MISSION VIEJO, Calif., Oct. 10, 2011 (SEND2PRESS NEWSWIRE) — Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, today introduced REALM IQ(R), a powerful business intelligence reporting system that helps lenders have complete control of their data with unparalleled reporting capabilities.
“The ability for lenders to acquire fast and accurate business intelligence is becoming more important for lenders today. Executives have to make critical decisions very quickly, so gleaning meaningful and actionable use of their third party originator data is very important,” says Greg Schroeder, president of Comergence. “REALM IQ provides the business intelligence tool lenders need to learn about their key performance indicators. Lender executives can monitor the status of their business with ease, analyzing data at any level, from an overview down to intricate detail.”
REALM IQ combines Comergence’s proprietary TPO data with the lenders LOS data to create executive dashboards and enterprise-wide reports designed by Comergence specifically for the needs of mortgage lenders.
“What we have created in REALM IQ is the industry’s first solution that transforms compliance and sales data into knowledge,” says Michael Stallings, executive vice president of Comergence. “With our Enterprise edition, lender clients can create and customize their views to analyze TPO and compliance data from any perspective. Lenders can also institute varying degrees of access to data, based on the level of the individual user.”
About Comergence:
Comergence Compliance Monitoring, headquartered in Mission Viejo, California, is the lending industry’s premier risk management firm specializing in mortgage originator due diligence and profile monitoring. Having created the mortgage industry’s first and only end-to-end, SaaS solution for TPO management and compliance monitoring, Comergence provides a comprehensive alternative to a lender’s in-house resources. Comergence uses a variety of best-practice processes, proprietary monitoring technology and hands-on service protocols to provide lenders unparalleled simplicity, security and quality.
For more information about Comergence Compliance Monitoring, visit http://www.comergencecompliance.com .
News Source: Comergence Compliance Monitoring
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