ACES Quality Management, which offers quality control software to the mortgage industry, reports that it recently added 10 new credit union clients to its roster.
As a result, ACES now serves six of the largest credit unions in the U.S., which are now using the ACES’ platform to bolster risk management.
Among the new clients are State Employees Credit Union of North Carolina, Lake Michigan Credit Union and Arizona Financial Credit Union.
These credit unions have moved onto the ACES platform to automate quality control and build a second line of defense to support mortgage and consumer lending.
ACES Quality Management & Control Software streamlines auditing workflow to improve speed, find pockets of risk and enhance the member experience. Robust quality, root cause and trend reporting assists with regulatory, executive and investor requirements, while the ACES compliance engine automates over 14,000 regulatory tests for mortgage origination, servicing and consumer lending.
“For over a century, credit unions have thrived by staying true to their mission of serving members with transparency and integrity,” says Trevor Gauthier, CEO for ACES, in a release. “At ACES, we help them continue that proud legacy with a unified platform that supports credit unions of all sizes in maintaining the highest standards of quality for their mortgage and consumer lending members. The ACES platform not only streamlines internal processes but also offers a comprehensive view of lending quality-empowering executives and staff to uphold the trust their members have placed in them and affirming regulators’ confidence in their lending practices.”
“Moving to the ACES platform has allowed our internal quality control team to maneuver through a large volume of audits with ease and accuracy,” says Patrick Smith, senior director of operations administration at Arizona Financial Credit Union. “It has been a game-changer for our leadership team to gain useful insights into common errors, and it has allowed for more robust and effective coaching opportunities.”