Outbound call center team lead with headset coaching agents on a telesales and retention campaign

Outbound Call Center Outsourcing Philippines

Outbound calling is a numbers game. Compliance decides whether you get to keep playing.

Telesales, renewals and retention, win-back, surveys and customer notifications — run by Philippine outbound teams on dialers configured for TCPA, DNC and consent rules, so every campaign converts without putting your brand at legal risk.

Manila, Cebu & Davao delivery SOC 2 Type II / ISO 27001 certified TCPA, DNC & consent controls
PITON-GLOBAL SOURCING · 2026 Q3 2026
Vetted provider shortlist
6–10 providers
Shortlist delivered in
48–72 hrs
Advisory fee to buyers
$0
John Maczynski, CEO of PITON-Global Ralf Ellspermann, Founder and CSO of PITON-Global John Maczynski, CEO · Ralf Ellspermann, CSO
Designed for programs scaling from 5 – 500+ FTEs
FOR BUYERS INUnited States · Canada · United Kingdom · Australiadelivery vetted in the Philippines
For sales and outbound-program leaders

Outbound only works when every call is compliant and worth taking.

We'll line up six to ten award-winning, mid-sized, fully compliant providers in Manila that specialize in outbound call center operations for your industry and are serving companies like yours right now. Shortlist in 48 to 72 hours. Completely free, no obligation.

Vetted providers holdTCPA-trained · PCI DSS · SOC 2 Type II
John Maczynski, CEO of PITON-Global
John Maczynski
CEO · 40 years in BPO20 years as Global EVP of the world's largest contact center
He runs your search and takes your call himself.
+1 402-598-8740

    Sourced for you, not listed. Free, no obligation.
    Your details go to John, nobody else.

    PLATFORMS & STANDARDS
    Five9NICE CXoneGenesysConvosoSalesforceHubSpotTCPA / DNC scrubbingISO 27001
    CONVERSION WITHOUT COMPLIANCE RISK

    Can outbound call center outsourcing grow conversions and stay compliant?

    Yes, if compliance is built into the dialer and the list, not left to agents. Vetted outbound centers scrub every list against DNC and consent records, enforce calling-hour and frequency rules in the dialer, record every call, and coach agents on conversations rather than scripts alone.

    Outbound is a separate discipline from inbound.

    Sales, surveys, collections and retention calling — compliance-trained dialing programs.

    Speak with John →
    A NON-COMPLIANT DIAL IS THE REAL COST · 2026

    In outbound, a list or dialer mistake doesn’t cost you one bad call — it can trigger per-call statutory damages across an entire campaign. Outbound here is scored on conversions per hour with zero compliance exceptions, not dials made.

    PRICING TOPOGRAPHY · 2026 RATE CARD

    Indicative 2026 rates — priced by skill tier, because a survey caller and a licensed telesales agent are not the same seat.

    CORE ROLERATE (USD/HR)OPERATIONAL PROFILETIER
    Survey & notification agent$10–$16NPS surveys, reminders and service notifications.R
    Outbound telesales agent$10–$16Consumer offers, upgrades and cross-sell.R
    Retention / save-desk agent$10–$16Cancellation saves, renewals and win-back.R
    Bilingual outbound agent$12–$20Spanish-language and APAC campaigns.C
    Licensed outbound agent$14–$18Insurance, energy or financial offers requiring licensing — calls a general agent can’t make.NO GENERIC
    EQUIVALENT
    Dialer & list compliance analyst$14–$18Scrubbing, consent records, dialer rules — the seat that keeps campaigns defensible.NO GENERIC
    EQUIVALENT
    Quality & compliance analyst$14–$16Disclosure scoring and call calibration.QUALITY
    Campaign manager$10–$12Testing, segment performance, client reporting.LEADERSHIP

    The two premium rows have no commodity equivalent because a dial shop rarely staffs either: licensed offers need credentialed agents and compliance needs a dedicated analyst. Rates confirmed per engagement; performance pricing available.

    Price my outbound campaign →
    GOVERNED FOR OUTBOUND CALLING RULES

    TCPA and FCC rules — consent, calling hours, abandonment limits and reassigned-number checks · National and state DNC registers scrubbed every cycle · Telemarketing Sales Rule disclosures · PCI-DSS for payments taken on calls · SOC 2 Type II / ISO 27001 — certified · UK Ofcom/TPS and GDPR for UK and EU campaigns.

