Release Date: March 22, 2016
ROCKVILLE, Md. – Passport Title Services, LLC announced its turn-key SSAE 16 SOC 2 compliant technology platform is offered to title agents as part of the Company’s innovative partnership model. Passport Title offers a valuable solution to title agents who want to grow and who understand the importance of data-security in the technology they utilize.
“Passport Title is steadfast in its commitment to data protection, and a technology platform with the highest standards of process controls and infrastructure is just one of the ways we fulfill that commitment,” said John R. H. Cotter, president and chief executive officer. “We are a Best Practices compliant company, and the SSAE 16 certification of our technology platform places us above and beyond the industry standard for data security.”
Statement on Standards for Attestation Engagements no. 16 (SSAE 16) was developed by the American Institute of Certified Public Accountants. SOC 2 reports provide assurance about the controls at a service organization that affect the security, availability and processing integrity of the systems the organization uses to process users’ data and the confidentiality and privacy of the information processed by these systems.
Through a partnership model, Passport Title provides settlement processing, support operations, agency and compliance functions to title agents, helping them achieve greater business success as part of a larger entity than they would alone.
“When title agents affiliate with Passport Title, the partnership arrangement includes turn-key access to our SSAE 16 SOC 2 compliant technology platform,” said Cotter. “We provide our title agent partners the ability to deliver rigorous risk controls and protections to their lender, consumer and Realtor® clients.”
ABOUT PASSPORT TITLE SERVICES, LLC
Passport Title Services, LLC (doing business as Passport Settlement Services, LLC in Pennsylvania) is a fully Best Practices-compliant title insurance agency and real estate settlement company and a leading provider of title agent partnerships since 2008. Passport Title Services, LLC provides commercial and residential settlements and is a licensed title insurance agency in Maryland, Virginia, Washington, DC and West Virginia; and Passport Settlement Services, LLC is licensed in Pennsylvania. Originally established in 2005, Passport Title is privately held and independent.