certification provides assurance that FMP's infrastructure meets widely recognized standards for security and reliability. It serves as a stable foundation for whatever you choose to build, analyze, or integrate next.

Frequently Asked Questions

What is SOC 2?

A security and operations auditing framework created by the AICPA that verifies whether a company maintains strong controls across security, availability, confidentiality, processing integrity, and privacy.

What type of SOC 2 report does FMP have?

FMP is SOC 2 Type 2 compliant, meaning the controls were evaluated over an extended operating period.

Does SOC 2 guarantee there will be no incidents?

No. It verifies that prevention, detection, and response processes are documented and tested.

Why is SOC 2 important for API-driven platforms?

Because API credentials, uptime, and change management directly depend on the strength of operational controls — all of which SOC 2 validates.

How can customers access the SOC 2 report?

It can be requested through your FMP account representative and is shared under NDA.