NEWS: (POMPANO BEACH, Fla.) ARMCO (ACES Risk Management), a leading provider of web-based quality control software for the financial services industry, announced it has been included in the 2016 HousingWire HW TECH100(TM) list for the second year in a row. In addition, ARMCO received special recognition as the winner of the “Elegant Implementation” category for its development of the ACES Analytics quality control (QC) benchmarking tool.
As the magazine stated in its March 2016 issue, “The purpose of the ‘elegant implementation’ category is to find simplicity where others have created complexity.” In its explanation, HousingWire’s editorial staff cited both ACES Analytics’ ability to benchmark loan quality against industry peers and its advanced reporting and data visualization capabilities as reasons why the solution was chosen for this honor.
“It is particularly gratifying to be recognized by HousingWire as this year’s winner of the Elegant Implementation award category,” said ARMCO CEO Avi Naider. “Our company mission is to provide solutions that simplify life for QC and compliance professionals who operate in a frequently changing and increasingly complex environment. We developed ACES Analytics so our customers could develop a better understanding of how QC and compliance in their organization stacks up against industry peers.”
The TECH100(TM) represents the housing economy’s 100 most innovative technology companies. Making the cut is a special honor reserved for the very best technology our industry has to offer. According to the publication:
We view innovation along with six discrete dimensions, and each company included on our list is reviewed with these dimensions as a guideline for inclusion:
* Market influence
* Market potential
* Unique solution
* Growth
* Elegant implementation
* Something else entirely (the “it” factor).
For each of the six dimensions, HousingWire editors select a winning company that best represents the given dimension, in addition to selecting the 100 companies that comprise the TECH100(TM).
“The companies in the HW TECH100 are providing innovative solutions to the traditionally hide-bound mortgage finance industry,” said HousingWire Editor-in-Chief Jacob Gaffney. “In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry.”
“It’s incredible to see the universe of tech options now available to our industry,” said HousingWire Magazine Editor Sarah Wheeler. “Some of the best and brightest minds are clearly working in our space to address the extraordinary challenges our industry is facing.”
For a full list of honorees, visit http://www.housingwire.com/articles/36387-the-2016-hw-tech100.
About HousingWire:
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions.
Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.
About ARMCO:
ARMCO – ACES Risk Management delivers web-based audit technology solutions, as well as powerful data and analytics, to the nation’s top mortgage lenders, servicers, investors and outsourcing professionals. A trusted partner devoted to client relationships, ARMCO offers best-in-class quality control and compliance software that provides U.S. banks, mortgage companies and service providers the technology and data needed to support loan integrity, meet regulatory requirements, reduce risk and drive positive business decisions. ARMCO’s flagship product, ACES Web Audit Technology(TM), is available at any point in the mortgage loan lifecycle, to any size lender, and is user-definable.
ACES Web standardizes audit requirements, ties pre-funding reviews to post-closing quality control audits, enables seamless trend analysis, identifies credit, compliance and process deficiencies and helps create manageable action plans. For more information, visit http://www.armco.us or call 1-954-202-5606.
Twitter: @AcesWeb
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