SitusAMC Adds ComplianceEase® Software to Growing Technology Portfolio
Summary
John Vong, a founder of ComplianceEase who will stay on as chairman, added, "SitusAMC was a logical choice for us given the companys expertise in regulatory compliance requirements and passion for innovative technology." ComplianceEase CEO Michael Jackman added, "we are excited to be joining SitusAMC to advance our joint goal of driving further automation in residential mortgage markets." • ComplianceAnalyzer® - the most widely used and trusted mortgage compliance solution running fully automated loan audits and providing comprehensive reporting through the proprietary interactive dashboard, RiskIndicator™. With the acquisition of ComplianceEase, SitusAMC expands its rapidly growing residential technology offerings which include systems of record for the custodial and warehouse space (emBTRUST and ProMerit); product, pricing, and eligibility for loan conduits (The Rate Lock System); document classification and data extraction (Acuity); document management (DocAcuity); and loan accounting (SBO.NET). ComplianceEase combines regulatory expertise with innovative technology to power end-to-end risk management solutions that help financial institutions improve compliance controls and increase profitability.
