SSI completes SOC 1 Type 2 examination for 2014

Jersey City, New Jersey – February 2015 Street Solutions, Inc., a privately owned software and services company that develops software for the financial sector with a focus on the secondary mortgage loan market, announced today that it has completed a SOC 1 (Statement on Standards for Attestation Engagements No. 16 (“SSAE 16”)) Type 2 examination covering the period from January 1, 2014 through December 31, 2014.  The examination was performed by 360 Advanced, P.A., a full-service audit and consulting firm that specializes in integrated compliance solutions, including conducting SOC 1 examinations.  SSAE 16, developed by the American Institute of Certified Public Accountants (“AICPA”), is the most widely recognized authoritative guidance that provides service organizations a uniform method for disclosing independently assessed information about the design and operation of internal controls related to their services.  Companies who complete an annual SOC 1 examination are able to demonstrate a substantially higher level of assurance and operationally visibility than those companies who do not. 

The completion of the SOC 1 (SSAE 16) Type 2 examination typifies Street Solutions, Inc.’s continued commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of services provided to its customers.   

The Service Auditors’ Report includes a detailed description of Street Solutions, Inc.’s controls and an independent assessment of whether the controls are placed in operation and suitably designed.  To request a copy of the Service Auditors’ Report, or for any further questions, please contact Sundeep Amrute at sundeep@streetsolutions.com.

About Street Solutions, Inc.

SSI is a privately owned software and services company based in Jersey City, New Jersey, that develops software for the financial sector with a focus on the secondary mortgage loan market.  The SSI client profile includes investment banks, hedge funds, mortgage companies and government entities.  SSI began operations in May of 1999 as a financial technology consulting firm and switched to pure product development in 2003.  In 2008, SSI opened its first hosting facility and began hosting its solutions for clients.