Our successful SSAE 18 SOC1 Type II examination verifies our processes for approving, monitoring, and reviewing our agents.
The Statement on Standards for Attestation Engagements (SSAE) 18 provides guidance for auditors assessing financial statement controls at service organizations, while the Service Organization Controls (SOC) report examines how management of an organization describes its auditing systems and controls in place around that system.
With the SOC1 Type II report, the controls are described and evaluated, for an absolute minimum of 6 months, to determine if the systems are functioning as they are described by management.
Our successful SSAE 18 SOC1 Type II examination verifies our processes for approving, monitoring, and reviewing our agents, which enables us to legitimately audit our title agents and grant them the distinction of Authorized Service Provider of Alliant National.
We were first recognized as SSAE 18 Type I compliant, an evaluation that examines a single point in time, on Dec. 1, 2013. Then on Aug. 31, 2014 we satisfied the standards for the more stringent Type II certification. We’ve now held our SSAE 18 Type II certification for five consecutive years.