Millennium completes SOC 2 certification for 4th year in a row
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HUDSON, Ohio –
Recovery management services provider Millennium Capital and Recovery Corp. recently achieved the AT101 Service Organization Controls (SOC) 2, Type 2 Report for the fourth consecutive year.
The company highlighted the SOC 2 examination has taken on greater significance during the past couple of years as consumer finance companies work to attain greater assurances regarding their vendor’s standards of compliance. Millennium Capital and Recovery insisted that this achievement is critical as finance companies strive to meet increasing regulatory demands and compliance requirements from the Consumer Financial Protection Bureau.
“This report reflects Millennium’s commitment to insuring the highest levels of compliance in support of our market leading clients and their executive management teams,” Millennium chief executive officer Bob Bronchetti said.
“This along with our company’s recently announced ComplianceFIRST Solutions suite of programs are being recognized in the industry as the path forward relating to compliance,” Bronchetti added.
Millennium’s full report covers the areas of security, availability and confidentiality controls. The entire report is available to Millennium’s customers and prospective customers, and their auditors for use in satisfying their risk management and governance requirements.
