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features
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support

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Description

Imagine boosting the accuracy of compliance testing while simultaneously cutting costs. True Comply streamlines the traditionally labor-intensive and expensive compliance testing by automating the document review process within a unified platform. You can assess your entire portfolio in a fraction of the time it would require to manually evaluate even a smaller subset. This approach provides a more comprehensive understanding of your organization’s compliance status and significantly mitigates the risk of incurring hefty non-compliance penalties. The automation offered by True Comply removes the necessity for manual comparisons between loan documents and the data submitted to regulators. By identifying discrepancies and exceptions early on, you can avoid wasting time later during your audit. Relying on testing only a small portion of your loan submissions poses considerable risks, as mistakes may go unnoticed. With an upgraded document review process, you'll have the opportunity to conduct a more in-depth analysis, empowering your organization to ensure compliance effectively and efficiently. This not only protects your company but also enhances its reputation in the market.

Description

The growing demand for thorough examination, risk mitigation, and the constant evolution of regulations has made the procedures for originating and closing various banking products increasingly intricate. This applies to a range of offerings, including consumer loans, personal loans, credit cards, and mortgages, all of which necessitate adherence to a complex framework of regulations, internal and external policies, and intricate yet consistently repeatable workflows. i-Apply provides a solution for lenders to pinpoint efficiencies in their processes, tailor workflows to their needs, and stay aligned with regulatory updates. Designed to be versatile and platform-agnostic, this solution accommodates a broad spectrum of financial products, effectively managing credit product decisions, origination, administration, and collections. By utilizing both external and internal scoring systems, as well as pre-filled Know Your Customer (KYC) data, the platform reduces the need for extensive data entry, enabling bank personnel to concentrate on engaging with the right customers and cultivating high-quality loan portfolios. In doing so, the system not only enhances operational efficiency but also supports compliance efforts in a fast-paced financial landscape.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$100000 one-time payment
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

PwC

Founded

1998

Country

United Kingdom

Website

www.pwc.com/us/en/products/true-comply.html

Vendor Details

Company Name

Relational

Founded

1995

Country

Greece

Website

www.relationalfs.com/rproducts/i-apply/

Product Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

Product Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

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