ClickSWITCH™, providing Financial Institution Customer Account Management Services, today announced that it has successfully completed a Statement on Standards for Attestation Engagements (“SSAE”) No. 16 Type 2 audit for the period February 1, 2015 through July 31, 2015. An SSAE 16 audit is performed by an independent auditing firm that examines the controls and processes involved in storing, handling, and transmitting data securely. More information about ClickSWITCH™ can be found at www.clickswitch.com.
Completion of the SSAE 16 SOC 1 Type 2 examination indicates that selected ClickSWITCH processes, procedures and controls have been independently evaluated and tested. The examination included ClickSWITCH’s controls related to Physical Security, Computer Operations, Application Change Management, Information Security and Data Communications.
An SSAE 16 examination is widely recognized, as it provides assurance that a service organization has been through an evaluation of their control activities as they relate to an audit of its customers’ financial statements. SSAE 16 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. A Type 2 report not only includes the service organization’s system description, but also includes detailed testing of the design and operating effectiveness of the service organization’s controls. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SSAE 16 reports even more important to the process of reporting on effective internal controls by public companies. The successful completion of the voluntary audit illustrates ClickSWITCH’s ongoing commitment to create and maintain the most stringent controls for the protection and security of its customers’ confidential information.
“We’re excited that we have achieved the highest level of an SSAE 16 audit as this provides the peace of mind about our processes and how we protect client information,” says Cale Johnston, CEO, ClickSWITCH. “In addition, it confirms that the processes and controls we employ are sound and secure.”