OATI Passes Sixteenth Consecutive Exam SOC 1 | New


MINNEAPOLIS, November 17, 2021 / PRNewswire-PRWeb / – The OATI is pleased to announce the successful completion of the Type 2 Service Organization Control (SOC) attestation issued under the Declaration of Attestation Commitment Standards No. ° 18 (SSAE 18) for 2021 – our 16th consecutive success in the external audit of OATI controls and processes for a service organization.

Schellman & Company, LLC performed a SOC 1 Type 2 review covering the period of 01 October 2020September 30, 2021, who assessed the OATI’s description of our service organization’s system based on the adequacy of the design, operational effectiveness of the controls to meet the objectives of the user entity description and control over the financial information. The description of the OATI system was deemed sufficient to achieve the objectives and operational efficiency set out in the description.

“It is vital for our customers that we continue to meet strict industry compliance standards and ensure transparency in our systems,” said OATI President and CEO Dr. Sasan Mokhtari. “Our reputation as a trusted name in the energy industry stems from our commitment to compliance. “

About OATI

OATI provides innovative solutions that simplify, streamline and strengthen the operational tasks required in today’s energy trading and smart grid. Serving more than 2,200 clients in North America, OATI successfully deploys and hosts a variety of mission-critical solutions that meet industry standards and strict security guidelines.

OATI (http://www.oati.com) is a leading provider of smart grid products and services, energy trading and risk management, transportation planning, congestion management, distribution and market management. OATI is headquartered in Minneapolis, Minnesota, with offices in California, Punjab, Telangana and Singapore. For more information, please contact [email protected]

Media contact

Jerry dempsey, OATI, 763.201.2000, [email protected]

OAT SOURCE


Comments are closed.