The SSAE 16 (SOC 1 Type II) audit is designed to provide SV Colo customers with a level of assurance of corporate controls and has replaced existing SAS 70 audit reports. The Statement on Standards for Attestation Engagements (SSAE) No. 16 addresses a service organization's, such as a data center, internal controls. Issued by the American Institute of Certified Public Accounts (AICPA), it is considered the authoritative guidance standard for service organizations.
SV Colo had previously completed the PCI Compliance and SAS70 Type II audit and updated its standing by engaging in these more rigorous and in-depth audits conducted by an internationally recognized auditing firm. SV Colo's facilities strictly follow internal controls the company developed for data center management services.
SSAE 16 effectively replaces SAS 70 as the authoritative guidance for reporting on service organizations — and is the recognized mark of IT service quality. The SSAE 16 Type I and II certification under SSAE 16 designates that SV Colo delivers reliable and secure operating environments with the proper controls for conducting high-availability data center operations. SV Colo's SSAE 16 Type II audit included SV Colo's full description of systems at its data centers, including technical design and strictly implemented operational and safety controls. An internationally recognized auditing firm has backed this SSAE 16 document with a corresponding opinion letter, effectively agreeing with, and providing its stamp of approval for, the controls that SV Colo developed and strictly follows.
The audit report, produced after a rigorous independent examination of SV Colo's internal controls and processes, demonstrates the reliability, security and operational excellence of SV Colo's data center technology for its customers. SV Colo's SSAE 16 Type II report scope focuses on procedures performed by SV Colo, which are likely to be relevant to its customers' internal controls over financial reporting. The report is intended for use by SV Colo's customers and their auditors.