    FOR LEGAL & COMPLIANCEEvery dial, consent basis, disclosure and recording is logged — the campaign file is ready if a complaint arrives.
    WHO WE SERVE

    Six sectors, six outbound programs.

    Consent rules, list quality and the metric that matters differ in each sector, so each program is designed and measured on its own.

    01Financial services & insurance

    Early-stage collections, payment reminders and cross-sell on consented lists, run under FDCPA, Reg F and state rules.

    02Healthcare & health tech

    Appointment reminders, recall campaigns and member outreach, where TCPA consent and HIPAA rules apply to every dial.

    03Retail & e-commerce

    Win-back calls to lapsed customers and loyalty members, with offers you approve and results measured per contact.

    04Technology & SaaS

    Lead follow-up, trial conversion, upgrades and renewal calls, measured on conversion per contact rather than dials.

    05Travel & hospitality

    Proactive calls when flights, bookings or tours change, reaching travelers before they have to call you.

    06Utilities & energy

    Payment-plan reminders, program enrollment and service notices, under your regulator’s contact rules.

    THE OUTBOUND CAMPAIGN ENGINE

    Four stations, run for every campaign — compliance first, then contact, then conversion.

    Outbound results come from list quality, dialer discipline and conversations, in that order.

    01 · LIST & CONSENT MANAGEMENT

    Lists cleaned, deduplicated and scrubbed against national and internal DNC registers, consent records, litigator lists and reassigned-number databases. The control: no record is dialed without a documented basis to call it.

    GOVERNING METRIC · 100% of records scrubbed before dialing
    02 · DIALER STRATEGY

    Dialing mode, pacing, calling windows by time zone, attempt limits and caller ID set per campaign. The control: calling-hour and frequency rules are enforced in the dialer, so an agent can’t override them.

    GOVERNING METRIC · abandonment under regulatory limits
    03 · CONVERSATION & OFFER

    Agents trained on the offer, objection handling and disclosures, with call guides that leave room for a real conversation. The control: required disclosures are scored on every sampled call.

    GOVERNING METRIC · disclosure compliance 99%+
    04 · RESULTS & ITERATION

    Contact, conversion and cost per sale tracked by list source, time slot, agent and offer, with weekly tests on scripts, timing and segments. Poor list segments are dropped quickly instead of dialed harder.

    GOVERNING METRIC · conversions per hour, weekly
    → DIAL SMARTER, NOT MORECampaign data shows which segments, hours and offers convert; the next cycle dials fewer records with better results and lower complaint rates.
    John Maczynski, CEO of PITON-Global
    CEO · OUTBOUND & SALES OPERATIONS

    “Outbound has changed more than any other part of the contact center in my career. Twenty years ago you won by dialing more. Today you win by dialing the right people, at the right time, with permission, and having a real conversation when they pick up.”

    John Maczynski · CEO, PITON-Global · 40-Year Global BPO Veteran
    RETENTION, RENEWALS & WIN-BACK

    Save desks for cancellation requests, renewal campaigns before contract end and win-back calls to lapsed customers, measured on saved revenue. New-customer B2B prospecting is covered on our Sales & Lead Generation page.

    SURVEYS & CUSTOMER NOTIFICATIONS

    NPS and satisfaction surveys, service notifications, recalls and payment reminders. Meeting booking for sales teams is covered on our Appointment Setting page; past-due recovery is on our Collections page.

    WARM-LEAD & INBOUND-LEAD FOLLOW-UP

    Fast callbacks on web forms, quote requests and abandoned carts, where speed to lead decides conversion. Leads route from your CRM to agents within minutes.

    FOR SALES & RETENTION LEADERS How many of last month’s outbound calls could your legal team defend?
    A DIAL SHOP VS. A COMPLIANT OUTBOUND OPERATION

    A dial shop vs. an outbound operation that converts and complies.

    Seven dimensions, read as risk vs. protection — the exposure a volume-driven dial shop creates against what a compliant outbound operation defends.

