Acclaris Passes SSAE 16 Compliance Audit

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More Comprehensive and Expansive than SAS 70

Acclaris passed its latest SSAE16 audit without a single exception.

Acclaris (http://www.acclaris.com) a leader in enabling health plans, TPAs, banks, and others to transform the way they offer and administer consumer-driven health (CDH) and reimbursement accounts, announced today that it passed its latest SSAE16 audit without a single exception.

SSAE 16, or the Statement on Standards for Attestation Engagements no. 16 (SSAE 16) is the “attest” standard put forth by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA). It essentially replaced the Statement on Auditing Standards no. 70, simply known as SAS 70. Acclaris has submitted to these compliance standards since 2004.

Subhadip Chatterjee, senior vice president of information technology for Acclaris said, “I am very pleased with the team effort that went into achieving this SSAE 16 compliance. It means that when it comes to hosting our client’s data, Acclaris is able to meet and exceed all security, compliance and safety-related requirements for controls and safeguards.”

According to Roger Eitner, CISA, information security manager for Acclaris, “SSAE 16 represents a migration toward a more globally accepted accounting standard. It requires a description of our ‘system’, which is considered to be more comprehensive and expansive than that of the SAS 70 requirement to describe ‘controls’.”

Acclaris supports all account based health plans such as HSA, FSA, and HRA on a single platform. Also supported are VEBA, commuter services, exchanges, tuition reimbursement, retiree HRA and other specialized accounts. Through its clients, Acclaris serves more than 1.8 million active account holders.

About Acclaris, Inc:
Through our clients we serve more than 1.8 million active account holders. Acclaris enables our clients to transform the way they offer and administer consumer-driven health and reimbursement accounts, maximizing their revenue and profit opportunity. Our integrated end-to-end operations, consumer focus and true private label approach help our clients increase revenue and lower costs, while delivering market leading CDH products and services under their own brand. Visit our website at http://www.acclaris.com.

Contact
Martin Trussell 813. 873.2020 ext. 1168
Martin(dot)Trussell(at)Acclaris(dot)com

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Martin Trussell

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