#Japan #Tokyo #Newton Consulting #Simplified Form #FISC Compliance

Newton Consulting's Support for Simple Form

Newton Consulting, a risk management consulting firm based in Chiyoda, Tokyo, has made significant strides in the field of financial security. On November 17, 2025, they publicly shared a case study regarding their collaboration with Simple Form, a SaaS provider that delivers IT solutions to financial institutions. This partnership is noteworthy not only for its focus on compliance but also for its broader implications in the industry.

About Simple Form

Established five years ago, Simple Form specializes in providing IT services to financial institutions, helping them assess the reliability of corporations they engage with. Historically, this evaluation process was cumbersome, often requiring extensive time and resources. To address this, Simple Form has introduced two cloud-based services designed to streamline the corporate assessment process:

1. SimpleCheck: Users can input a corporation's name and receive a qualitative report in just 30 seconds.
2. SimpleMonitor: This tool automatically detects significant changes in corporate risk information.

Both services are backed by detailed data derived from original investigations, showcasing the company’s commitment to comprehensive risk management.

The Importance of Information Security

Given that Simple Form handles sensitive personal data, safeguarding this information is paramount to their operations. Consequently, since its inception in 2020, the company has diligently pursued compliance with ISMS standards and obtained P Mark certification to ensure robust information security. Furthermore, looking towards 2024, Simple Form has established a dedicated security team to bolster its defenses further.

Addressing Compliance Challenges

Simple Form has experienced rapid growth since its founding, and as it aims for further expansion, it recognized the need to strengthen its security measures to secure trust from more financial institutions. Therefore, the company embraced the challenge of achieving compliance with the FISC Safety Standards.

In the initial phase of the project, an external audit was conducted, although FISC does not mandate such audits. Simple Form’s leadership desired an objective assessment to rigorously build a compliant structure. The auditing process began by identifying 110 of the approximately 300 requirements laid out in the FISC Safety Standards (12th edition) that the company needed to fulfill. Compliance experts evaluated internal policies and conducted interviews to assess the existing security framework comprehensively.

The audit revealed that while Simple Form successfully implemented daily security measures, there was a deficiency in the formal documentation of these protocols. In response, the company focused on drafting and documenting security rules and manuals to meet the necessary standards set by FISC. Following these enhancements, they released a report confirming their adherence to the FISC Safety Standards, establishing a solid security framework in the eyes of financial partners.

What are the FISC Safety Standards?

The FISC Safety Standards, formally known as the Safety Standards and Guidelines for Computer System Safety in Financial Institutions, are established by the Financial Information System Center (FISC). These guidelines serve as a framework for financial institutions to develop safe and secure information systems.

Professional Auditing Services by Newton Consulting

Newton Consulting provides a comprehensive auditing service designed not only for financial institutions but also for firms providing IT services to the financial sector. The importance of complying with frameworks like the FISC Safety Standards cannot be overstated. Many organizations struggle with determining their compliance scope and keeping current with evolving standards. Newton's team offers audits based on FISC requirements, assisting clients through to the stage of improvement.

For more information on their services, visit Newton Consulting Services.

About Newton Consulting

Newton Consulting has a strong reputation for aiding a diverse array of clients, including public entities, local governments, and national universities—totaling around 2,100 clients.

For further insights into their work, check out customer case studies.