Stibo Systems Receives SOC 2 Type I Report
Stibo Systems, a global leader in multidomain Master Data Management (MDM) solutions, has received the SOC 2 Type I report from external auditors. The report is issued by the American Institute of Certified Public Accountants (AICPA) and serves as a third-party testament to the design and quality of the procedures and controls implemented for the company’s Software-as-a-Service (SaaS) offering. “We have proven that we have documented procedures and controls in place. And we have provided evidence that they are used in the best interest of our customers,” says Martin Samuel Nielsen, Chief Information Security Officer of Stibo Systems. “As a Master Data Management SaaS provider, we securely manage our customers’ data to protect their organizations and the privacy of their clients.” Stibo Systems’ customers are primarily asking for cloud solutions. More than 80 percent of the company’s new customers are choosing a Software-as-a-Service master data management solution.