Sterling Heights, MI – November 08, 2016 – Custom Data Solutions, Inc., a data processing services provider, today announced that it has again completed its SSAE 16 (SOC 1) Type II Audit. This attestation verifies that Custom Data Solutions has the proper internal controls and processes in place to deliver high quality services to its clients.
KirkpatrickPrice, a licensed CPA and PCI QSA firm, performed the audit and appropriate testing of Custom Data Solutions’ controls that may affect its clients’ financial statements. In accordance with SSAE 16 (Statements on Standards for Attestation Engagements), the SOC 1 Type II audit report includes Custom Data Solutions’ description of controls as well as the detailed testing of its controls over a minimum six-month period.
Brian R. Harris, Vice President of Finance, stated, “I am proud to receive this certification on behalf of our team for the third consecutive year. It is a testament to our Company’s commitment to excellence that drives the quality and accuracy of the work we perform for all our clients. Our team translates their deep knowledge of the industry we serve to provide our clients with the strongest level of internal controls to protect their information.”
“Many of Custom Data Solutions’ clients rely on them to protect consumer information,” said Joseph Kirkpatrick, Managing Partner with KirkpatrickPrice. “As a result, Custom Data Solutions has implemented best practice controls demanded by their customers to address information security and compliance risks. Our third-party opinion validates these controls and the tests we perform provide assurance regarding the managed solutions provided by Custom Data Solutions.”
SOC 1 Type II is a reporting on the controls at a service organization that was established by the American Institute of Certified Public Accountants (AICPA). This report is in compliance with the SSAE 16 auditing standards which focus on the controls of a service organization that are relevant to an audit of a user entity’s financial statements. The standard demonstrates that an organization has adequate controls and processes in place. Federal regulations such as Sarbanes-Oxley, Gramm-Leach-Bliley and the Health Insurance Portability and Accountability Act (HIPAA) require corporations to audit the internal controls of their suppliers, including those that provide technology services.
About Custom Data Solutions
Custom Data Solutions is a leading provider of data collection, processing and data warehousing services to the Vending, Foodservice, Fund Raising, Specialty, Micro Market, Office Coffee Service, and Concession channels. They provide best practice solutions that have been applied to the automated collection and processing of their clients’ sales data. This approach gives each of their clients a tremendous competitive edge by providing them with fast and accurate real-time sales information, available 24/7 from anywhere in the world. www.custdata.com
KirkpatrickPrice is a licensed CPA firm providing assurance services to over 400 clients in more than 46 states, Canada, Asia, and Europe. The firm has over 10 years of experience in information security and compliance assurance by performing assessments, audits, and tests that strengthen information security and internal controls. KirkpatrickPrice most commonly provides advice on HIPAA, SSAE 16, SOC 2, PCI DSS, ISO 27001, FISMA, and CFPB frameworks. www.kirkpatrickprice.com.