News & Events

Generic Network Systems, LLC (GNS) Achieves SSAE 16 SOC 1 Type 2 Audit Certification (Formerly SAS70 Type II)

New York, 02/16/2016 Generic Network Systems, LLC, a global UNIX managed services and hosting provider specializing in Financial Systems Hosting and Management, with offices in New York, San Francisco and Portland OR, is pleased to announce the company's successful completion of the SSAE 16 Service Organization Control (SOC) 1 Type 2 audit. This audit certifies that the policies, communications, procedures and monitoring of controls have been implemented by GNS and tested by Auditwerx a division of Carr, Riggs & Ingram LLC.

"The significance of this certification affirms our commitment to operational, infrastructure, and data privacy best practices," stated Robert Trangmar Managing Director, Generic Network Systems. The audit comprised of a full evaluation of the following:
• Availability
• Change Management
• Customer Support
• Data Backup
• Database Security
• Logical Access
• Network and Systems Availability and Monitoring
• Network Security

The SSAE 16 report affirms GNS's system design and organizational controls meet the exacting standards and industry benchmarks of the American Institute of Certified Public Accountants (AICPA).

"As a private cloud provider to over 150 investment management firms across the globe, GNS makes the security and data integrity of its hosted and managed service a top priority," said Tim Gamble, Senior Vice President. "The SOC 1 is an important examination that GNS has undertaken as part of our continued commitment to protecting our customer's' environments."

This press release was published on 02.16.2016. For more information, please contact the GNS Sales Team.