Contemporary Services, Inc. and ComplianceEase Form Partnership to Combine Innovative Online Quality Control Technology With the Industry's Leading Automated Compliance Solution.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden & GALENA galena (gəlē`nə) or lead glance, lustrous, blue-gray mineral crystallizing usually in cubes, sometimes in octahedrons. It is the most important ore and the principal source of lead. , Ill. -- Seamless Integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. Between the Companies' Flagship Solutions Enhances the Mortgage Industry's Most Affordable Quality Control Solution With Powerful Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Compliance Auditing Capabilities ComplianceEase(R), a leading provider of compliance and risk-management solutions and Contemporary Services Inc., (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ) announced today the formation of a strategic alliance partnership which will include a seamless integration between ComplianceAnalyzer(TM), ComplianceEase's flagship automated compliance solution, and the CSI's online quality control platform, QPro. The integration of the two companies' solutions will provide the residential mortgage industry with the unique and seamless combination of QPro's cost-effective quality control features and ComplianceAnalyzer's comprehensive automated compliance audits. CSI is focused on providing easy-to-use and cost-effective quality control solutions to the residential mortgage industry. The company's product, QPro, is a powerful, online application providing automated internet-based, post-close quality control audit reviews without the need to buy software. QPro enables mortgage firms to accurately and quickly conduct online quality control file reviews and cut the time spent on each file by up to 30%. The integration of ComplianceAnalyzer into QPro gives CSI's clients the option to seamlessly obtain instant reviews of federal, state and local anti-predatory lending laws and regulations, as well as state license-based consumer credit laws, entirely from within the QPro program during their quality control file audit review. CSI's clients are also able to easily access the ComplianceAnalyzer audits through the QPro system. Benefits of using ComplianceAnalyzer during the quality control review include increased loan quality level, detailed analysis of loan compliance findings, and fewer complications with lending regulations. ComplianceEase's flagship solution -- ComplianceAnalyzer(TM) -- is an Internet-based, on-demand solution that provides a fully featured Web browser-based application, as well as a seamless integration with various leading loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. systems. In addition to dramatically reducing the cost of compliance associated with the ever changing "high-cost" and consumer lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. regulations, ComplianceAnalyzer significantly improves a lender's ability to quantify Quantify - A performance analysis tool from Pure Software. and mitigate mit·i·gate v. To moderate in force or intensity. mit i·ga tion n. areas of regulatory risk. ComplianceAnalyzer was built from the ground up, utilizing industry expertise to provide features that are critical to an effective implementation of the type of internal controls dictated by thorough business process management practices, such as those mandated by recent oversight requirements in Section 404 of the Sarbanes-Oxley Act See SOX. . "We are excited about the opportunity to offer our customers access to ComplianceAnalyzer through QPro," said Jim Hansen, executive vice president of Contemporary Services Inc. "ComplianceEase has been a great alliance partner; the comprehensiveness of their solutions and their integration features clearly differentiate them from the competition. By partnering with ComplianceEase, we can empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems our clients with dynamic compliance auditing capabilities to be used during their online quality control reviews. We strongly believe that the combination of our online quality control program and their dynamic automated compliance solution adds value to our clients' business process because it streamlines their internal processes and increases the quality of their loans." "We are enthusiastic about our partnership with QPro," said David Girling, executive vice president of ComplianceEase. "Our strategic alliance allows CSI's clients to seamlessly access our automated compliance solution from within the QPro portal, via the click of a mouse or through an automatic trigger. This bypasses the integration challenges many lenders face, enabling them to immediately start auditing loans for compliance using ComplianceAnalyzer from within CSI's platform." About ComplianceEase(R) ComplianceEase, a division of LogicEase Solutions Inc., headquartered in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , is a premier provider of intelligent business solutions to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. ComplianceEase's web-based platform -- ComplianceAnalyzer -- is the mortgage industry's leading automated compliance solution. The ComplianceEase expert system utilizes advanced reasoning and decisioning technologies as well as natural language processing Natural language processing Computer analysis and generation of natural language text. The goal is to enable natural languages, such as English, French, or Japanese, to serve either as the medium through which users interact with computer systems such as to power beginning-to-end solutions in a fraction of the time and for a fraction of the cost of traditional approaches, while providing high levels of accuracy and integrity. ComplianceEase's significant and growing client base includes top tier mortgage lenders, banks, and Wall Street firms. Managed by a team of highly experienced and innovative mortgage professionals, the company is funded by the First American Corporation
Officially referred to as The First American Corporation (FAC) , , the WI Harper Group, and the senior management team. For more information about ComplianceEase, visit www.ComplianceEase.com. About Contemporary Services, Inc. Contemporary Services, Inc., headquartered in Galena Illinois is the provider of QPro, the mortgage industry's premier Quality Control Automation solution. QPro is an Internet-based system which provides an easy and efficient Quality Control solution to anyone from small mortgage brokers to national mortgage lenders. CSI.also provides outsourced quality control when clients don't have the time or resources to do their quality control in house. CSI is one of the nations leading staffing services for the mortgage industry and has been providing exceptional service to the mortgage industry for over 15 years. Its clients include many of the nation's largest mortgage lenders. For more information about CSI's Quality Control services visit www.QGrouponline.com and for staffing services visit www.MortgageStaff.com. |
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