    Lists
    ✕Bought, unscrubbed
    ✓DNC, consent & litigator-scrubbed
    Calling Rules
    ✕Agent discretion
    ✓Enforced in the dialer
    Disclosures
    ✕Sometimes read
    ✓Scored on every sampled call
    Pacing
    ✕Maximum dials
    ✓Tuned to abandonment limits
    Metric
    ✕Dials per hour
    ✓Conversions per hour
    Recording
    ✕Partial
    ✓Every call, retained
    Complaints
    ✕Handled later
    ✓Tracked per campaign, acted on
    RADICAL TRANSPARENCY

    You own the offer, the list and the consent basis. We supply the compliant outbound operation — never a call without permission to make it.

    01
    Your offer, disclosures and calling rules are in the SOW.

    Scripts, required disclosures, offers and escalation paths are approved by your legal and marketing teams. Agents don’t change offers or promise terms outside them.

    02
    If a list isn’t compliant, we won’t dial it.

    Records without a documented consent basis, or that fail DNC or litigator scrubbing, are removed before dialing. We report how many were removed and why.

    03
    Page territory, stated on-page.

    Sales & Lead Generation covers B2B prospecting; Appointment Setting covers booking meetings; Collections covers past-due recovery. This page covers outbound consumer and customer campaigns: telesales, retention, renewals, surveys and notifications.

    04
    Some campaigns fail on the list, not the agents.

    If a list or offer can’t convert at an acceptable cost, we’ll show the data and recommend stopping rather than dialing harder.

    A shortlist that includes “no” is the only kind worth having.
    6-WEEK OUTBOUND STAND-UP

    An outbound team dialing in 6 weeks — compliance verified before the first call.

    A gated stand-up. Dialing starts only after list scrubbing, dialer rules and disclosures have been reviewed and signed off by your legal team.

    Wk 1
    Compliance & List Review
    Consent basis confirmed, lists scrubbed, dialer rules and disclosures drafted for legal sign-off.
    Wk 2–3
    Hiring & Training
    Agents recruited and trained on the offer, objection handling and disclosures, with certification calls.
    Wk 4–5
    Pilot Campaign
    A test segment dialed with daily reviews of contact, conversion and disclosure scores.
    Wk 6
    Scale & Optimize
    Full lists released in waves under a live conversion and compliance dashboard, with weekly tests.
    THE COMPLIANCE TEST · WHAT TO VERIFY

    How to choose an outbound call center outsourcing provider

    Three controls separate a compliant outbound operation from a dial shop — and each is demonstrable before you sign. In outbound, getting one wrong can turn a campaign into a lawsuit.

    01
    Documented List Scrubbing
    Ask exactly which registers and databases each list is checked against, and how often.
    VERIFY: Request a sample scrubbing report
    02
    Dialer-Enforced Rules
    Calling windows and attempt limits should be enforced by the dialer, not left to agents.
    VERIFY: Request a screen share of dialer rule settings
    03
    Disclosure Scoring
    Required disclosures should be scored on sampled calls, with results reported by agent.
    VERIFY: Request a sample QA scorecard
    THE COMPLIANCE-FIRST ARCHITECTUREhow each risk is designed out
    Scrubbed Before Dialing
    Every record is checked against DNC, consent, litigator and reassigned-number data each campaign cycle.
    Rules in the Dialer
    Calling hours, frequency and abandonment limits are system-enforced, so agents can’t break them.
    Recorded, Secure Operations
    Every call is recorded and retained on ISO 27001 infrastructure, with PCI-DSS controls for payments.
    Ralf Ellspermann, Founder and CSO of PITON-Global
    CSO · OUTBOUND OPERATIONS

    “Ask a prospective outbound partner what percentage of your last list they would refuse to dial. If the answer is zero, they either haven’t looked or won’t tell you. A good partner always removes something.”

    Ralf Ellspermann · CSO, PITON-Global · 25-Year Philippine BPO Veteran
    Smiling outbound call center agent with a headset making calls at his desk
    OUTBOUND CALL CENTERCampaigns, consent and conversion, worked through in detail.

    Outbound Call Center Services in the Philippines: Campaigns, Consent and Conversion

    An outbound call center in the Philippines places calls on your behalf — qualifying leads, setting appointments, renewing and winning back accounts, running surveys and early-stage collections — from a managed floor in Manila, Cebu or Clark that is measured on contact rate and conversion rather than speed of answer. It is the proactive half of our guide to call center outsourcing, and the half where compliance carries the most weight.

