Providing Credit Unions Timely, Actionable Insights Into The Risk and Business Health of Indirect Lenders
Leveraging proprietary algorithms, called ARGONOMICS™, AR SURVEILLANCE easily automates third party risk monitoring and mitigation by collecting, synthesizing, and analyzing information from thousands of data points.
AR SURVEILLANCE improves governance and regulatory compliance by providing alerts and actionable insights that empower your institution to make decisions based on the latest overall risk evaluation of your lenders or any commercial third-party relationships.
The information provided by AR SURVEILLANCE is made more effective by its easy-to-understand, color-coded, 0 to 100 scoring that empowers almost anyone to make effective use of the service. Most subscribers are effectively using the system within minutes of their first login.
How It Works
Simply enter the name and address of a lender, or any commercial third-party, into the real-time dashboard. AR SURVEILLANCE immediately begins the process of gathering and synthesizing thousands of data points into a simple-to-understand profile.
The results include a street-level address view of the lender, the latest news, customer complaints, status of lawsuits and liens, and 38 key performance and financial indicators. These are presented via a dashboard in an easy-to-understand color-coded, 0 to 100 scale.
Email alerts keep subscribers aware of events that could have positive or negative impact on the risk and business health of the lender or third party. New liens and lawsuits, changes in risk classification, and shifts in key metrics will generate alerts to the subscribing credit union.
For credit unions who are looking to automate and enhance the governance and compliance within their indirect lending programs,