According to the company, its Hosted Data Analytics and Audit (HDAA) platform utilizes secure transfer mechanisms to retrieve data from client information systems.
The technology is capable of connecting to and analyzing a wide range of data types from many different packaged and homegrown applications. Once the data is retrieved, it is consolidated and scrubbed, then analyzed using ACL AuditExchange. Control Solutions audit professionals then review the identified exceptions and issues and provide a results report back to the client organization, the company added.
Thomas Steeves, director of the data management group at Control Solutions, said: We are extremely excited about this new offering for our clients. Our hosted data analytics and audit platform will open up the value and opportunity of this technology to a wider range of clients who have been reluctant to invest previously due to the costs and resources involved.