Automated Data Compare
- Increase QA efficiencies with data extraction confidence levels exceeding 95%
- Save time by eliminating antiquated “stare-and-compare” tactics
- Reduce gross defect rates by identifying missing critical documents
- Automatically validate TRID disclosures v. LOS with TRIDCompare™
According to the ACES Analytics industry QC benchmarking tool, 31% of gross defects are caused by missing documents. In an ongoing effort to help its clients reduce defects and increase productivity, ARMCO continues to offer an evolving set of product enhancements to meet the shifting challenges of loan production. Powerful indexing technology identifies missing key documents in the loan file and generates automatic requests for documents to the responsible parties.
In addition, making sure your TRID disclosures match the data in your LOS is now more crucial than ever. ARMCO introduces TRIDCompare within its Auto Data Compare (ADC) technology, allowing you to automatically identify discrepancies in the loan file between the Loan Estimate, the Closing Disclosure and the data in the LOS. Using the ADC technology within ACES, clients can index documents, easily view any discrepancies and identify missing critical documents and inconsistencies, such as conflicting or missing data between multiple documents, with just the click of a mouse. Download the Brochure
Ensure TRID Compliance with TRIDCompare
ARMCO’s TRIDCompare allows clients to automatically validate TRID disclosures against LOS data. Increase efficiencies and save time by matching critical documents side-by-side with a click of the mouse. Easily find and quickly rectify discrepancies before closing a loan.
Achieve ultimate confidence in your TRID compliance process with TRIDCompare.
Stay Organized with an Easy Navigation Filing System
Document indexing provides a more efficient process for the identification and organization of the multiple documents contained within a loan file. ACES makes it easy to upload data and bookmark each loan document with customized or preset categories and sub categories.
Save time by housing all your loan documents electronically in one place and find multiple documents within seconds with just a click.
Reduce Defect Rates by Identifying Missing Documents
ACES Web allows clients to reduce gross defect rates by identifying missing documents associated with a given loan file. The set of documents needed for the loan can be customized by the client and criteria-driven. Documents identifed as missing are then automatically requested from the responsible party via ARMCO’s Communication Portal.
Easy Signature Validation Across Loan Documents
Advanced extraction technology gives you the ability to examine signatures and other critical data elements within multiple documents side-by-side. Quickly and easily validate data with 100% transparency and identify discrepancies and potential fraud.
Increase Quality Assurance Efficiencies
ACES automated data extraction tools allow clients to increase QA efficiencies while providing data extraction confidence levels exceeding 95%. Advanced data extraction tools allow clients to quickly link to each document where the discrepancies have been identified and address exceptions.
Eliminate “Stare and Compare” by using ACES ADC technology to do the work for you!
Control Risk Mitigation, Defects & Non-Compliance
ACES Automated Data Compare Solutions gives you more confidence in loan quality while saving valuable time, allowing you to process more loans.
Let us provide you further detail on the extensive capabilities within ACES. Contact us to schedule a personal consultation, and discover how ACES quality control and compliance software can be tailored to you and your organization’s exact needs.