Indecomm Announces Next Generation AuditGenius® Risk Management Software
Read More >Highlights:
- AuditGenius® Software as a Service released with new features and enhancements for automating loan audits and risk management
- Next generation technology leveraging OCR, RPA, and Machine Learning
- Product includes new functionality including automated Loan Audit Reviews, HMDA Reviews, and a new Business Intelligence module
Edison, NJ – Thursday, January 16, 2018 – Indecomm Global Services, a leading provider of business process as a service (BPaaS), software as a service (SaaS) technology, and learning solutions for the mortgage industry, announced today the availability of AuditGenius®, Indecomm’s next generation technology solution for automated loan audits and mortgage risk management.
AuditGenius® is the next generation technology of Kaizen® – Indecomm’s proprietary, internally used, web-based SaaS solution developed to simplify the loan audit process for effective and efficient mortgage risk management. The genesis of AuditGenius® was the overwhelming need in the mortgage industry to simplify the loan audit process and improve loan quality reporting. This tried and true solution provides a more transparent and efficient delivery of our Business Process as a Service (BPaaS) solutions and is now available to our clients in a Software as a Service (SaaS) model.
“We continuously seek ways to bring about improvements through new technology innovations,” said Rajan Nair, CEO, Financial Services, Indecomm Global Services. “Indecomm’s AuditGenius® technology for risk management and loan audit automation is built on the latest advancements in Automated Data Extraction and Machine Learning. AuditGenius changes the way loan audits and reviews are done by automating large parts of the process, eliminating redundant touches and providing meaningful insight into loan quality metrics. AuditGenius will lower loan review costs by 30 to 40 per cent and make it possible for lenders to fix data and document quality issues at the front-end of the mortgage lifecycle.”
Existing clients will benefit from the updated user experience, additional audit process features, and improved performance. In addition to those benefits, existing Indecomm clients will have the opportunity to subscribe to the AuditGenius® automation and business intelligence modules.
Indecomm has over 25 years of experience in the mortgage loan life cycle, providing outsourcing services to clients ranging from loan set-up, processing, underwriting, compliance, mortgage disclosures, and quality assurance. Indecomm’s extensive experience in mortgage lending was the catalyst for the development of next generation technology solutions that support efficiencies, cost-savings, and business intelligence needs.
The first release of the next generation AuditGenius® includes the following automated workflows:
- Loan Estimate & Closing Disclosure (LE & CD) Comparison Review
- HMDA Data Review
Upcoming releases will feature these new automation modules:
- Loan Setup and Validation
- Post-Closing Quality Control (PCQC) Audits
- Compliance Reviews
- Pre-Funding QA Reviews
- Servicing Reviews
- Pre-Purchase Due Diligence Reviews
To learn more about AuditGenius®, visit https://mortgage.indecomm.net or email marketing@indecomm.net to schedule a demo.
About Indecomm Global Services
Indecomm was founded in 2003 as a technology-enabled services company focused on high-speed document imaging technologies and automated data capture from structured and unstructured forms, with an innate ability to apply these technologies meaningfully to improve operational efficiency and client experience. We have been consistently ranked among the Global Top 100 IT and ITeS providers. With over 3,800 associates in 21 locations, Indecomm services its clients from global delivery centers and offices in the United States, Mexico, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, the Philippines, Mauritius, and the Cayman Islands. We have active business engagements with over 300 global clients, including 20+ Fortune 500 companies.
Visit https://www.indecomm.com or call (732) 404-0081 to learn more.
About Indecomm Mortgage Services
Indecomm Mortgage Services is a leading provider of business services and technology for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm Mortgage Services provides outsourcing services, software as a service (SaaS) technology, and learning solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow.
Visit https://mortgage.indecomm.net or call (732) 404-0081 to learn more.
Press Contact
Krista K. Sabol – Marketing Director, Financial Services
Indecomm Global Services
krista.sabol@indecomm.net or 540-533-0991
Industry Experts from Indecomm and Advanced Data will field income analysis questions in this free webinar on 11/08/2018
Edison, NJ, and Milford, PA – November 2, 2018 – Indecomm Global Services, a leading provider of business process as a service (BPaaS), software as a service (SaaS) technology, and learning solutions for the mortgage industry, announced open registration for its Income Analysis “Ask Me Anything” Webinar scheduled for Thursday, November 8, 2018 from Noon to 1 p.m. EST. Participation is free and registration is required. Industry experts Rachael Harris of Indecomm and Allen Johnson of Advanced Data® will field income analysis questions during the 60-minute webinar.
Rachael Harris is Director of Product Management for Indecomm and manages IncomeGenius®, the company’s automated income calculation and analysis software. Allen Johnson is CEO and Founder of Advanced Data®, a mortgage industry leader in enterprise-wide fraud prevention and enhanced verifications, including the company’s Income Tax Verification (ITV) service.
Participants will be able to ask speakers questions relative to income analysis in the mortgage lending process and its impact to closing mortgage loans quickly and accurately. Participants will be able to ask questions in advance or live during the session, such as:
- Are signed tax returns required for a sole-proprietor?
- My client has a W2 job and a side hustle. Does the side hustle matter for qualifying for a mortgage?
- Distribution. Solvency. Liquidity. What’s that? Why do I care?
- My client has seasonal overtime. What’s next?
The Income Analysis “Ask Me Anything” Webinar is scheduled for Thursday, November 8, 2018 from Noon to 1:00 p.m. EST. To register for free, visit https://mortgage.indecomm.net/income-analysis-webinar.
About Indecomm Global Services
Indecomm was founded in 2003 as a technology-enabled services company focused on high-speed document imaging technologies and automated data capture from structured and unstructured forms, with an innate ability to apply these technologies meaningfully to improve operational efficiency and client experience. We have been consistently ranked among the Global Top 100 IT and ITeS providers. With over 3,800 associates in 21 locations, Indecomm services its clients from global delivery centers and offices in the United States, Mexico, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, the Philippines, Mauritius, and the Cayman Islands. We have active business engagements with over 300 global clients, including 20+ Fortune 500 companies.
Visit www.indecomm.com or call (732) 404-0081 to learn more.
About Indecomm Mortgage Services
Indecomm Mortgage Services is a leading provider of business services and technology for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm Mortgage Services provides outsourcing services, software as a service (SaaS) technology, and learning solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow.
Visit https://mortgage.indecomm.net or call (732) 404-0081 to learn more.
To learn more about IncomeGenius, visit https://mortgage.indecomm.net/incomegenius/.
Press Contacts for Indecomm
Krista K. Sabol
Marketing Director, Mortgage Group
Indecomm Global Services
krista.sabol@indecomm.net
540-533-0991
About Advanced Data
About Advanced Data Advanced Data is recognized as the standard for enterprise-wide mortgage data integrity, specializing in fraud prevention and enhanced verifications. Its proprietary technology is integrated with loan origination systems, and the firm offers a SaaS platform for clients that prefer a custom solution. Its services include eTax Verification Form 4506-Ts, proprietary eVoE™ technology, streamlined verifications and re-verifications of employment, fraud reports, social security number verifications, AVM plus property inspection, and flood zone determinations. Advanced Data’s proprietary Fraud Report identifies each loan’s fraud risk before and after funding. The firm prides itself in being one of the only firms in its sector to employ an in-house development group, which ensures its technology provides a competitive advantage to clients and can be customized to their needs.
For more information, visit www.advanceddata.com.
To learn more about Advanced Data’s products and services, visit www.advanceddata.com.
Press Contact for Advanced Data
Jesse Goonsantiviboon
Chief Technology Officer
jesse@advanceddata.com
(800) 537-0458