Delta 360 Inc. Receives CICA 5970 Accreditation for 2009
Posted by Bill Rudzitis
MARKHAM, ON, December 21, 2009
Derek Cook, Delta 360 Inc. President, is pleased to announce that Delta 360’s hosted mortgage services have successfully passed a CICA 5970 audit for the controls over its Software as a Service (SaaS) operations and information technology infrastructure.
The scope of this audit included Delta 360’s entire LMS360 Mortgage Servicing Suite of products. This product suite provides mortgage processing functionality covering mortgage funding, servicing, municipal tax administration & processing, retention management, payables processing and securitization & investor administration. The audit was undertaken to ensure compliance with the standards set out in the Canadian Institute of Chartered Accountants (CICA) handbook, Section 5970 – Audit Reports on Controls at a Service Organization. Under the CICA 5970 audit, Delta 360’s entire SaaS operation was examined and compliance to each of the following was reviewed and reported on: administration and organization, software development, change management, security and operational controls.
Derek Cook comments: “Adherence to CICA 5970 standards was a key objective for Delta 360 and provides additional assurance to our clients that our services, and their assets and information, are properly safeguarded against error, and are securely managed. This OSFI requirement is something that provides Delta 360’s clients with an extra measure of confidence in our SaaS operations. With Delta 360 holding such a pivotal position in the daily operations of our clients, the standards and controls we employ are critical to ensuring that technical infrastructure, security, and operational objectives are constantly adhered to.”
About Delta 360
Delta 360 is focused on delivering superior mortgage technology solutions to the Canadian financial industry. We are revolutionizing the mortgage servicing technology space by combining workflow, scoring and document management technologies, with a robust and highly configurable loan servicing platform. In addition to the implementation services that we provide for our solutions, we provide IT strategies, infrastructure implementation, custom development, and project management. Combining our financial industry knowledge, with our experience in successfully delivering advanced mission critical solutions, positions us well as a premier solutions partner for any financial institution. For more information about Delta 360 Inc., visit www.delta360.com
Delta 360 Inc.