“Complying with these global standards provides our customers with cost savings while also reinforcing the value of the people, processes and technology that are at the heart of our SaaS business model.” Hach Hashasian, Senior Director, Misys
London, United Kingdom (PRWEB UK) 7 March 2016
Misys, the leading financial software company, announced today that it has recently completed examinations of the organisational controls covering its FusionCorporate Confirmation Matching Service and Managed Hosting Services.
The completion of the examinations underlines the commitment of Misys to provide its customers and their auditors with information and assurance regarding the controls and safeguards over its hosting solutions. Misys process, procedures and controls were formally evaluated and tested by an independent accounting and auditing firm, Ernst & Young LLP. The examinations included assessing and testing controls related to logical access to systems, programs and data, change management, processing controls, environmental controls, backup procedures and physical security. This is the tenth consecutive year that Misys has obtained a service organisation controls examination covering FusionCorporate Confirmation Matching Service, which now serves more than 1,200 clients, and the sixth year covering Managed Hosting Services in the Software-as-a-Service (SaaS) model.
“By successfully completing AT-801 SOC1 and ISAE 3402 SOC1 examinations, we continue to demonstrate our commitment to meeting the highest industry standards for internal controls in private cloud based SaaS operations,” said Hach Hashasian, Senior Director, SaaS/CMS Technology Operations & Compliance at Misys. “Complying with these global standards provides our customers with cost savings while also reinforcing the value of the people, processes and technology that are at the heart of our SaaS business model.”
A SOC1 examination is widely recognised and indicates that a service organisation has been through an evaluation of its internal control activities relating to an audit of the financial statements of its customers. The reports not only include the description of the service organisation’s systems, but also included detailed testing of the design and operating effectiveness of that service organisation’s controls.
For further information please contact:
Senior Director, Communications
T : +44 (0)20 3320 5021
E : Nicola.Hamilton(at)misys(dot)com
Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, capital markets, investment management and risk solutions available on the market. With more than 2,000 customers in 130 countries our team of domain experts, combined with our partner eco-system, have an unparalleled ability to address industry requirements at both a global and local level. We connect systems, collect data and create intelligent information to drive smarter business decisions. To learn more about how our Fusion software portfolio can deliver a holistic view of your operations, and help you to solve your most complex challenges, please visit http://www.misys.com and follow @MisysFS on Twitter.