OATI Achieves WebTrust and WEQ-012 Compliance
Open Access Technology International, Inc. (OATI) successfully audits the AICPA/CICA Trust Services Principles and Criteria for Certification Authorities Version 2.0 (WebTrust for Certification Authorities Principles and Criteria), and compliance with North American Energy Standards Board (NAESB) Wholesale Electric Quadrant (WEQ) Public Key Infrastructure (PKI) for Authorized Certification Authorities (ACA) standards.
Minneapolis, MN: January 29, 2015 – OATI is pleased to announce the successful completion of OATI webCARES compliance audit with the latest North American Energy Standards Board (NAESB) Wholesale Electric Quadrant (WEQ) Public Key Infrastructure (PKI) for Authorized Certification Authorities (ACA) standards and the NAESB Accreditation Requirements for Authorized Certification Authorities (collectively “WEQ-012 Business Practice Standards”). OATI’s third-party auditing firm, Schellman & Company, LLC (SCLLC), an affiliate of Brightline, examined OATI webCARES for compliance with WEQ-012 Business Practice Standards. After a thorough examination, conducted in accordance with Attestation Standards established by the American Institute of Certified Public Accountants (AICPA), SCCLLC concluded that OATI webCARES is in compliance with the WEQ-012 Business Practice Standards.
The WEQ Business Standards are developed with the input of multiple industry participants through the NAESB standards drafting process, and set forth PKI, cyber security, and standards for use in commercial transactions. Specifically, the WEQ-012 Business Practice Standards set forth qualifications to be met by a Certificate Authority in order to be recognized by NAESB as an Authorized Certificate Authority (ACA) and only ACA’s can provide PKI services to OATI webRegistry, the TSIN replacement registry, as well as other services in the near future.
In addition to the WEQ-012 Business Practice Standards, OATI recently successfully completed its third consecutive WebTrust audit. The audit, also performed by SCLLC, was based upon the AICPA/CICA Trust Services Principles and Criteria for Certification Authorities Version 2.0 (WebTrust for Certification Authorities Principles and Criteria) (“WebTrust Standards”). The WebTrust standards set forth security and process control best practices applicable to all Certificate Authorities. The WebTrust seal, illustrating evidence of OATI’s compliance with the WebTrust standards, will appear on the OATI webCARES site and allows users of OATI webCARES to be assured that OATI webCARES follows best practices applicable to certificate authorities.
“OATI is committed to the highest standards of cyber security measures in the Wholesale and Smart Grid industies,” said Patrick Tronnier, Principal Security Architect and Senior Director of Quality Assurance of OATI. “We are pleased to provide balance to our customers by adhering to stringent NAESB WEQ-012 and WebTrust Standards while offering the highest level of customer service.”
OATI provides innovative software and digital authentication solutions that secure, simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,800 customers in North America, OATI successfully deploys large, complicated, and diverse mission-critical applications committed to industry standards and stringent NERC CIP guidelines.
OATI (www.oati.com) is a leading provider of Digital Certificates, Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with an office in Redwood City, California. For more information, please contact email@example.com.