In response to increasing demand for top-tier data security by large asset-based lenders, Asset Compliant Solutions (ACS) announced that the company has secured SOC-2 Certification from the American Institute of Certified Public Accountants (AICPA).

SOC-2, or Service Organization Control 2, is a rigorous set of standards and guidelines that ensure that ACS’s information systems and controls are secure and able to protect sensitive customer data. The company’s compliance with SOC-2 demonstrates ACS’s commitment to ensuring the security and confidentiality of client and customer data.

“Self-improvement at the individual and corporate level has always been a cultural priority for ACS,” stated Brian Noble, ACS founder and CEO. “Our top-tier clients expect us to protect client and customer information, and to safeguard their reputations. Our compliance with SOC-2 represents one more way we’re continually working to meet that expectation.”

“ACS's ability to meet stringent SOC2 standards is a testament to the robustness of the company’s information systems and controls,” added CFO Greg Meyer. “By achieving SOC2 compliance, ACS is able to demonstrate to clients, regulators and other stakeholders that the company is committed to protecting sensitive data and maintaining the trust and confidence of clients and customers.”

Threats to data security represent significant legal, regulatory, financial and reputational risk for asset-based lenders and lease finance companies. For more information, including ACS’s SOC-2 audit report, contact the company’s CFO, Greg Meyer, directly at gmeyer@acs-cam.com.

Founded in Buffalo, New York in 1998, ACS is a values-driven organization committed to the highest standards of ethical conduct. With an average of 10-years’ industry experience per employee and industry-leading employee and client retention, ACS provides seasoned expertise and a broad perspective to deliver portfolio optimization, collection and recovery services tailored to lenders’ unique circumstances.