SSAE16 SOC-1 Type II Compliance Standard for operational excellence in an IBX data center.

Equinix is SSAE16 SOC-1 Type II Certified

The International Auditing and Assurance Standards Board (IAASB) recently issued the new International Standard on Assurance Engagements ISAE 3402, Assurance Reports on Controls at a Third Party Service Organization. As a result, the American Institute of Certified Public Accountants (AICPA) redrafted the Statement on Auditing Standards SSAE16 guidance around the execution of third-party Service Organization reports:   Statement on Standards for Attestation Engagements (SSAE) No. 16 is an attestation standard put forth by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) that addresses engagements undertaken by a service auditor for reporting on controls at organizations (i.e., service organizations) that provide services to user entities, for which a service organization's controls are likely to be relevant to a user entities internal control over financial reporting (ICFR). 

SSAE16 effectively replaces Statement on Auditing Standards No. 70 (SAS70) for service auditor's reporting periods ending on or after June 15, 2011. Two (2) types of SSAE16 reports are to be issued, a Type 1 and a Type 2.

These revisions of SAS70 represent the first significant modifications to the standard since it was issued nearly two decades ago. SSAE16 is intended to help bring US companies up to date with new international service organization reporting standards, ISAE 3402. This will simplify the process for auditing and reporting on international organizations.

The SSAE16 SOC-1 Type II audit minimizes the need for multiple sets of auditors to separately examine the same set of controls that govern a third party's services.  These standards provide guidance to external auditors on Generally Accepted Auditing Standards (GAAS) in regards to auditing an entity and issuing a report. There are more than one hundred such standards in existence.

The following are the IBXs that are SSAE16 SOC-1 Type II Certified: