Tamarack Technology, a provider of artificial intelligence (AI)-based automation and business intelligence software designed for the equipment finance industry, has successfully obtained SOC 2 Type 2 compliance for its Tamarack AI Product Suite and the protection of client data. The audit was conducted by the Twin Cities-based CPA firm LB Carlson.

“We understand the importance of data security and privacy for our clients,” Scott Nelson, president and chief technology officer at Tamarack Technology, said. “Achieving SOC 2 Type 2 compliance reflects Tamarack’s commitment to ensuring the security of our clients’ and their customers’ data. With stringent policies and procedures to safeguard data security and integrity, clients can focus their attention on using their data for business intelligence and applying AI tools to their data to increase productivity, reduce operational costs, better manage risk and gain competitive advantage.”

Tamarack earned SOC 2 Type 1 compliance in December 2022. The company began the compliance review process for Type 2 in May 2023, and the audit was conducted by the CPA firm in April 2024. The final report from LB Carlson was issued in June 2024.