Jersey City, New Jersey – March – 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. The examination was performed by 360 Advanced, Inc., a full-service audit 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 their 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, suitably designed, and operating effectively. To receive a copy of the Service Auditors’ Report, or for any further questions, please contact Sundeep Amrute at email@example.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 sponsored entities. Founded in 1999, SSI has developed and supported its LMS loan platform for 12+ years, and has offered fully managed cloud solutions for customers since 2008.