BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has successfully achieved the recertification of the ISO22301:2019 certification for business continuity management systems, reflecting the company’s high standards in the field of BCM with 0 Non-Conformities (NCs) The successful recertification reaffirms BENEFIT’s ability to serve its clients and partners within the financial industry, as well as corporates and SMEs from all sectors.
BENEFIT has developed a BCM system according to the ISO22301:2019 framework since 2019 and was the first establishment in the Kingdom of Bahrain to complete the transition to the new audit standard ISO22301:2019 in April 2021. This recertification highlights the company’s ongoing commitment to preserving a strong technical infrastructure, promising a seamless user experience, and providing uninterrupted services in the face of unforeseen circumstances.
ISO 22301:2019 is a rigorous third-party independent assessment of the international standard for Business Continuity Management (BCM) which is designed to help organizations prevent, prepare and respond to unexpected and disruptive events. The certification, with its comprehensive approach to business continuity requirements, is recognized throughout the world.
Mohamed Al Alawi, Assistant Manager, Business Continuity Management stated, “This reflects our continuous strive in raising our benchmark and our commitment towards protecting our clients and partners. BENEFIT held several extensive exercises along with conducting a business impact analysis across several departments to put strategies in place tied to the ISO22301:2019 framework. At BENEFIT, we believe that a resilient organization is one that can change and progress with the times, and puts in place a plan to mitigate and respond to risks. Our investments in our people, processes, and technology have allowed us to sustain a strong technical backbone, exceptional business continuity, and a seamless user experience.”
Al Alawi added, “our successful recertification is a testament to the diligent effort and dedication of our team and management. We are committed to providing our clients with the highest standard of protection against growing risks and threats. The ISO22301:2019 standard provides a thorough framework for managing these risks, and our team has worked extensively to ensure that we meet and exceed these requirements.”