FOR IMMEDIATE RELEASE
San Francisco, CA – January 15, 2010 – Cogent QC Systems, the leading developer of loan quality control and compliance solutions for the financial services industry, today announced the release of Version 2.0 of its CogentQC.NET platform, which includes ServicingQC.NET for quality control of servicing processes and ProductionQC.NET for quality control of loan originations.
The new release incorporates a significantly enhanced Report Writer tool, greater flexibility and control over audit environments, easier management of queries (including targeted sampling and audit question conditioning), more robust data integrity checks, and improved feedback, loan assignment and user access controls. [For a full list of new features, please go to https://www.cogentqc.com/Version2NewFeatures.php.]
“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. Among the new features in CogentQC.NET: interface with SQL databases, a radically streamlined user interface, improved audit shell design, a new sampling wizard, a powerful Report Writer tool, and improved Help.
About Cogent QC Systems
Cogent QC Systems, a division of Cogent Economics, Inc., specializes in software tools and services for loan quality control, compliance and due diligence. Founded in 1991 and based in San Francisco, Cogent is recognized as the industry leader in the use of statistics for monitoring quality and compliance. Cogent QC Systems — including ProductionQC, ServicingQC, PipelineQC , ComplianceQC, and DueDiligenceQC — have been deployed by over 100 clients, including most of the top lenders in the United States, and guide the mortgage loan quality control of over $1 trillion in annual mortgage originations and 4 million servicing records. The Cogent QC suite is widely recognized as the best mortgage quality control and mortgage compliance software available and is a winner of Mortgage Technology’s “Fix-It” Award. Most recently, Cogent was commended by the magazine for its Lasting Impact on the mortgage industry.
For more information about Cogent Economics and the integrated suite of Cogent QC Systems, please visit https://www.cogentqc.com or contact James Robinson, firstname.lastname@example.org, 415-495-3660 x209.
© 2005 Cogent Economics, Inc. All rights reserved. CogentQC, ProductionQC, PipelineQC, ServicingQC, ComplianceQC, DueDiligenceQC and Fair Lending Monitor are trademarks and/or registered trademarks of Cogent Economics, Inc.