PROVIDENCE, R.I. — Andera Inc. has passed muster with independent examiners who conducted an SAS70 Type II audit at the provider of integrated account opening tools.
The auditors from McGladrey & Pullen visited in March and evaluated Andera's internal control policies and procedures for protecting customer data.
SAS70 (Statement on Auditing Standards No. 70, Service Organizations) is a set of internationally recognized auditing standards used to assess the internal controls of a service organization.
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"We're thrilled to have completed our SAS70 Type II audit with such positive results," said Charlie Kroll, CEO of Andera (www.andera.com), whose client list includes dozens of credit unions.
A total of 12 interfaces with widely used core processing systems are now available and the company also released in 2006 an XML-based Web services interface to allow any third party to integrate with Andera's account opening platform.
The company also offers cross-selling tools and a platform which combines third-party risk, credit, debit and compliance data interfaces into a single decision model.
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