DataSmart Solutions is pleased to announce that the American Institute of CPAs (AICPA) Service Organization Control (SOC) awarded them the SOC 2 Seal of Excellence. The SOC 2 Report is a rigorous internal audit for service organizations that focus on security, privacy, and confidentiality of customer’s data, and the availability and processing integrity of services offered.
“We are pleased to have received the Seal of Excellence, including the additional criteria of the Type II report,” said Jon Prince, CEO of Data Smart Solutions. “It’s encouraging to know our organization’s system, the suitability of design, and operating effectiveness of controls did so well.”
As more employers adopt wellness practices that include collecting employee data to better assess and project healthcare costs, it is imperative that sensitive information is properly protected. DataSmart Solutions has made it a priority to put in place the necessary policies, procedures, and safeguards to protect the information it stores.
“We take this responsibility seriously, and the results of this audit clearly communicate a strong system of internal controls in our data aggregation and analytics environment,” said Paul Bogumill, founder and president of Data Smart Solutions. “By benchmarking our organization against published principles from a recognized standards organization, both the DataSmart Solutions management team and our customers have visibility into the control environment as well as comfort that the controls were evaluated by an independent third party.”
DataSmart Solutions, LLC, is a leading provider of data warehousing and high-powered predictive analytics for the US healthcare and insurance industries. DataSmart Solutions (aka “DSS”) is based in Montana and operates autonomously from its parent corporation, Leavitt Group (www.leavitt.com), a national insurance broker with headquarters in Cedar City, Utah. For more information on DataSmart Solutions visit www.thinkdatasmart.com.
The AICPA develops standards for audits of private companies and other services by CPAs, provides educational guidance materials to its members, develops and grades the Uniform CPA Examination, and monitors and enforces compliance with the profession’s technical and ethical standards.