U.S. and European Union designation reinforces business data protection across international borders
SANTA BARBARA, CALIF., Sept. 17, 2012– Yardi announced today that it is certified as compliant with the Safe Harbor Framework principles established jointly by the U.S. Commerce Department and the European Union. Yardi was able to self-certify its compliance with the Safe Harbor Framework after submitting an application to the U.S. Commerce Department.
The company’s placement on the U.S.-EU Safe Harbor List means that global clients hosted by Yardi in a U.S. data center can maintain their database there as they diversify their portfolios overseas. This saves them the inconvenience of moving hosting locations or splitting their hosting between data centers in the U.S. and Europe.
The Safe Harbor Framework bridges differences in U.S. and EU privacy protection standards and helps U.S. organizations avoid interruptions in their business dealings with the EU and prosecution by EU member states for privacy law violations.
“The compliance certification gives assurance to Yardi’s domestic and European clients that their sensitive information is protected to the highest international standards as defined in the Safe Harbor Framework principles,” said Terri Dowen, senior vice president of sales for Yardi.
Yardi has been committed to the design, development and support of real estate investment management and property management software for 30 years. With the Yardi Multifamily Suite™, Yardi Commercial Suite™, Yardi Investment Suite™, and Yardi Orion™ for SharePoint®, Yardi Voyager™ is a full business real estate management platform that includes operations, accounting, and ancillary processes and services with portfolio-wide business intelligence. Yardi serves clients around the world in North America, Asia, Australia, Europe and the Middle East. More information about Yardi products and services is available at www.yardi.com.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255