Indecomm Global Services headquartered in New Jersey offers AuditGenius, a financial risk management tool designed to support mortgage lending and risk management and loan auditing.
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Estimator 9
Score 0.0 out of 10
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Estimator 9 is an automation platform for calculating Expected Credit Loss (ECL) in compliance with IFRS 9 standards. The software provides a quantitative framework for credit risk modeling, including portfolio segmentation, Point-in-Time (PIT) Probability of Default (PD), Loss Given Default (LGD) estimation, and macro-economic scenario modeling. The vendor states that the platform is utilized by more than 56 financial institutions in over 40 countries. The system…
Auditgenius is mainly into financial risk management with its AI tool it prevents any fraudulent clients and also from loan errors, which has helped me find out any loopholes within the system. It also has lots of built-in templates for generating reports as quickly as possible …
Based on my experience, the application is well suited for the loan professionals to audit the system of the company and seems to be not so flexible when it comes to banks, fintech, and other lenders. Also, sometimes customer support is not available and people always choose the application that has good support 24/7 which seems to be a downside, and lose valuable customers.
Auditgenius is mainly into financial risk management with its AI tool it prevents any fraudulent clients and also from loan errors, which has helped me find out any loopholes within the system. It also has lots of built-in templates for generating reports as quickly as possible thereby saving good time to look after other aspects