Ellie Mae Successfully Completes SOC 2 Examination, Demonstrating Stringent Internal Controls

Comprehensive review by third-party CPA assures clients that Ellie Mae meets one of the toughest standards for security, availability, confidentiality and processing integrity controls in the mortgage industry

PLEASANTON, Calif. – March 23, 2015Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced the successful completion of its Service Organization Control (SOC) 2 Type II examination, confirming the company met stringent controls over the security, availability, processing integrity and confidentiality of its systems.

The company’s SSAE-16 SOC 2 Type II report indicates the company’s processes, procedures and controls are in accordance with the applicable Trust Services Principles and Criteria set by the American Institute of Certified Public Accountants. A SOC 2 examination provides assurance to Ellie Mae clients that the company has the proper internal controls in its systems to keep customer information secure and confidential. Formerly known as SAS 70, the SOC 2, type II examination asserts to the operating effectiveness of controls supporting Ellie Mae’s Encompass all-in-one mortgage management solution.

BrightLine CPAs & Associates, Inc. independently conducted Ellie Mae’s SOC 2 examination for the period of January 1, 2014 through December 31, 2014.

“At Ellie Mae, compliance is a company-wide effort. All of our business units operate with extreme care and commitment to the controls that support our clients,” said Ellie Mae Enterprise Compliance Director Robin Basham. “This examination is a chance to share the tremendous collective talent behind Ellie Mae’s products and services. It demonstrates that all of our teams are using highly structured, consistent methods and effective controls. We are very proud of our achievement.”

“With more than 100,000 users of Encompass, the security and integrity of our systems is immensely important,” said Jonathan Corr, Ellie Mae president and CEO. “Compliance with the SOC 2 standard requires the most stringent internal policies related to software development, storing and accessing data, and security over all systems and their related hardware. Our clients know they can rest assured that Ellie Mae is doing all it can to ensure their systems and their data—especially their borrowers’ data—is secure.”

About Ellie Mae

Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s Encompass® all-in-one mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.

PRESS CONTACTS

Warren Lutz
Strategic Vantage Marketing & Public Relations
(925) 899-9773
WarrenLutz@StrategicVantage.com

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© 2015 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, DataTrac®, Ellie Mae Network™, Total Quality Loan™, TQL™ and the Ellie Mae logo are trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.

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