    Outbound can build pipeline and protect revenue quickly, and it can create legal exposure just as quickly. Every dial is a decision about who may be called, when, and with what consent on record. The Philippine vendors worth shortlisting treat that as an operating discipline, not a line in the contract, and they measure agents on outcomes rather than dials.

    CALLS PLACED ON YOUR BEHALF
    Qualifying leadsSetting appointmentsRenewing and winning back accountsRunning surveysEarly-stage collections
    Measured on contact rate and conversion rather than speed of answer
    EVERY DIAL IS A DECISION ABOUT
    01
    Who may be called
    02
    When
    03
    With what consent on record
    An operating discipline, not a line in the contract · agents measured on outcomes rather than dials

    What outbound programs cover

    Outbound is any campaign the vendor starts: the customer did not call, so the agent has to earn the conversation in the first few seconds and then move it somewhere useful. Programs fall into four families, each with its own list, script and scorecard.

    FAMILY 01
    Growth campaigns
    Qualify inbound leads · call back web inquiries · book meetings for a sales team
    FAMILY 02
    Account campaigns
    Renewals · upgrades · onboarding calls · welcome calls
    FAMILY 03
    Retention campaigns
    Reach at-risk customers before they cancel
    FAMILY 04
    Recovery campaigns
    Early-stage collections · payment reminders · the same consent rules

    Growth campaigns qualify inbound leads, call back web inquiries and book meetings for a sales team; our guide to appointment setting and lead qualification covers how those pipelines are built, and the sales and lead generation hub covers full pipeline programs. Account campaigns handle renewals, upgrades, onboarding calls and welcome calls. Retention campaigns reach at-risk customers before they cancel. Recovery campaigns run early-stage collections and payment reminders, which our hub on collections outsourcing covers under the same consent rules.

    Surveys and customer-feedback calls sit alongside these. They are lower risk but still need consent, a clear purpose statement and a short script that respects the customer’s time.

    SURVEYS AND FEEDBACK CALLS STILL NEED
    Consent
    A clear purpose statement
    A short script that respects the customer’s time

    Inbound vs outbound: how the two operations differ

    Inbound and outbound share a headset and a phone platform, and little else. They are hired, staffed, measured, governed and priced differently, and a vendor that runs both well usually runs them as separate teams with separate leaders.

    DIMENSION
    INBOUND
    OUTBOUND
    Who starts the call
    Answers customers who chose to call
    Reaches people who did not · the opening and the permission to call carry the weight
    What success looks like
    Service level, speed of answer, abandonment and first-call resolution
    Contact rate, conversion, revenue or saves per hour, and cost per acquisition
    How it is staffed
    A demand forecast by the half-hour
    The campaign plan and the calling windows in each customer’s time zone
    Which rules apply
    Data protection and payment security
    Adds consent, Do Not Call scrubbing, calling-hour limits and required disclosures on every dial
    Which profile fits
    Agents resolve and de-escalate
    Agents open conversations, handle objections and ask for a decision
    How the technology is set
    Routing and queue management
    List management and a dialer whose mode and pacing decide both productivity and compliance

    The differences that matter when you buy:

    Who starts the call. Inbound answers customers who chose to call; outbound reaches people who did not, so the opening and the permission to call carry the weight.

    What success looks like. Inbound is judged on service level, speed of answer, abandonment and first-call resolution. Outbound is judged on contact rate, conversion, revenue or saves per hour, and cost per acquisition.

    How it is staffed. Inbound staffing follows a demand forecast by the half-hour. Outbound staffing follows the campaign plan and the calling windows in each customer’s time zone, which the vendor controls.

    Which rules apply. Inbound compliance centers on data protection and payment security. Outbound adds consent, Do Not Call scrubbing, calling-hour limits and required disclosures on every dial.

    Which profile fits. Inbound agents resolve and de-escalate. Outbound agents open conversations, handle objections and ask for a decision, and they need coaching built around that; our hub on Philippine agent talent and training covers how vendors hire for each profile.

    How the technology is set. Inbound runs on routing and queue management. Outbound runs on list management and a dialer whose mode and pacing decide both productivity and compliance.

    Many programs combine the two in a blended model: agents answer inbound calls at peak and switch to outbound in the lulls, measured on occupancy. On PITON-Global-vetted floors, blended occupancy averaged 85% against a baseline near 72% in 2025–2026 engagements. Blending works best when the outbound work is simple, such as callbacks and renewal reminders; complex sales campaigns deserve their own team. For the inbound side in full, see our inbound call center hub.

