City Financials Completes SAS 70 Type II Audit

City Financials are pleased to announce its SaaS delivery mechanism for its leading Treasury Management System eTC has successfully completed a SAS 70 Type II audit on the operations of its data centers and managed hosting services. The Statement on

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City Financials are pleased to announce its SaaS delivery mechanism for its leading Treasury Management System eTC has successfully completed a SAS 70 Type II audit on the operations of its data centers and managed hosting services.

The Statement on Auditing Standards No. 70 (SAS 70) for service organizations is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. City Financials SAS 70 Type II audit provides clients with independent third party validation that the control activities are suitably designed to meet specified control objectives and that they were in place and operating effectively over the audit period.

We are very pleased that our controls meet the SAS 70 type II requirements and give independent verification of our commitment to the quality of our SaaS solution, says Steve Whalley, managing director.

City Financials Treasury Management System eTC is available as traditionally licensed enterprise software with unlimited user licences or on a SaaS basis using our data centers on a per user basis. Both software delivery mechanisms have an identical breadth of functionality and ease of use.

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