SAN FRANCISCO, Calif., Feb. 22, 2017 (SEND2PRESS NEWSWIRE) — Qualia, the fastest growing provider of title settlement software, announced that it has earned the American Institute of Certified Public Accountants\u2019 (AICPA\u2019s) Service Organization Control 2 (SOC 2) certification after completing an independent audit process with a third-party certified public accounting (CPA) firm. The certification serves as independent validation of the effectiveness of Qualia\u2019s process, procedures and controls for maintaining data security and the confidentiality of client information.<\/p>\n
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\n\u201cQualia is committed to protecting our customers\u2019 security using the most advanced technology and highest standards,\u201d said Nate Baker, CEO of Qualia. \u201cAs mortgage lenders are increasingly expecting their service providers to verify security controls, our customers are able to guarantee best-in-class security without having to undergo a costly and time-intensive security audit.\u201d<\/p>\n
Per the AICPA, the SOC 2 report is designed to provide a better understanding of an organization\u2019s \u201cinternal control[s] … as it relates to security, availability, processing integrity, confidentiality and privacy.\u201d Qualia underwent the SOC 2, Type 1 audit, which analyzes an organization\u2019s \u201csystem and the suitability of the design of controls\u201d to ensure the organization has adequately met the following criteria:<\/p>\n
\u201cGiven the sensitive nature of the information that is exchanged during the closing process, maintaining data security and privacy must be paramount for all parties in the transaction,\u201d Baker added. \u201cThe SOC 2 certification provides a definitive statement of security assurance, allowing our customers to promote their security practices as a competitive differentiator when financial institutions are evaluating a settlement provider.\u201d<\/p>\n
About Qualia:<\/strong>
\nFor title settlement professionals, Qualia provides an all-in-one solution for more efficient and seamless closings. The fastest growing software on the market, Qualia\u2019s automated task management, real-time reporting, and best-in-class integrations save title companies thousands of dollars in labor and software costs every year. Qualia\u2019s incredible ease-of-use and industry-leading support allows new users to learn Qualia in virtually no time.<\/p>\n