FOR IMMEDIATE RELEASE
San Francisco, CA – February 8, 2011 – Cogent QC Systems, the leading developer of loan quality control and compliance solutions for the financial services industry, today announced the release of Version 3.0 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 includes: enhanced audit findings feedback functionality; new enterprise level security features; additional controls over data elements displayed, user activity permitted, audit environment behavior and audit activity tracked. [For a full list of new features, please go to https://cogentqc.com/cogentqc-net-version-3-0/.]
“We have been working closely with our clients over the past year to find ways to leverage the power and flexibility of the CogentQC.NET architecture,” said James Robinson, President of Cogent QC Systems. “This has resulted in the enhancements you see in Version 3.0, as well as the extension of the Cogent solution beyond the mortgage world to QC and compliance testing of consumer loans and other financial products.”
Cogent’s CogentQC.NET systems utilize Microsoft’s .NET Service Oriented Architecture (SOA) and Microsoft SQL Server to offer the most efficient, flexible and powerful QC and compliance solution available.
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 have guided the mortgage loan quality control of over $3 trillion in 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, james.robinson@cogentqc.com, 415-495-3660 x209.
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© 2011 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.