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Lucernex Completes SSAE 16 Type II Audit of Cloud Data Centers

Lucernex Technologies, the leading provider of cloud delivered retail IWMS, lease administration and store lifecycle management solutions, announced that it has successfully completed an SSAE 16 Type II audit of its cloud data center operations.

 
PRLog - Jan. 18, 2013 - Lucernex Technologies, the leading provider of cloud delivered retail IWMS, lease administration and store lifecycle management solutions, announced today that it has successfully completed an SSAE 16 Type II audit of its cloud data center operations. This builds on the successful Type I audit completed in late 2011 and further demonstrates Lucernex’s commitment to ensuring a highly secure, high quality service environment for its Cloud-based customers. This is a major accomplishment for Lucernex, making them the only retail focused provider in the industry with Type II compliance.
The audit was performed by Assurance Concepts, LLC. The Type II audit is much more rigorous than a Type I audit as it requires substantial documented proof of compliance for a minimum of six months where Type I simply requires that processes are documented and in place.

SSAE 16, which supersedes the SAS 70 audit standard, was designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about service organization internal controls without conducting separate assessments. “As a provider of SaaS solutions delivered in the Cloud, SSAE 16 Type II compliance ensures all Lucernex products are safely and securely controlled. To our clients it means they can feel safe using our solutions to develop, build and manage their real estate portfolio”, said Joe Valeri, President and COO of Lucernex.

Lucernex also achieved ISO 9001:2008 certification in late 2012, for the second time, a certification focused on continuous quality improvement.

The SSAE Auditors' Report details Lucernex’s controls and provides an independent assessment of operational standards to ensure they are effective for securing and maintaining all client environments.  If you are interested in learning more about Lucernex’s SSAE 16 Type II compliant products, please call 972.403.7100 or email sales@lucernex.com.

About Lucernex

Founded in 2000, Lucernex Technologies provides retail real estate professionals with powerful cloud-based solutions to manage the store lifecycle. All Lucernex solutions were designed “by retailers for retailers” and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the corporate real estate, hospitality and retail industries use Lucernex Technologies solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.

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Source:Lucernex Technologies
Location:United States
Industry:Retail, Software
Tags:Lucernex, Lucernex Technologies, Store Lifecycle Management, Retail IWMS, lease administration
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