Secure Collateral Management (SCM) Market Research Report
Company Overview
- Name: Secure Collateral Management (SCM)
- Mission: To manage the skip tracing needs of some of the nation's largest creditors, locating more customers than ever thought possible through their unique business model.
- Founded By: No information is available.
- Key People: No information is available.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: SCM is known for its national coverage in asset recovery and skip tracing services, as well as its secured transactions powered by core technology for better encryption and data security.
Products and Services
Products/Services Offered:
1. Skip Tracing
- Description: A service that locates individuals or assets that are hard to find, especially in the credit and collections industry.
- Key Features: Real-time communications and secured account access through a proprietary information portal.
2. Forwarding
- Description: A solution that manages the process of transferring assets or cases to the appropriate recovery agents.
- Key Features: Client process customization and online account portal for customer interaction.
3. Collateral Location
- Description: Service to find and secure assets such as vehicles.
- Key Features: Nationwide asset location capabilities, including automobiles, motorcycles, and recreational vehicles.
4. License Plate Recognition
- Description: Technology integrated to locate and recover assets by recognizing license plates.
- Key Features: Integrated locate and recovery with no defined coverage areas.
Capabilities:
- Nationwide Assets: Ability to manage a wide array of asset types across the nation, including automobiles, motorcycles, and recreational vehicles.
Recent Developments
- September 2023: SCM was awarded the "2023 Capital One Diverse Supplier of the Year" at the Capital One Envision Summit.
- April 7th, 2023: Recognized as the "Top Performing Forwarder" for Ally Bank at the 2023 North American Repo Summit.
- April 2023: SCM sponsored Citizens Bank's first-ever Collections & Recovery Vendor Summit, showcasing their commitment to building long-term partnerships.
- July 20th, 2022: Named among the "Best Companies to Work For in Texas", a testament to employee satisfaction and company culture.
- September 1st, 2021: Successfully renewed their SOC II Type 2 Certification, which includes all five disciplines, marking the fifth year of holding this unique certification in their industry.
Contact Information
- SCM does not collect or process payments, nor perform repossessions directly. They contract with properly licensed and insured recovery agents.
- Exempt from licensure as an Investigations Company as per Texas Occupations Code - Private Security Act - 1702.324 (b) (3).
This report provides a comprehensive overview of Secure Collateral Management's offerings and achievements based on the available data. For more information, further inquiries should be directed towards the contact pathways outlined on their official platforms.
