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 firstname.lastname@example.org.
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.