Sterling Commerce announced that its Sterling Information BrokerSM product has passed the SAS 70 Type II (Statement of Auditing Standards Number 70) audit. This is a key certification for Sterling Commerce as it addresses the demands of Section 404 of the Sarbanes-Oxley Act, requiring service providers to have proper controls and processes in place when managing customer information. The SAS 70 Type II assurance confirms that the Sterling Information Broker infrastructure has passed rigorous third-party testing and that it has strict processes in place relating to security, application development, communications, customer service and disaster planning – all integral to the mandatory requirements of Sarbanes-Oxley.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.