San Diego, CA – September 22, 2020 — Servicing industry leader Vervent is pleased to announce its achievement of SOC 2 Type 2 certification which includes alignment to HIPAA compliant servicing standards for clients. The SOC 2 Type 2 certification attests that Vervent’s information security meets or exceeds the rigorous standards set forth by AICPA after identifying and evaluating internal and external threats, as well as privacy, accountability, integrity, and confidentiality.
“Achieving our SOC 2 Type 2 certification to help meet HIPAA needs for clients further fortifies Vervent as a servicing powerhouse when it comes to managing and securing portfolio data,” said Brad Herbison, CTO. “The strength and durability of our information security program being recognized by these third-party audits is a testament to our highly credible IT team and strategic company-wide protocols.”
The SOC 2 Type 2 certification, performed by CyberGuard Compliance, affirms that Vervent’s servicing systems and stated controls were suitably designed and operated throughout the audit period and provide reasonable assurance that Vervent’s service commitments and system requirements were achieved.
During this audit, Vervent also reaffirmed the SOC 1 Type 2 certification of its policies and procedures.
About the Company:
As the fastest growing servicer of loan and lease portfolios, Vervent sets the global standard for outperformance in complex service industries by delivering superior industry expertise, future-built technology and meaningful services including loan and lease servicing, backup servicing and call center services. We empower companies to accelerate business, drive compliance and maximize service. Contact us today to find out how we can help boost your performance at 888.486.2509 or Solutions@Vervent.com.