As the leader in tax information reporting, Convey intends to continue to invest heavily and lead by example through certified information security processes and procedures.
Plymouth, MN (PRWEB) April 22, 2009
Convey Compliance Systems, the market leader in on-demand tax information reporting services, announced its approved registration to the ISO27001 international standard for information security for the second straight year.
Convey processes millions of 1099s and other tax forms for some of the largest financial services organizations in North America, including Sun Life Assurance Company of Canada U.S. (Sun Life) and Metropolitan Life, through its web-based service solutions. Successful registration to the standards set out in ISO27001 demonstrates strict adherence to best practices around data security management. The ISO27001 standard "provides a model for establishing, implementing, operating, monitoring, reviewing, maintaining, and improving an Information Security Management System."
Bruce Mollar, Sun Life's senior tax manager said that Convey's solutions meet their stringent security standards. "Vendor software has to be able to meet the standards set by our Enterprise Security Testing team," Mollar said. "Convey's protocol provides security for the tax department, knowing that client data is stored in a secure place."
While the number of certified North American registrants to the ISO27001 standard increased by over a third in the last year, indicating its rise in importance throughout the industry, Convey's continued certification puts the company in an elite class of fewer than 100 organizations in the United States.
Since Convey began offering of on-demand solutions, the organization has always recognized the importance of privacy and security around client tax information -- this importance is only magnified as more instances of data breaches occur throughout the United States.
"ISO registration is part of our company's fabric as we continue to maintain and exceed best practices from a security standpoint," said Brian Provost, Convey's President and CEO. "As the leader in tax information reporting, Convey intends to continue to invest heavily and lead by example through certified information security processes and procedures."
Convey Compliance Systems reduces both the costs and risks associated with handling 1099 reporting at both the federal and state level. Clients depend on Convey's innovation and expertise to assure tax compliance while handling the complexities of reporting and filing tax documents on behalf of customers, vendors and investors. Convey's solutions combine over 20 years of expertise in 1099 reporting with configurable on-demand software and operational services, all designed to reduce costs, increase efficiency and mitigate risk.
Founded in 1986 and headquartered in Plymouth, Minn., Convey serves clients ranging from small businesses processing hundreds of forms to Fortune 500 companies. For more information, visit http://www.convey.com.