IrisX TRACKING
Advanced technology simplifies
tracking complexities
IrisX (Informed RISk eXchange) is a proprietary software tracking system specifically developed for lending institutions, mortgage servicers, and REO and property investors. The system streamlines tracking insurance within a portfolio and applies complex business rules to report or act upon this information in a compliant manner.
This cloud-based, secure system in an intuitive Windows interface provides:
Initially launched in 1994 as Track Collateral – one of the first tracking systems of its kind – OSC continues to innovate its IrisX technology to help clients see the risks in their portfolios and protect against them. IrisX can be integrated with other financial industry software platforms. Our in-house programmers tailor the software to address traditional, escrow, and reverse mortgages, commercial property or auto loans, and property investor portfolio tracking needs.
- Critical insurance tracking
- Coverage ordering
- Robust search and reporting
- Actionable data and automation efficiencies for even the most complex asset portfolios
- Real-time insurance monitoring, regulatory-adherent communications, and on-demand or automated lender-placed insurance purchasing
Initially launched in 1994 as Track Collateral – one of the first tracking systems of its kind – OSC continues to innovate its IrisX technology to help clients see the risks in their portfolios and protect against them. IrisX can be integrated with other financial industry software platforms. Our in-house programmers tailor the software to address traditional, escrow, and reverse mortgages, commercial property or auto loans, and property investor portfolio tracking needs.
Implementation and Ongoing Support
We’ve developed a proven implementation process at OSC that clearly outlines the necessary steps to implement IrisX with minimal disruption to your organization.
- At every step in the process, your assigned team will work closely with you and your team to effectively transition onto IrisX or expand usage as you grow
- With larger or more complex portfolios, a dedicated client service manager, lender support representatives, and others will be assigned to the account
- Training and support on IrisX is included in your service agreement
- We will regularly communicate and release new enhancements to the system based on client input, new regulations
 or updated insurance rates
Features
- Insurance monitoring for all exposure and collateral types
- Automatic insurance coverage and certificate generation (e.g. hazard, wind, flood, REO)
- Document management and customer call recording
- Automated data input, cash management, claims, and escrow processing
- System integration (e.g. flood determinations, tax tracking, 3rd party platforms, etc.)
- Customized notifications generation to borrowers
- Encrypted data at rest
- Standard and customized reporting
- Multilingual interface
- Quick adaptation of new regulations and data sets
- In-house programmers and on-site support
Agent Contact Form
Non - Agent Contact Form
Agent Contact Form
Non - Agent Contact Form