The control objectives in Agio’s 2012 report addressed each of the following areas: Change Management, Computer Operations, Data Communications, Incident Management and Information Security.
NEW YORK – Oct 19, 2012 – Agio Technology, the provider of superior managed IT services to the world’s premier hedge funds, today announced the recent successful completion of the SSAE 16 SOC 1 certification audit of internal controls. This certification, covering Agio’s service processes and corporate controls, demonstrates Agio’s ability to manage client data in a secure and confidential manner.
In making the announcement today, Lynn Murphy, Agio Technology Compliance Officer, said, “Agio places the highest importance on its responsibility to secure and protect, through stringent controls and procedures, our clients’ sensitive data. The SSAE 16 SOC 1 examination certification further substantiates the model and operational effectiveness of our services. Successfully completing the SOC 1 examination is a significant part of Agio’s continued commitment to maintaining a high level of security and availability for our clients, and underlines our dedication to protecting our, and their, environments.”
About the SSAE 16 (SOC1) Examination
SSAE 16 is a regulatory standard issued by the American Institute of Certified Public Accountants (AICPA). SSAE16 replaces the previous SAS70 auditing standard.
About Agio Technology
Agio Technology provides superior managed IT services to the world’s Premier hedge funds through technology hosting, monitoring, management, disaster prevention & recovery and other high-end technology services. Our infrastructure, people and culture are of one with our hedge fund clients, allowing us to not only be responsive to their needs but, in many cases, anticipate them as well. We provide our investment management and technology executive clients with the comfort to focus on their core competencies knowing Agio has full control of the complex technology services they have entrusted to us.
To continue to earn their trust, we employ rigorous standards around customer service, hiring, training, learning and growth. And seek to mirror the dynamic culture, and the sense of urgency, surrounding a premier hedge fund. Agio Technology is headquartered in New York City, with operational headquarters in Norman, OK and offices in Boston, MA; Dallas, TX; San Francisco, CA; Seattle, WA; London, England and Hong Kong, PRC.
Agio Technology (http://www.agioIT.com)
Matt Matos, 405-217-3823
Tom DeBow, 212-977-8815