Tag Archives: risk management software

Aclaró AI: Helping You Manage Risk in Uncertain Times by Lowering Our Risk Management AI Price to $999/month

CHICAGO, Ill. /ScoopCloud/ -- The rise of COVID-19 is one of the most disruptive forces in recent memory, note Aclaró. Regardless of where you live, the coronavirus is changing nearly every element of modern-day life, whether that is social distancing, the omission of handshakes, and even the purchase of bulk goods for a sustained quarantine.

The coronavirus is also affecting nearly every sector or industry-including the automotive lending industry. Whether you work in the finance department of a car dealership or at an auto lending firm, this Black Swan event may be causing immense stress on your business. We are now living in a world where possible potential risks have become all-too-real risks. Borrowers may find it difficult to pay back their auto loans. Increase in payment default is all but certain. All of us at Aclaró AI are ready to help you manage these new risks.

Regardless of the size of your auto lending business, our sophisticated artificial intelligence ("AI") systems can help your finance team remotely mitigate risk and safeguard your auto loan portfolio. The near-term future is so uncertain, we want to do our part to help your business come out of this crisis with as little damage as possible.

Mitigating Risk Through Near-Term Uncertainty

Aclaró AI's overarching mission is to help our clients leverage AI to grow their dealerships and sales. Our team has worked hard to develop extremely advanced AI algorithms to assess portfolio risk and stay ahead of the unknown.

For instance, our TrueView product lets clients get a granular look at potential loan defaults. It lets you easily manage your entire loan portfolio, whether you want to identify some of your riskiest loans, safest loans, or both. Within the TrueView dashboard, you can quickly see metrics like insurance coverage, credit terms, vehicle data, employment information, and more. With the continuing spread of the coronavirus, TrueView can deliver some much-needed peace of mind, as it can deliver clients with upwards of 97% precision on the likelihood of full loan payment or default. TrueView provides default alerts months ahead of the default event. As it has been tested in over two million real-time loan risk evaluations in the past 18 months, TrueView can go a long way in mitigating your overall risk.

TrueView is just one of our products that can help you navigate these uncertain times. Some of our other products include Nexus Score and Nano Profile (which let you access granular information about a prospect's financial health) and EngageMe (which is a consumer engagement app that identifies a borrower's propensity to buy). Using all of these products together, you and your team can capitalize on data to minimize defaults and underwrite loans that are likely to be paid off.

When designing all of Aclaró AI's products, we were laser-focused on making the experience as seamless as possible. Our software lets you access real-time data wherever you are. We like to think of TrueView as a real-life risk management expert that is available anytime and anywhere. We can deliver personalized insights on your auto loan portfolio in real time and offer ideas on how you can minimize risk in the next few months. Even better, our services are not affected by things like quarantines, employee absences, or travel bans. We are always available and can be a trusted asset as your company navigates these near-unprecedented times.

If you are not yet an Aclaró AI client, we invite you to learn more about our platform by clicking here - http://aclaro-4642182.hs-sites.com/aclaro-loan-risk-repayment-insider-look_1-0

To help you manage your risk in these trying times, we have reduced the cost of our platform to start at $999 per month for portfolios of up to $25 million. Ultimately, we make it easy and highly cost-effective for you to leverage some of the most sophisticated AI technology to manage loan risk. Given the uncertain times we are living in becoming an Aclaró AI client is a smart investment.

Navigating Through the Fog

It is unclear when we will return to a sense of normalcy. Some say that we will be back to normal in just a few months while others project that the shakeout will take much longer.

However long it takes, the one thing we do know is that all businesses today must invest more time and resources into risk management. At Aclaró AI, we are laser-focused on helping our clients minimize their auto loan risk. We have developed a complete system that can identify risk and latent demand within your lending portfolio, allowing you to reduce financial damage from this global pandemic.

