Todd, Bremer & Lawson Selects Ontario Systems for Outsourced Compliance Partnership

Todd, Bremer & Lawson, a BBB-accredited firm specializing in the service of educational receivables, has announced its selection of Ontario Systems as its outsourced compliance partner, in pursuit of an enhanced compliance management system focusing on consumer fairness and compliance effectiveness.

Together with newly-appointed Compliance Manager, Sheila Welborn, the two firms will work to position Todd, Bremer & Lawson as an ARM industry leader in both areas, while continuing to support the company’s unique approach to student loan collections.

“Ontario Systems will provide the experience and expertise to refine our policies and procedures, implement a robust compliance control system, supervise vendor and service provider oversight, and provide ongoing compliance training programs,” Welborn says. “Their suite of compliance services, led by industry expert Rozanne Andersen, will help us provide the service and support our customers need in a new era of educational receivables.”

Welborn’s responsibilities for Todd, Bremer & Lawson will include overseeing operations to ensure statutory and regulatory compliance, monitoring legislation specific to each of the 50 states, and compliance management system auditing and continual risk evaluations. She will also act as the firm’s corporate liaison to Ontario Systems.

“Outsourcing compliance functions to meet the expectations of the Consumer Financial Protection Bureau is the number-one way agencies large and small can implement a world-class Compliance Management System,” says Ontario Systems Chief Compliance Officer, Rozanne Andersen. “We are thrilled Todd, Bremer & Lawson has chosen Ontario Systems as their compliance partner, and are confident the services we bring to their organization, along with their excellent staff and top-down commitment to compliance will differentiate them in the marketplace and drive their continued success.”

“Compliance with the requirements set forth by the Consumer Financial Protection Bureau has been a top priority for Todd, Bremer & Lawson since the Dodd-Frank Act was enacted in 2010,” says Beth Zamorski, Corporate Controller with Todd, Bremer & Lawson. “We understand the importance of the underlying consumer protection laws, and strive daily to treat consumers with the respect they deserve. Ontario Systems is a proven thought leader in the compliance space, and has a history of developing innovative and meaningful compliance services. Paired with an industry veteran like Sheila Welborn, the two position us to truly lead our industry in compliance effectiveness.”

Ontario Systems, LLC is a leading provider of accounts receivable and strategic receivables management solutions for the collections and healthcare industries. Offering a full portfolio of software, services, and business process expertise, Ontario Systems customers include nine of the 10 largest collections agencies, and three of the five biggest health systems in the U.S., with 55,000 representatives in more than 500 locations. To learn more about how Ontario Systems can help power up your receivables, visit OntarioSystems.com.

Todd, Bremer & Lawson is one of the longest-standing privately-held corporations dedicated exclusively to collecting delinquent student-consumer receivables for colleges, universities, seminaries, and private secondary schools in the United States. Since 1974, the firm has led more than 500 unique institutions to heightened reimbursement from the Federal Perkins Loan and Nursing Loan programs, as well as standard tuition and fee as a member of the Association of Credit and Collection Professionals. Learn more at tbandl.com.