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Local Real Estate Technology Company Achieves SSAE Compliance

Cambridge, ON (July 17, 2013)

Lone Wolf Real Estate Technologies, the North American leader in Real Estate brokerage software and services, has achieved Statement on Standards for Attestation Engagement (SSAE) No. 16 Type II compliance from BDO Canada, a leading accounting and advisory firm.

As a leader in the Real Estate technology industry, Lone Wolf has built its business for more than 24 years, proactively looking to rise to the highest level of operational and infrastructure excellence. This achievement reinforces Lone Wolf's commitment to growth and its stance as a leader in the software as a service (SAAS) industry.

"The importance of protecting the integrity of our client's data is a top priority," says Dave Furness, Vice President of Operations at Lone Wolf. "In a world where software companies come and go on a regular basis, this certification reinforces Lone Wolf's commitment over the past 24 years to internal controls, data security and protection for our clients. In other words, our client’s data is, and has always been, in safe paws."

The SSAE 16 is the new standard for reporting on controls at a service organization whose business impacts the internal control over financial reporting (ICFR). It comes in three different levels, SSAE 16 (SOC 1), SOC 2 and SOC 3. SSAE 16 replaced the old Statement on Auditing Standards No. 70, better known as SAS 70 and is a requirement for compliance with the new standards. SSAE 16 represents the adoption of more globally accepted accounting principles for service organizations.

Lone Wolf's SSAE 16 Type II certification further solidifies its commitment to the highest standards in operational excellence for its client base of more than 9,800 Real Estate offices across North America. The certification means Lone Wolf’s technology solutions and internal processes and procedures meet or surpass the highest ratings of the SSAE 16 standards for physical security, environmental controls, risk assessment, monitoring, information and communication, and control activities.

Lone Wolf's brokerWOLF back office management solution is the leading back office software in the Real Estate industry. As a tool used by more than 55% of the top 100 ranked Real Estate offices in the United States and 94% of the top 100 ranked offices in Canada*, the SSAE 16 certification reinforces the value of Lone Wolf’s products and services to the Real Estate industry.

* As ranked in the 2013 REALTrends 500 and the REALTrends Canadian 250

About Lone Wolf Real Estate Technologies

Lone Wolf Real Estate Technologies Inc. is the North American leader in Real Estate solutions and services with over 9,800 offices utilizing their fully integrated product lines. Lone Wolf’s Complete Enterprise Solutions is comprised of its core products and services – brokerWOLF back office management solution, WOLFconnect front office management solutions, globalWOLF website solution, mobileWOLF mobile solution, WOLFmedia ad revenue generation service, WOLFwatch accounting service and Lone Wolf’s newest service specific to the agent marketplace, agentWOLF. The Complete Enterprise Solution is ideal for Real Estate offices looking to seamlessly manage their data from the back office to the front office to brokerage and agent websites, providing a single point of entry for data, significant time savings and profitability opportunities. The Complete Enterprise Solution is an invaluable component of a successful Real Estate brokerage. Lone Wolf has offices in Cambridge, ON, Langley, BC, Las Vegas, NV and Show Low, AZ. For more information please visit www.lwolf.com.

 
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