Nacio Completes SAS 70 Type II Audit; Northern California Hosting Company Undergoes ''Real-World''-Scenario Systems and Controls Testing.NOVATO, Calif. -- Nacio Systems, an Enterprise hosting and development company located in Marin County, California Marin County (IPA: /məˈrɪn/) is a county located in the North San Francisco Bay Area of the U.S. state of California, across the Golden Gate Bridge from San Francisco. As of 2000, the population was 247,289. , today announced that independent auditors completed a SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. 70 Type II certification of its facility and business continuity controls. A SAS 70 Type II certification is "an opinion by an external auditor The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. about the reliability of the control representation," and Nacio's successful completion of this audit provides its customers with independent assurances that Nacio can actually deliver the levels of business continuity services it claims to provide. According to Mikol Westling, Nacio's VP of Operations: "Many of Nacio's clients are either publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , or providers of hosted and Software-as-a-Service solutions to publicly traded companies. In today's regulatory climate regulatory climate The extent to which a regulated firm or industry is permitted to earn an adequate return on the stockholders' investment. This term is nearly always used in reference to utilities, which are required to obtain approval for rate changes. , publicly traded companies have to certify the design and effectiveness of their internal controls environment as required by legislation such as the Sarbanes-Oxley Act See SOX. , and their suppliers must also meet these same standards. Our SAS 70 Type II certification verifies that we have the controls in place to help ensure our client's legal compliance and business continuity requirements. "As a provider of web, application, e-commerce and other mission-critical enterprise hosting services, our SAS 70 gives clients the assurance that Nacio's business continuity systems -- security, power failover, server and data redundancy, and internal financial and communications controls -- are in place and function as intended." Nacio is located in Novato, California and delivers centralized IT solutions to corporate clients, supporting their business operations with highly-secure managed hosting, and hosted enterprise applications that include e-commerce, content management, software auditing and customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ). The company's development group provides custom application development services, and professional services around its third-party software offerings. |
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