The time, energy, and anxiety of combatting portfolio risks can be overwhelming – but they don’t have to be. With OSC’s IrisX proprietary software tracking system, lending institutions, mortgage servicers, and REO and property investors can find security and protection.
The cloud-based system – that streamlines tracking insurance within a portfolio – provides critical insurance tracking, multiple insurance coverage options, robust search and reporting, and consumer-compliant communications capabilities in an intuitive Windows interface.
- Residential escrowed and non-escrowed loans
- Commercial loans secured by property
- Auto loans
- Multi-collateral loans (including equipment)
The system applies complex business rules to report or act upon information in a compliant manner. Whether using data points that are entered manually or bulk data uploads in the hundreds of thousands, the technology seeks out property exposures.
And, your data is protected. The data is encrypted at rest and system access is secure.
With the many overwhelming variables of a new technology system implementation, adding IrisX to the mix may seem daunting. However, OSC provides team support throughout every step of the process, including necessary steps to effectively transition to IrisX with minimal disruption to your business. We also have experience with complex integrations with nearly all major financial services platforms used by lenders.
- Multilingual interface
- Customized notifications to borrowers
- Document management
- Automated data input, cash management, claims, and escrow processing
- Proven implementation process with superb customer support
- Training and support included in service agreement
These highlights are just the beginning. Secure insurance monitoring for all exposure and collateral types through IrisX tracking and competitive coverage solutions from top-rated carriers. Learn more here.