FINANCIAL SERVICES DEMAND SOME OF THE
Risk Management
Faastech works proactively to manage risk across the platform:
FINANCIAL RISK
We reduce financial risk by maintaining transparent processes for credit, funding, and reporting. Seller and partner integrations are automated and controlled, ensuring reliable capital flows and accurate accounting. Long industry experience provides the discipline needed to protect both vendors and financing partners.
LEGAL RISK
Legal frameworks, contracts, and compliance are central to Faastech’s operations. We use NDAs, clear seller and partner agreements, and strict data protection practices to safeguard business relationships and customer trust. Our proactive legal governance ensures compliance with European regulations across all markets.
TECHNICAL RISK
Faastech reduces technical risk by building on a serverless, API-first architecture with no technical debt.
Each seller and partner operates in its own secure tenant, ensuring strict data separation and compliance.
GDPR is fully embedded in system design and processes, protecting customer, seller and partner data across all markets.
Continuous monitoring, testing, and auditing strengthen resilience, while our target of ISO 27001 certification in 2026 underlines Faastech’s commitment to world-class information security.
OPERATIONAL RISK
Faastech minimizes operational risk through clear governance, structured procedures and strict confidentiality practices.
Employment NDAs, partner agreements and knowledge-control processes ensure compliance and consistency.
Backup and escrow routines safeguard continuity, while ISO 9001 certification targeted for 2026 will further strengthen quality and operational control as the platform scales.
Escrow and Backup
Operational resilience includes in-escrow and backup procedures, embedded into our development and delivery model. Depending on seller and partner needs
FAASTECH SUPPORTS:
Single escrow — setup with one beneficiary.
Multiple escrow — setup with several beneficiaries for redundancy.
Data backup — export, synchronization, or recovery of customer data at any time.
Compliance, Security and Scalability
COMPLIANT
Faastech runs on platforms aligned with GDPR, SOC I & II, and ISO/IEC 27001. Our security and data handling support European regulatory expectations, including DORA, enabling sellers and partners to trust legal and technical standards day one.
SAFE
We provide enterprise-grade security with multi-factor and step-up authentication, one-time authorization codes, and SSL encryption. All interfaces — user and API — support Single Sign-On (SSO) with Entra ID for secure and seamless access.
