PWC performs audit of CFT outsourcing services

Center of Financial Technologies has started carrying out external audit of the outsourcing IT services provided to customer banks by the company for their conformity with ISAE 3402 standard*.
The purpose of the certifying audit is examination of IT controls performed by CFT when rendering outsourcing services. The auditor is PricewaterhouseCoopers Russia B.V., one of the world’s leaders in the market of auditing services.
“We think that «non-mandatory audit of outsourcing services and receipt of a respective certificate will be an important factor for our current and prospective customers,” says Andrey Visyuschev, Chairman of CFT Board. “This will further assure our partners that we are a professional company in rendering outsourcing services to credit organizations and that we pay due regard to organizing respective business processes and maintaining the high level of infrastructure security.”

ISAE 3402 International Standard on Assurance Engagements (ISAE) was developed by AICPA international institute.
PricewaterhouseCoopers Russia B.V. renders audit and business consulting services as well as tax and legal services to companies of different business directions. The PwC company network has been engaged in Russia since 1989. Currently PwC comprises over 170,000 best specialists from 158 countries of the world. The company network first appeared in Russia in 1913, and in 1989 it resumed its activities. Over the past years, the company opened its offices in Moscow, Saint-Petersburg, Yuzhno-Sakhalinsk, Kazan, Yekaterinburg, Novosibirsk, Krasnodar and Vladikavkaz.