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MortgageServicing

2019 HW Tech100 winner: ARMCO Aces Risk Management

Assures quality across mortgage cycle

F1

 

 

 

ARMCO’s flagship technology, ACES Audit Technology, is used to assure quality across the entire mortgage cycle.

Companies that use ACES reported reduced review times, and documented efficiency gains of up to double previous production output with the same number of staff members. In 2018, the company rolled out several new solutions to address issues in loan files. One of its updates, Automated Document Manager, F1uses advanced robotic process automation technology to automatically identify, name and classify any and all documents within a loan file. ARMCO’s DataSure product, which was launched in October 2018, replaced the error prone, time consuming task of manually validating loan data through the stare-and-compare method with an automated process.

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