IXP Corporation Announces Independent Audit Certifying Its System And Security Controls Meet AICPA Standards
PRINCETON, N.J., March 23, 2017 /PRNewswire/ -- IXP Corporation, a prominent national public safety and emergency dispatch provider, announced that an independent audit certified that its system and design of controls meet standards set by the American Institute of Certified Public Accountants (AICPA). The report examined controls relevant to security, processing integrity, confidentiality and privacy.
The SOC 2® Type 1 audit, based on guidelines by the AICPA, was conducted by Hill, Barth & King LLC (HBK), an independent auditor. This type of assessment ensures that client data is effectively safeguarded by IXP's systems and controls, and that industry best practices frameworks are efficiently implemented.
"IXP has built further trust and confidence into its service delivery by obtaining this verification, which attests to the design and operating effectiveness of our controls," said William Metro, chairman and chief executive officer of IXP Corporation. "We have made a substantial commitment to undergo this type of internal assessment with ongoing testing and verification by our independent auditor, to meet the standards established by the AICPA relating to security, trust, and privacy services—assuring our clients that their data and privacy is well-protected."
He added, "This certification is not mandatory; we chose to obtain it to provide our clients with an even higher level of comfort with our partnership, risk management, and service delivery. Knowing that our company's systems and controls have been objectively evaluated by an independent, well-respected third party such as HBK strengthens the level of trust between our clients and IXP."
Michele Harlan, a principal in HBK's Princeton office, said, "A SOC 2 Type 1 audit clearly differentiates IXP from other service organizations that have not obtained this level of trust service verification. This assessment reports on the operational effectiveness of the controls that IXP has in place, thereby providing a significant independent validation of its services."
According to the AICPA, SOC 2 reports are intended for a broad range of corporations that need to understand internal control at a service organization as it relates to security, availability, processing integrity, confidentiality and privacy. The SOC 2 Type 1 reports on management's description of a service organization's system and the suitability of the design of controls.
Based on AICPA guidelines, the reports are intended for use by stakeholders (e.g., customers, regulators, business partners, suppliers, directors) of the service organization. They can form an important part of stakeholder oversight of the organization, vendor management program, internal corporate governance, and risk management processes.
IXP's managed services model for 911 emergency dispatch centers is changing the paradigm for how trustworthy, vital public services are delivered. The hallmark of its services are solutions that are quickly implemented, staffed with highly trained telecommunicators from the local area, and result in significant cost savings to the client. IXP has successfully managed over 10 million 911 calls for service for multiple municipalities throughout the U.S. IXP now receives over 80% of its revenues from recurring long-term managed services, and has grown shareholder value by 85% over the past 12 months.
Blending technology and operations, IXP's services model is based on the evaluation and alignment of four key components: Governance, Operations, Technology, and Facilities. The IXP advantage provides total solution services including integrated assessment, planning, design, and implementation, as well as long-term operation and staffing. IXP's total solution ultimately results in providing more first responders in the field, improves the level of service to the public, and helps to reduce multiple financial burdens and complexities placed on municipalities.
About IXP Corporation: IXP Corporation (www.ixpcorp.com) provides public safety ideas, experience, and long-term partnerships to municipalities, colleges, universities, and hospitals nationwide. Headquartered in Princeton, N.J. with a nationwide base of clients, IXP is the market leader for 911 managed services, and the go-to company for tackling the toughest challenges in public safety.
IXP – Ideas, eXperience, Partnerships in 911
SOURCE IXP Corporation
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