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Corporate News
12-Jun-23
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Coforge partners with FundMore to develop compliance automation solution for mortage industry
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FundMore, an award-winning mortgage underwriting software, has partnered with Coforge to develop a state-of-the-art platform designed to automate QC, risk management and regulatory compliance in the mortgage industry.
QC automation substantially reduces the time and effort needed for reviewing loan files using OCR technology, rules engines and automated workflows. This leads to more holistic, efficient,and accurate QC and compliance processes. It enables financial institutions to conduct
comprehensive audits and implement quality control measures, ensuring every relevant data point is considered during quality reviews. By leveraging advanced technology, the partnership empowers financial institutions to enhance the overall efficiency of their quality control and
compliance processes.
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