For us, SAS 70 certification confirms what our customers, particularly those in the financial services industry, have known for years - NYI delivers to the highest possible standard.
New York, NY (PRWEB) September 15, 2009
The New York Internet Company (NYI), who last week broke the news of the late Q4 launch of a 40,000 square foot data center in Bridgewater, New Jersey, today announced that it has received a SAS 70 Type II auditor's report, an announcement which assures that its customers are protected by the most current standards put forth by the American Institute of Certified Public Accountants (AICPA).
A Type II report includes the service organization's description of controls as well as the detailed testing of the service organization's controls over a minimum six-month period. New York Internet's audit was conducted by the auditing firm SAS 70 Corp., who also issued a favorable opinion of the company's controls as part of its Type I audit back in January 2009.
"With this report, the New York Internet Company has successfully completed SAS 70 certification," said Damon Sullivan, Managing Partner at SAS 70 Corp. "The SAS 70 process assures that, as a service organization, NYI excels at the five elements of internal control - Control Environment, Risk Assessment, Control Activities, Information/Communication and Monitoring."
Added Phillip Koblence, Vice President, The New York Internet Company, "For us, SAS 70 certification confirms what our customers, particularly those in the financial services industry, have known for years - NYI delivers to the highest possible standard."
This year, NYI customers will conduct billions of dollars in transactions utilizing the company's top-tier facilities. Leaders in education, government and healthcare, as well as finance, trust NYI's managed services and colocation solutions to minimize internal costs while adding to the bottom line.
More information about SAS (Statement on Auditing Standards) No. 70 may be found at: http://www.aicpa.org.
To find out how NYI can help your organization, visit: http://www.nyi.net.
About New York Internet
Established in 1996, New York Internet is located in the heart of the Wall Street area and owns and maintains its own data centers. The company's core services include colocation, dedicated servers, web and email hosting, as well as managed services. Given its location, New York Internet specializes in data services for the financial services industry, but also has customers in a broad range of industries, including media, law, fashion, architecture, and real estate. For more information, visit http://www.nyi.net.
About SAS 70 Corp.
SAS 70 Corp. is a licensed CPA firm, registered with the Public Company Accounting Oversight Board. By specializing in SAS 70 audit services, the firm offers efficient expertise with relevant skills and qualifications for engagements governed by the Statement on Auditing Standards No. 70. The firm's employees are certified with CPA, CISA, CISSP and other certifications critical to the audit process. For more information, visit http://www.sas70online.com.
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