Achieving SSAE 16 compliance is another level of assurance for our customers that CoreXchange data center facilities operate at the highest level of verified operational controls, procedures, and processes.
Dallas, Texas (PRWEB) January 13, 2012
Leading colocation provider CoreXchange, with multiple Dallas data centers, announced that it has achieved audit compliance with the AICPA’s Statement on Standards for Attestation Engagements (SSAE) No.16, Type II. Over a period of several months, an outside auditor conducted a detailed review of CoreXchange’s operations and processes and determined that CoreXchange met or exceeded the demanding requirements of the SSAE 16 standard.
"CoreXchange customers demand enterprise-class reliability and security," according to Peter Pathos, chairman of CoreXchange. "Achieving SSAE 16 compliance is another level of assurance for our customers that CoreXchange data center facilities operate at the highest level of verified operational controls, procedures, and processes."
SSAE 16 compliance will make it easier for CoreXchange customers to complete their own internal and third party audits, including those conducted under PCI, HIPAA, or SEC standards.
About the SSAE 16 Type II Compliance Standard:
SSAE 16 is an auditing standard superseding the previous Statement on Auditing Standards No. 70 (SAS 70). The SAS 70 has been an operations auditing standard since 1992 and ensures clients and their auditors that service organization control information is reported in an ethical and uniform manner. SAS 70 reports generated by service auditors signal that a service organization has had its control objectives and activities examined by an independent accounting/auditing firm. The new SSAE 16 service auditor report includes a detailed description of service organization controls, an assessment of whether or how controls were placed in operation, if controls were properly designed, and a performance assessment, measuring overall effectiveness.
Additionally, SSAE 16 improves upon the former SAS70 standards by enabling companies to competitively operate internationally, conforming to new international service organization reporting standards under ISAE 3402.
About CoreXchange, Inc.:
CoreXchange’s comprehensive solutions include colocation, high performance network connectivity, Internet access, Dallas disaster recovery, and a business continuity center. Headquartered in the globally recognized Dallas Infomart and led by a highly experienced team of networking engineers and executives, CoreXchange provides services at its enterprise-class data centers or customers’ remote locations, via local loop or metro Ethernet. For more information, visit http://www.corexchange.com.