""Cogent QC Systems"":http://www.CogentQC.com, a San Francisco-based developer of loan quality control and compliance solutions for the financial services industry, recently announced the release of Version 2.0 of its CogentQC.NET platform,[IMAGE]which includes ServicingQC.NET for quality control of servicing processes and ProductionQC.NET for quality control of loan originations.
The company explained that the new release incorporates an enhanced Report Writer tool, greater flexibility and control over audit environments, easier management of queries (including targeted sampling and audit question
[COLUMN_BREAK]conditioning), more robust data integrity checks, and improved feedback, loan assignment, and user access controls.
""We got a lot of positive feedback from users of Version 1.0 and a lot of very useful suggestions,"" said James Robinson, president of Cogent QC Systems. ""Version 2.0 incorporates many of those suggestions, as well as the efficiencies we've gained from implementing the platform in multiple client environments.""
Cogent's new CogentQC.NET systems leverage .NET's Service Oriented Architecture (SOA) to offer a more efficient, flexible, and powerful solution, the company said. Among the new features is an interface with SQL databases, a streamlined user interface, improved audit shell design, a new sampling wizard, a Report Writer tool, and improved help content.
""Cogent QC Systems"":http://www.CogentQC.com is a division of Cogent Economics, Inc. and specializes in software tools and services for loan quality control, compliance, and due diligence. Founded in 1991, Cogent's solutions have been deployed by over 100 clients, including most of the top lenders in the United States. The company's systems help guide the mortgage loan quality control of over $1 trillion in annual mortgage originations and 4 million servicing records.