With the completion of the SAS 70 Type II audit, QuisLex once again demonstrates market leadership and commitment to maintaining the necessary safeguards to support our client's SOX initiatives.
New York (PRWEB) June 30, 2009
QuisLex, Inc., a premier offshore legal services provider, today announced that it has successfully completed an American Institute of Certified Public Accountants (AICPA) Statement on Auditing Standards No. 70 (SAS 70) Type II audit by a Big 4 Auditor. QuisLex is the first and only pure-play LPO service provider to be recognized as a SAS 70 Type II service provider.
QuisLex provides offshore legal support solutions such as litigation document review, trial preparation assistance, contracts management & M&A due diligence to several Global 500 corporations and Am Law 100 law firms. This added endorsement further reassures QuisLex' clients of its unwavering commitment to the security and confidentiality of their data, and satisfy their ethical obligations in using QuisLex' services.
The SAS 70 Type II report is internationally recognized as the authoritative benchmark of the AICPA against which service providers report control activities and processes to customers and their auditors. The Type II form of SAS 70 examination is the most stringent form; it not only includes the service provider's description of controls related to information technology and security processes, but also includes detailed testing of these controls. The Auditor's Report with an unqualified opinion that is issued by an Independent Accounting Firm differentiates the service provider from its peers by demonstrating the establishment of effectively designed control objectives and control activities.
"By passing the meticulous Big 4 audit, QuisLex sets a new security benchmark for the LPO industry. We are the first pure play LPO to be successfully audited against the SAS 70 Type II standard, as we were the first to be ISO 27001 certified three years ago," said Michel Sahyoun, CTO of QuisLex. "This latest success is a testament to our rigorous processes combined with state-of-the-art technology and a security-conscious team that reassures our clients that their critical data is safe and secure," he added.
"QuisLex has always been committed to helping support our client's Sarbanes-Oxley (SOX) compliance efforts by ensuring the highest levels of security and process controls relating to client data," said Sirisha Gummaregula, COO of QuisLex. "With the completion of the SAS 70 Type II audit, QuisLex once again demonstrates market leadership and commitment to maintaining the necessary safeguards to support our client's SOX initiatives."
QuisLex has focused, since its inception, on creating a quantitative and process driven approach to its security and quality. It was the first in its industry to be awarded both ISO 27001 (ISMS) and ISO 9001 (QMS) certifications, paving the path for the industry to define the standards for security and quality.
QuisLex is a leading offshore legal services company providing specialized services in litigation/antitrust document review, contract management and negotiations, M&A due diligence, real estate and legal/business research, among others. QuisLex is founded by seasoned lawyers from Skadden Arps, Shearman & Sterling and Sidley Austin. QuisLex is certified ISO 9001:2008 compliant for its proprietary quality management system and ISO/IEC 27001:2005 compliant for its information security management system. QuisLex is also EU Safe Harbor self-certified. For more information on QuisLex, visit http://www.QuisLex.com.