    THE BLENDED MODEL · OCCUPANCY 2025–2026
    Blended occupancy
    Baseline
    72%
    Vetted
    85%
    Works best for simple outbound work · callbacks and renewal reminders · complex sales campaigns deserve their own team

    Dialers, lists and pacing

    The dialer decides how many conversations an agent has in an hour and how many people hear silence when they pick up. Set it for the campaign, not for maximum dials.

    MODE 01
    Preview dialing
    The agent sees the record before the call
    Complex B2B work and high-value accounts
    MODE 02
    Progressive dialing
    Places the next call when an agent is free
    Keeps abandoned calls near zero
    MODE 03
    Predictive dialing
    Places more calls than there are agents
    The most productive for large consumer lists · must be paced against abandonment rules and watched closely

    Preview dialing, where the agent sees the record before the call, suits complex B2B work and high-value accounts. Progressive dialing places the next call when an agent is free and keeps abandoned calls near zero. Predictive dialing places more calls than there are agents and is the most productive for large consumer lists, but it must be paced against abandonment rules and watched closely. Whatever the mode, list quality drives results more than dial volume: stale numbers, duplicates and missing time-zone data waste agent hours and raise compliance risk. Ask the vendor how it cleans, segments and refreshes lists, and how it protects caller ID reputation so your calls are not flagged as spam.

    LIST QUALITY DRIVES RESULTS MORE THAN DIAL VOLUME
    Stale numbersDuplicatesMissing time-zone data
    Ask how the vendor cleans, segments and refreshes lists, and how it protects caller ID reputation

    Retention and win-back calls

    The most valuable outbound call is often the one placed before a customer cancels. Win-back after churn is expensive; a well-timed retention call is cheap.

    Retention outbound runs on signals rather than lists bought by the thousand: usage dropping below the account’s own baseline, a billing dispute that lingers, a support ticket that ended badly, a renewal date approaching. Agents are briefed on the account’s history and armed with offers matched to its value, and the scorecard counts saves and lifetime value, not contacts. Tie the program to your customer service data so the signal reaches the outbound team within days; our customer service outsourcing hub covers the service operation those signals come from, and the omnichannel contact center hub explains how to follow up across email and messaging as well as voice.

    RUNS ON SIGNALS, NOT LISTS BOUGHT BY THE THOUSAND
    Usage dropping below the account’s own baseline
    A billing dispute that lingers
    A support ticket that ended badly
    A renewal date approaching
    NOT
    Contacts
    THE SCORECARD COUNTS
    Saves and lifetime value

    Measuring outbound results

    Measure outbound on outcomes per hour and cost per outcome. Dials and talk time describe activity; they say nothing about whether the campaign is working.

    The core scorecard covers contact rate, conversion rate on contacted records, revenue or saves per paid hour, cost per acquisition, quality score and compliance adherence. Across PITON-Global-vetted Philippine floors, outbound sales conversion averaged 31% against a baseline near 19% in 2025–2026 engagements. Review campaigns weekly at launch, test scripts and offers in controlled splits, and retire lists that no longer convert. The guide to call center KPIs defines each metric and how to set targets.

    OUTBOUND SALES CONVERSION · 2025–2026
    Vetted Philippine floors vs baseline
    Baseline
    19%
    Vetted
    31%
    THE CORE SCORECARD
    Contact rateConversion rate on contacted recordsRevenue or saves per paid hourCost per acquisitionQuality scoreCompliance adherence
    Dials and talk time describe activity; they say nothing about whether the campaign is working

    What it costs

    Indicative 2026 fully loaded rates on PITON-Global’s rate card run $10–16 per hour for outbound campaign, blended and retention agents, with team leads at $14–18 — roughly 50–70% below an onshore center. Final rates are confirmed through a competitive RFP among 6–10 vetted vendors.

    Outbound is where pricing models vary most. Hourly billing is still the norm, but many buyers now add per-appointment, per-sale or per-save incentives, or move part of the fee to outcomes; BusinessWorld’s May 2026 piece on the shift toward outcome-based pricing sets out the argument, and our note on why pricing is moving from per hour to outcomes explains the trade-offs. Pure pay-per-result deals can push agents toward pressure selling, so keep a quality and compliance gate on any incentive. Our pricing and cost guide models a full team.

