ACES Quality Management (ACES) announced the release of its Deposit Accounts Audit Pack. The pre-configured audit pack is designed to assist financial institutions with meeting the deposit account monitoring requirements from the Federal Deposit Insurance Corporation and other regulators.
As the leading provider of enterprise quality management and control software for the financial services industry, ACES serves the nation’s most prominent lenders, servicers and financial institutions to help improve audit throughput and quality while controlling costs, including 60 percent of the top 50 independent mortgage lenders and eight of the top 10 loan servicers.
“The monitoring of both new and existing deposit accounts is an important component of any strong consumer risk management program,” ACES CEO Trevor Gauthier said. “With the ACES Deposit Audit Pack, banks and credit unions can quickly and easily automate oversight of their deposit accounts to ensure compliance and mitigate risk.”
The ACES Deposit Audit Pack includes custom data fields, ACES Managed Questionnaires and three new custom reports in Business Objects. Using ACES’ Flexible Audit Technology, all features can be customized to meet a financial institution’s needs and workflows.
To learn more about the ACES Deposit Audit Pack or the full suite of audit packs available within ACES Quality Management & Control Software, visit their website.