ACES Risk Management (ARMCO), a provider of Web-based quality control software for the mortgage industry, announced this week the addition of new enhancements to its Web Audit Technology via integration with analytics software leader Tableau Software.
Thanks to Tableau's data analytics, ARMCO customers are able to create highly visual analysis using real-time data available to them through ACES. Through the integrated reporting dashboard, users have the option to employ a set of pre-defined reports or create their own with Tableau's drag-and-drop functionality.
Another new benefit to users comes in the form of Tableau's dynamic reporting capabilities, which allow recipients to interact with data being reported and filter the information in their own quality control and compliance software.
"Big data is an idea whose time has come for the mortgage industry," said Avi Naider, chairman and CEO of Florida-based ARMCO. "The level of detailed reporting Tableau provides allows our customers to get their arms around the data they possess to uncover actionable insights regarding the quality of their loan production and portfolio."
Scott Jones, SVP of Americas sales for Tableau, called the integration with ARMCO "an exciting step forward for mortgage quality control reporting."
"ARMCO's industry expertise in web-based quality control software and audit technology will help bring Tableau to mortgage banking professionals striving to make data-driven decisions to improve loan quality and manufacturing processes," Jones said.