We invite you to reach out to us to learn more. We would be happy to answer any questions or concerns that you may have. Just click below to schedule a quick introduction call: https://calendly.com/carlos-galarce

Website: https://aclaro.io/

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The rise of COVID-19 is one of the most disruptive forces in recent memory, note Aclaró. Regardless of where you live, the coronavirus is changing nearly every element of modern-day life, whether that is social distancing, the omission of handshakes, and even the purchase of bulk goods for a sustained quarantine.

Related link: https://aclaro.io/

ARMCO Expands Client Base by Adding KWIK Mortgage, The KLR Group and Several Top 25 Mortgage Lenders

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.

"We needed a faster, more efficient quality control platform to keep up with the digital POS and LOS solutions we've implemented in recent years," said Paul Campbell, EVP Retail Lending at KWIK Mortgage. "ACES enable us to transact loans faster, while assuring us higher quality and compliance."

"The purchase market may be contracting, but lenders' regulatory concerns are growing," said Phil McCall, president of ARMCO. "Smart organizations, like KWIK and The KLR Group, are proactive about minimizing risk exposure and keeping pace with today's faster digital mortgage processing and realize that QC technology is key to both."

"When it comes to post-close quality control, the primary concerns are compliance in both loan underwriting/investor requirements as well as the GSE review requirements," said Ed Hunter, President and Founder of The KLR Group. "The KLR Group must deliver in both these worlds for clients with different goals, objectives and processes. ACES gives us the platform to consistently hit turn-times, configure services to meet individual client needs and deliver unequalled quality in a very price competitive environment."

ARMCO's technologies are known to expedite the QC process and enable scalability. Its flagship product ACES Audit Technology(TM) is a fully configurable, enterprise-wide audit platform that uses multi-answer questionnaires to cut review times by up to 50%. ACES Automated Document Manager identifies missing documents within loan file as well as bookmarks and indexes for ease of review.

"Our growth not only benefits ARMCO, but also our new clients, who can be confident in the compliance and quality of loans they're transacting," said McCall. "All this adds up to a big win for the industry."

ABOUT ARMCO

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider of risk management software. ARMCO's product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology(TM), has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing. ARMCO's consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

For more information, visit http://www.armco.us/ or call 1-800-858-1598.

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.

Related link: https://www.armco.us/

ARMCO Bolsters C-Suite by Hiring Kyle Kehoe as Chief Revenue Officer

POMPANO BEACH, Fla. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired Kyle Kehoe as chief revenue officer.

Kyle's focus will be accelerating ARMCO's organic revenue growth, from its strong base in the mortgage vertical into adjacent markets in financial services, both commercial and consumer. He will also help guide the development and commercialization of ARMCO's next generation of products and services, and ensure the company continues to deliver best-in-class customer experiences.

Across his 20-year career as an executive and revenue leader with CRIF Lending Solutions/MeridianLink, Yodlee and Equifax, Kyle has built and led exceptional enterprise sales, product and marketing teams.

"We are proud to announce Kyle as ARMCO's chief revenue officer, and thrilled to have him on our executive team," said Avi Naider, ARMCO's CEO. "His strategic vision, industry leadership, commercial acumen and personal integrity are the qualities we seek in our executive team."

"As provider of the most advanced quality control and compliance technology, ARMCO is in prime position for expansion," said Kyle Kehoe, CRO. "I look forward to helping lenders, servicers, banks and other financial institutions achieve the increased revenue, reduced risk, and enhanced client experiences that come from choosing ARMCO as a technology partner."

"I believe we drafted a high-impact player in Kyle, one who has delivered results across two decades and through some tough industry cycles," said Phil McCall, ARMCO's president.

ABOUT ARMCO:

Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider of risk management software. ARMCO's product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology(TM), has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing. ARMCO's consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality.

For more information, visit http://www.armco.us/ or call 1-800-858-1598.

ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired Kyle Kehoe as chief revenue officer. Kyle's focus will be accelerating ARMCO's organic revenue growth.

Related link: https://www.armco.us/