LOS ANGELES – Aug. 5, 2014 – Max Solonski, director of Information Security for enterprise financial software company BlackLine Systems, has won the 2014 ISE® West Award in the Executive of the Year category. Mr. Solonski was recognized for his “outstanding leadership” overseeing all information security programs for BlackLine, including promoting information security awareness within the company, ensuring the confidentiality, integrity and availability of sensitive client data, as well as BlackLine’s internal information resources, and also facilitating adherence to stringent security standards, best practices and regulatory requirements.
Executives nominated for the ISE® West Award in the Executive category are defined as “leaders who improve their organization’s risk management, data asset protection, privacy and network security efforts while proactively implementing security technology and processes.” Judges evaluated the nominees based on the following criteria: responsibilities, aligning security with the business, leadership, future vision, applying innovation and building technology partnerships.
“We applaud ISE® Award Executive winners for their exemplary contributions and are pleased to showcase their efforts in a way that gives them unparalleled recognition throughout the IT security industry,” said Marci McCarthy, CEO and president, T.E.N., an Atlanta-based technology and information security executive networking and relationship-marketing firm that sponsors the annual awards program.
Mid-size to large enterprises worldwide use the BlackLine Financial Close Suite in a SaaS (Software-as-a-Service)/Cloud environment across their global organizations to accelerate and streamline their account reconciliation and financial close processes – many of which made the transition from older legacy systems running on-premise/in-house software once they realized the benefits a Cloud solution, such as BlackLine, could offer.
Mr. Solonski was acknowledged for putting the necessary programs, processes and protocols in place to ensure the privacy and security of the sensitive client financial data that is housed in BlackLine. In 2013, under his direction, BlackLine became the first provider of account reconciliation and financial close software to secure the highly regarded and difficult to attain ISO/IEC 27001 certification, confirming that the company meets or exceeds the latest information security industry standards and also maintains and enforces robust and effective policies and procedures to ensure the security of the data managed by its flagship Financial Close Suite. BlackLine joins an elite group of only about 8,500 organizations worldwide that are currently certified.
Earlier that same year, BlackLine became the first account reconciliation and financial close software provider to successfully complete a SOC 2 (Service Organization Control) Type 2 examination and third-party audit – adding even greater focus on controls related to the security and availability of the BlackLine Financial Close Suite. Completion of these key security audits becomes increasingly important as more and more companies are moving confidential corporate data and financial information to a SaaS/Cloud environment where the software and data is hosted and controlled by third parties.
The ISE® Program Series is recognized as one of the leading venues for showcasing executives and their teams in the information security industry across the United States and West. For over a decade, the ISE® West Awards have recognized nominees from Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming.
The 2014 ISE® West awards were presented at an Executive Forum and Awards Gala on July 30th at the Westin St. Francis in San Francisco. T.E.N.’s flagship program, the nationally acclaimed Information Security Executive® (ISE®) of the Year Program Series and Awards, is the nation’s largest leadership recognition and networking program for security professionals.
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises. Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.
BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities. BlackLine helps companies modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.
BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.
Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit https://www.blackline.com/.