ValueMomentum Receives SSAE Certification and Sets Benchmark for Data Security in the Insurance, Healthcare & Financial Services Industry

ValueMomentum announced today that it has received SSAE-16 Certification, a universal standard established by the American Institute of Certified Public Accountants (AICPA) for financial institutions to protect the privacy of consumer information.

Hyderabad, Andhra Pradesh, INDIA

ValueMomentum announced today that it has received SSAE-16 Certification, a universal standard established by the American Institute of Certified Public Accountants (AICPA) for financial institutions to protect the privacy of consumer information. The AICPA issued the SSAE-16 standards to ensure the security and confidentiality of customer data; to protect against threats to the security and integrity of customer data; and to prevent against unauthorized access to customer data.

“The infrastructure and process delivery framework align with U.S. regulatory requirements. We are a SSAE 16 – SOC 2 certified company,” said Ravi S. Rao, President, Asia Pacific, ValueMomentum, adding,“Earning SSAE Certification is a rigorous process and the requirements are stringent, but data security is critical in this business. Data is anInsurance, Healthcare and Financial Services organization’s most valuable, and potentially most vulnerable, asset. A breach in its security can have devastating effects on the organization, its reputation and its customers. SSAE Certification is ValueMomentum’sway of proving to our customers that their data is secure with us.”

The SSAE Certification process is extensive, requiring documentation and verification of policies, processes and procedures that cover: operations, environment, risk assessment, monitoring, communication, information systems and controls.

As part of the audit, a number of operating controls related to ValueMomentum’s internal policies were examined. These controls include: environment security, backup and recovery, computer operations, data communications and transmission, application development, change management, disaster recovery preparedness, support operations, and more. The audit found all items to be in compliance.

About ValueMomentum

ValueMomentum provides Technology Services & Business Software to Insurance, Financial Services and Health Payor firms. Our Customers like working with us because we deliver value to their initiatives, thereby, driving their momentum. ValueMomentum does this by applying a time-tested formula of combining strong technology expertise with deep Insurance industry experience.

Headquartered in South Plainfield, NJ, ValueMomentum has world class delivery centers in South Plainfield, NJ and Hyderabad, India. There are additional Client Services and Business Development offices in Chicago, IL, Sunnyvale, CA and Hyderabad, India.

Media Contacts:
North America:
Abhijeet Jhaveri,
ValueMomentum, Inc.
Tel.: +1 (908) 755-0370
Email: ajhaveri@valuemomentum.com

Asia Pacific:
Ravi Rao,
ValueMomentum, Inc.
Tel: +91 (40) 67338419
Email: rsrao@valuemomentum.biz
For more information visit https://www.valuemomentum.com