Citrin Cooperman: Experience-Packed Services for Improved Risk Management

Alexander Reyes, Partner and Financial Services Practice Leader
Innovation continues to fuel the advancement of fintech today, helping firms within the industry stay relevant and profitable through digitalization, coupled with utilitarian technologies such as artificial intelligence, cloud computing, blockchain, and more. However, as desirable as digitalization is for the realization of positive business outcomes, there are several newer, more evolved risks involving malicious activities such as hacking, phishing, and data mining that could disrupt the productivity of companies and damage financial workflows. More importantly, not all organizations possess the resources to actively combat these complex challenges that threaten the privacy and security of every employee and customer across the network.

At this juncture, with over 30 years of experience in the field of risk assessment and cybersecurity, Citrin Cooperman offers full-service business advice for strategic IT risk assessment complemented by a host of holistic cybersecurity, privacy, and risk advisory services. “Protecting a business’s data, systems, and bottom line from threats that exist in today’s complex business environment requires the right partners; and we know who they are in any given industry,” expresses David Roath, partner and Technology, Risk Advisory, and Cybersecurity (TRAC) practice leader at Citrin Cooperman.

The firm is on a mission to help clients focus on what counts: their business. To that end, under its TRAC Practice, Citrin Cooperman provides comprehensive integrated services in the areas of technology, risk advisory, and cybersecurity and privacy services. The company leverages a shared experience of over 40 professionals from both audit, finance and IT realms to advise clients in all aspects of their business and mitigate threat incidents, fill resource gaps, and improve enterprisewide performance. “We help our clients address and overcome various organizational challenges with TRAC, be it developing programs and strategies to enhance internal controls or finding solutions to maximize security against a data breach,” says Alexander Reyes, partner and Financial Services Practice leader at Citrin Cooperman.

Roath believes that controlling one’s cybersecurity should be as seamless as applying the breaks in a car to find balance and drive at the right speed. To ensure that its clients achieve this balance, Citrin Cooperman’s cybersecurity capabilities help clients fortify the security and privacy of an organization’s environment. Ranging from enterprise wide cybersecurity assessments and remediation, technology risk assessment, vulnerability management services to cybersecurity awareness training, Citrin Cooperman's professionals bolster security from the inside out, leveraging penetration testing and assessments to strengthen defenses.
David Roath, Partner and Technology, Risk Advisory, and Cybersecurity Practice Leader
“A number of key stakeholders, internal or external, are frequently looking for comfort around their key business and IT controls,” explains Roath. In doing so, the management can ensure that all business operations are adhering to the various regulatory guidelines, with significantly lower chances of data breaches.

On the risk advisory front, the company continually updates itself on new and changing regulations and helps clients improve their risk, internal control, and compliance posture. It offers experience-packed services for internal audits, Sarbanes-Oxley Act (SOX) compliance, and third-party assurance assessments (SOC 1 and SOC 2 readiness and attest engagements). Citrin Cooperman also supports its clients by assessing their NYDFS 500 and 504 regulatory needs.


We educate organizations and its constituents about the sensitivity of data and how mature they need to be with cybersecurity and privacy controls


Citrin Cooperman’s legacy continues to flourish today, bolstered by intuitive services that have allowed the company to successfully support market-leading enterprises through their risk assessment and cybersecurity challenges. The company helps its clients adopt new technologies seamlessly, costeffectively, safely, and with minimal downtime. “Our service offerings evolve along with players in the industry. We have been able to maintain a close relationship with our clients regardless of the COVID-19 pandemic, which I attribute to our technological prowess,” says Roath. With Citrin Cooperman at the forefront of the fintech service provider market, finance organizations can expect to conduct business without having to worry about their security.

Company
Citrin Cooperman

Headquarters
New York, NY

Management
Alexander Reyes, Partner and Financial Services Practice Leader and David Roath, Partner and Technology, Risk Advisory, and Cybersecurity Practice Leader

Description
Citrin Cooperman is among the largest, full-service assurance, tax, and business advisory firms in the United States, having steadily built its business serving a diverse and loyal clientele since 1979. The company’s mission is to help its clients focus on what counts: their business. To that end, under its TRAC practice, Citrin Cooperman provides the most comprehensive integrated services in the areas of risk, technology, and compliance. The company leverages a massive shared experience of over 40 professionals from both finance and IT realms to advise clients in all aspects of their business to mitigate threat incidents, fill resource gaps, and improve enterprise-wide performance

Citrin Cooperman