HubSolv has become an Associate Member of the Debt Managers Standards Association (DEMSA).
As leading company providing a debt management & insolvency software solution, we are excited to join DEMSA’s growing number of firms that support the debt and insolvency sector.
The CEO of DEMSA, Kevin Still, commented on the news that the addition of HubSolv as an Associate Member extends the range of expertise available to the debt advice and debt solution companies that are part of the Association. “Our goal at DEMSA is to partner with Associate Members that help our Member companies to operate best practice, using compliant systems and processes.”
“The FCA Thematic Review into the quality of debt advice, published in June 2015, not only looked at the delivery of advice but the systems & controls in place to be able to deliver the right outcomes for indebted consumers. Recruiting Associate Members like HubSolv is, therefore, an important part of what we can deliver to our Members to help them comply with FCA regulations.”
As a software provider, we at HubSolv recognise the importance of the challenges that the industry presents for firms and are fully committed to monitoring these challenges, in order to constantly incorporate appropriate levels of functionality to our system and processes, including data security and regular platform updates.