Santa Ana, Calif.-based Veros Real Estate Solutions, a provider of collateral risk analytics and decision systems, has released its new valuation review management (VRM) system – a fully automated product that is designed to centralize and streamline complex workflows.
For example, one of the many time-consuming operational tasks with traditional practice involves the selection, integration and communication between third-party vendors and clients. Veros' system reduces vendor management issues through automated features that allow real-time changes that immediately affect cost, efficiency and review quality, the company says.
The VRM system integrates with the VeroSELECT collateral risk management platform for front-to-back collateral risk management and review.