“Because Type I compliance came so early in the process of bringing their new facility online, NYI was able to achieve full compliance sooner. Such proactivity is evidence of NYI's high service standard." -- Todd Stephenson, KirkpatrickPrice, LLC
New York, NY (PRWEB) July 1, 2010
NYI (http://www.nyi.net), recently named the top hosting provider for May 2010 by network data analysts Netcraft, today announced it has received a Statment on Accounting Services (SAS) No. 70 Type II auditor's report, an announcement that assures its customers are protected by the most current international industry standards for service providers to protect customer data, as put forth by the American Institute of Certified Public Accountants (AICPA).
A SAS 70 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. NYI’s audit was conducted by the auditing firm KirkpatrickPrice, LLC, who also issued a favorable opinion of the company’s controls as part of its Type I audit back in December 2009.
“NYI's Bridgewater facility, located at 999 Frontier Road, has now completed the SAS 70 Type II audit,“ said Todd Stephenson, SAS 70 Specialist, KirkpatrickPrice, LLC. “Because Type I compliance came so early in the process of bringing their new facility online, NYI was able to achieve full compliance sooner. Such proactivity is evidence of NYI's high service standard."
"The SAS 70 attestation is about more than compliance," said Phillip Koblence, VP Operations, NYI. "It is a starting point, not an end, for any service provider who seeks to deliver excellence. At NYI, our standards for internal processes go well beyond industry standards to include acknowledgement of organizations like Netcraft, but most importantly, the glowing testimonials of our customers, many of whom have been with us since the very beginning."
NYI has been serving the financial services industry for the past 14 years. This week, it announced NYI X-Connect, a new platform that allows NYI customers immediate, customizable access to more than 20 top markets, including New York, New Jersey, Frankfurt, Singapore, Hong Kong, Chicago and Toronto. For more information, visit http://www.nyix.net.
Established in 1996, NYI is headquartered in the heart of the Wall Street area and owns and maintains its own data centers, including 999 Frontier, a newly opened 40,000 square foot facility in Bridgewater, New Jersey. The company's core services include colocation, dedicated servers, web and email hosting, and managed services, as well as turnkey disaster recovery and business continuity solutions from its Bridgewater location. With high-bandwidth connectivity partners AboveNet, Verizon Business, Optimum Lightpath, and AT&T, NYI specializes in mission-critical data services for the financial services industry, in addition to customers from a broad range of industries, including media, law, fashion, architecture, and real estate. For more information, visit http://www.nyi.net.
About KirkpatrickPrice, LLC
KirkpatrickPrice 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.
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