Open Banking Security vs SOC 2

What is the difference between Open Banking Security and SOC 2?

Open Banking Security is a financial services framework applying in the United Kingdom, with 8 controls across 8 domains. SOC 2 is a other framework applying in the United States, with 61 controls across 5 domains. They govern different subjects, so the overlap is limited to the governance requirements they share. The mapping below shows where that is.

Open Banking Security8 controls

SOC 261 controls

Questions people ask about Open Banking Security and SOC 2

What is the difference between Open Banking Security and SOC 2?

Open Banking Security has 8 controls while SOC 2 has 61 controls. Both frameworks address compliance requirements but differ in scope, focus, and applicability. Use our platform to explore the exact control-to-control mappings.

Do I need both Open Banking Security and SOC 2?

Whether you need both depends on your industry, regulatory requirements, and customer expectations. Many organizations implement multiple frameworks simultaneously. Our compliance platform helps you map controls between Open Banking Security and SOC 2 so you can identify shared requirements and avoid duplicate effort.

How do Open Banking Security and SOC 2 controls map to each other?

Our platform maps controls between Open Banking Security and SOC 2 at a granular level. Each mapping shows whether controls are fully aligned, partially aligned, or represent gaps. This helps you prioritize implementation when pursuing both frameworks.

Which framework should I implement first, Open Banking Security or SOC 2?

The best starting point depends on your specific regulatory requirements, industry, and customer demands. Consider which framework is most urgently required by your stakeholders or regulators. Use our free compliance platform to run a gap analysis and determine the optimal implementation sequence.