CoreSite Announces Completion of SSAE 16 Examination for All 14 North American Data Centers
CoreSite Realty Corporation (NYSE: COR), a national provider of powerful, network-rich data centers, today announced the company has completed Statement on Standards for Attestation Engagements (SSAE) 16 Type 2 examinations covering 14 operational data centers. SSAE 16 provides CoreSite data center customers with assurance of corporate controls and validation of CoreSite's commitment to the most stringent standards of operational excellence. BrightLine, a licensed CPA firm, conducted the CoreSite SSAE 16 examinations over the twelve-month period that ended June 30, 2012. Additionally this is the second year that CoreSite has achieved greater than “six nines” of availability (99.9999%) across its North American facilities, having first achieved this designation in 2011 and again in 2012.
SSAE 16 is an attestation standard issued by the American Institute of Certified Public Accountants (AICPA) that reports on CoreSite controls supporting the services provided to customers. CoreSite management developed internal control objectives to support first-class data center management services that were used to complete the audit. Companies that are compliance-sensitive and may require an SSAE 16 include publicly-traded enterprises, financial firms, and healthcare organizations. The SSAE 16 examination report includes management's description of CoreSite's systems and the suitability of the design and operating effectiveness of the controls. Further, the report contains a written assertion from management regarding the systems and a services auditor's opinion letter.
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