March 23, 2017 (PRWEB) March 23, 2017
Minneapolis, MN: OATI is pleased to announce the successful completion of OATI webCARES WEQ-012 Business Practice Standards compliance audit. OATI’s third-party auditing firm, Schellman & Company, LLC (SCLLC), formerly BrightLine, examined OATI webCARES for compliance with the NAESB WEQ PKI for ACA standards and the NAESB Accreditation Requirements for ACA Business Practice Standards. After a thorough examination, conducted in accordance with Standards established by the American Institute of Certified Public Accountants, SCLLC concluded that OATI webCARES is in compliance with the WEQ-012 Business Practice Standards.
The WEQ-012 Business Practice Standards were developed with the input of multiple industry participants through the NAESB standards drafting process in order to establish PKI cyber security standards for use in commercial transactions. The WEQ-012 Business Practice Standards set forth specific qualifications that must be met in order to be recognized as an ACA that is qualified by NAESB to provide PKI services.
Dr. Sasan Mokhtari, President and CEO of OATI stated, “This certification demonstrates our continued commitment to the highest cyber security standards in the industry.”
OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,800 customers in North America, OATI successfully deploys large, complicated, and diverse mission critical applications committed to industry standards and stringent NERC CIP guidelines.
OATI (http://www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with an office in Redwood City, California. For more information, please contact sales(at)oati(dot)net.