RiskTech Forum

Wolters Kluwer Launches Vanceo Mortgage

Posted: 19 October 2018  |  Source: Wolters Kluwer

Wolters Kluwer today announced the launch of its newest solution, Vanceo™ Mortgage, an easy-to-use loan processing system that creates highly intelligent and compliant, end-to-end loan origination workflows. The solution is designed to assign role-based tasks and enhance visibility for an institution’s mortgage lending operations and compliance management.

Vanceo Mortgage is unique to the market in that it takes a user-centric approach to compliance by providing lenders with intuitive dashboards and intelligence that help narrow in on critical action items. The advanced functionality allows financial institutions to address potential issues earlier, faster, and strengthen customer relationships. The result is streamlined, efficient and highly intuitive compliance management for both lenders and consumers.

Additionally, Vanceo Mortgage eliminates the need for tracking in multiple systems the status and information on any transaction through its ability to create both systematic and manual process checkpoints. More specifically, Vanceo Mortgage addresses four major needs in the industry:

“Financial institutions need solutions that are more intuitive and aligned with their business processes to meet consumer and regulator expectations,” said Samir Agarwal, Vice President of Wolters Kluwer GRC Banking Solutions. “We embarked on a journey to solve customer needs with their voice as the driver. Vanceo Mortgage delivers unprecedented value to lenders by enabling compliance, while improving their productivity, speed-to-close, and consumer experience.”

For more information on Vanceo Mortgage, visit our website.