Phoenix Consulting Debuts Third-Party Vendor Reviews

Scottsdale, Ariz.-based Phoenix Consulting LLC has announced that it is now offering third-party vendor management consulting services for financial institutions and loan servicing companies.

According to the company, the services include regulatory compliance audits of third-party vendors pursuant to regulatory requirements; a complete on-site review of retained legal counsel; and forensic reviews covering fee and cost billing practices, management structure and operational controls, document preparation practices, business continuity planning and office security.

‘Our services are designed to ensure that each of your existing third-party law firm policies and practices do not present any strategic risk, compliance risk, transaction risk or credit risk to your institution,’ the company says.


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