    INDICATIVE 2026 FULLY LOADED RATES · PER HOUR
    Outbound campaign, blended and retention agents$10–16
    Team leads$14–18
    50–70%
    Below an onshore center
    6–10
    Vetted vendors in the competitive RFP
    WHERE PRICING MODELS VARY MOST
    Hourly billing · still the norm+Per-appointmentPer-salePer-save
    Keep a quality and compliance gate on any incentive

    How to choose a vendor

    Choose the vendor that can prove consent and conversion together. A floor that converts well without clean consent records is a liability; one with spotless records and no results is a cost.

    Ask each Philippine finalist to walk you through a live campaign: how the list was scrubbed, where consent is stored, how the dialer is paced, how disclosures are confirmed on the recording, and what conversion and cost per acquisition looked like week by week. Listen to a sample of calls, including the ones that did not convert. Treat “maximum dials at minimum cost” with no quality assurance, reluctance to share recordings, and pricing far below the market as reasons to walk away. PITON-Global’s seven-step vendor vetting framework describes how we test providers before they reach a shortlist, and the 24/7 call center hub explains how outbound teams can share round-the-clock coverage with inbound queues.

    CONVERTS WELL, NO CLEAN CONSENT
    A liability
    SPOTLESS RECORDS, NO RESULTS
    A cost
    WALK ME THROUGH A LIVE CAMPAIGN
    How the list was scrubbed
    Where consent is stored
    How the dialer is paced
    How disclosures are confirmed on the recording
    Conversion and cost per acquisition, week by week
    REASONS TO WALK AWAY
    “Maximum dials at minimum cost” with no quality assurance
    Reluctance to share recordings
    Pricing far below the market

    Hidden champions: the six to ten providers you’d otherwise have missed, lined up in 48 to 72 hours. Judge for yourself. No cost, no obligation.

      Frequently asked questions

      What kinds of outbound calls can be outsourced?+
      Lead qualification, appointment setting, web-inquiry callbacks, renewals and upgrades, onboarding and welcome calls, retention and win-back, surveys and early-stage collections. Each needs its own list, script and scorecard.
      Who is responsible for TCPA compliance?+
      You both are. The contract should require the vendor to scrub lists, enforce calling hours, confirm disclosures and keep consent evidence, but the brand whose name is on the call still carries exposure, so audit the controls rather than relying on a clause.
      Should inbound and outbound share the same agents?+
      Only for simple outbound work such as callbacks and reminders, in a blended model. Sales and retention campaigns perform better with a dedicated team, its own coaching and its own team lead.
      How quickly can an outbound campaign start?+
      Faster than a full inbound program, because there is less knowledge to transfer, but still after list review, consent checks, script approval and a pilot. Plan on a gated launch and scale only once the pilot converts at target.
      Is outcome-based pricing a good idea?+
      It can be, for well-defined outcomes such as booked appointments. Keep a base hourly component, tie any incentive to quality and compliance scores, and define exactly what counts as a result before the campaign starts.

      Get a shortlist of outbound teams that convert cleanly

      PITON-Global is a vendor-neutral advisory with no vendor relationships to protect. Tell us your campaign type, list size and conversion target, and we return a free shortlist of vetted outbound floors that have already delivered both results and clean consent records. Book a no-obligation call to begin.

      Book a no-obligation call →
      Authorship, Review & Benchmark Verification
      Authored by:
      Ralf Ellspermann, Founder and CSO of PITON-Global
      Ralf Ellspermann
      Chief Strategy Officer of PITON-Global
      25 Years Building and Advising Award-Winning Philippine BPO Operations

      Ralf benchmarks outbound centers on list compliance, dialer discipline and conversion per hour.

      View full bio  →
      Verified by:
      John Maczynski, CEO of PITON-Global
      John Maczynski
      CEO of PITON-Global
      Former Global EVP of the World’s Largest Contact Center · Four Decades of Outsourcing Experience

      John reviews the compliance controls and commercial terms behind each outbound program on this page.

      View full bio  →
      Last Reviewed & Verified · October 29, 2026

      Re-audited as TCPA, FCC and DNC rules evolve. Every benchmark on this page is held to PITON-Global’s internal vetting standard.