Compliance Newshub
ACES News

DENVER, Colo., December 8, 2020—ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of several key features and enhancements to its ACES Quality Management & Control Software™. The updates are designed to improve reporting through the system and create a highly customizable, easy-to-use experience.

Commonly reported data is now readily available for reporting directly in the ACES user interface (UI) through a library of standard reports. With a simpler, yet flexible and intuitive user experience and more options to customize their ACES environments, users can quickly and easily create their own reports or modify default reports to drill down on specific data points, as well as apply filters, sort columns and set order preferences.

DENVER, Colo., October 1, 2020—ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%. Since January, ACES has signed several top 25 lenders, including Thrive Mortgage, Plains Commerce Bank, Strong Home Mortgage, LenderWorks and Fulton Bank, as well as one of the nation’s top fintech lenders.

Sustained defect rate improvement fueled by increase in refinance and conventional transactions while EPD increase attributed to the “COVID effect”

DENVER, Colo., September 17, 2020—ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Quality Management and Control Software™, covers the first quarter (Q1) of 2020.

DENVER, Colo., September 10, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company’s image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders. Effective September 10, 2020, the company name will be known as ACES Quality Management™, and the name of its flagship product ACES Audit Technology™ change to ACES Quality Management and Control Software™.

DENVER, Colo., September 1, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today that its Director of Compliance Kacey Olson has been chosen as one of HousingWire’s 2020 Insiders Award winners. In its fifth year, the HousingWire Insiders Award honors the industry’s unsung heroes who work to propel their companies to success.

DENVER, Colo., August 11, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live - Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 – 16, 2020 by the Mortgage Bankers Association (MBA). 

DENVER, Colo., July 6, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt will share her expertise on loan quality and risk management during an upcoming webinar sponsored by the Mortgage Bankers Association (MBA). 

DENVER, Colo., June 11, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees’ charitable giving and volunteer efforts in response to the COVID-19 pandemic and recently added contributions advocating for racial equality. The program includes a $100 donation by ARMCO to a registered charity of each employee’s choosing in addition to corporate matching. To date, ARMCO and its employees have contributed to nearly two dozen different charitable organizations addressing issues related to COVID-19 and racial inequality resulting in a 135% increase compared to 2019. 

DENVER, Colo., May 26, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

DENVER, Colo., May 19, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders’ loan defect categorization and post-closing quality control efforts.

“Loan quality is a moving target, and to ensure our clients are always hitting the mark, ARMCO is continually refining ACES as users’ needs and regulatory directives change,” ARMCO CEO Trevor Gauthier said. “This recent slate of system updates is further evidence of our commitment to customer satisfaction, user choice, industry partnerships with best-of-breed providers that support our clients’ loan quality initiatives.”

DENVER, Colo., May 13, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS™ for Early Payment Defaults (EPDs) to bolster lenders’ existing audit programs in light of the recent increases in required monthly EPD audit volume.

Register for the May 7th October Research webinar featuring ARMCO's Director of Compliance, Kacey Olson. Experts will share their experience on innovating the HMDA process to make it easier to stay compliant and address the recent changes to the HMDA regulations without overwhelming your staff and even improve your business.