BaseCap Analytics Awarded Inc. Best Workplaces for Second Year Running

Recognized for championing employees and fostering a collaborative, fully remote workplace, BaseCap Analytics receives Inc Best Workplaces 2023 distinction.

Document Validation for FinServ Risk Management

The financial services sector is increasingly recognizing the importance of data quality for risk identification and compliance management. Deloitte listed the major challenges facing QA teams in the financial sector, recommending that using automation to assist in quality control processes “can enable better controls over completeness and timely resolution.”

Data Observability for the C-Suite

Leaders eying artificial intelligence must improve their data health first. For the CXOs, the priority is running a tight operation that can pivot faster and outmaneuver the competition.

Data Observability for Financial Services

Exabytes of data flow through financial services systems every day. The rise in mobile banking, open financial data, and artificial intelligence has created increasingly complex webs of pipelines and other tools. And as the volume of data in the industry grows, companies are working to strengthen their observability capabilities.

Data Observability for Operations

In industries like financial services, which handle massive volumes of personally identifiable information, the ability to answer questions about data and quickly address data issues can impact customer satisfaction, compliance status, and the sophistication of digital products. However, most data observability and data monitoring solutions are too technical for operations teams to use effectively.

Customer Story: Automating UCC Deadline Tracking at Lument Bank

The Quality Assurance team at Lument, a prominent mortgage lender, spent hours of manual analysis tracking UCC deadlines in their loan portfolio. If the deadline to renew wasn’t met, the business could be damaged by financial losses and loss of priority position. Because the data they were looking for came from multiple datasets, such as WIT, LC, and ITAX, the team had no programmatic way to synthesize and compare the loan information. BaseCap presented an automated approach with the unique capability to transform data from different systems and file types for rapid comparison against a golden source. With BaseCap deployed, the team leader leveraged the extra time to focus his analysts on tasks that required more nuance and advanced problem solving.

Key Terms in Data Observability

If your job involves working with IT and operations teams to answer questions about your company’s data, then you’ve likely come across a glossary of terms like “data quality,” “data monitoring,” and “data governance.”

One-on-One: The Mortgage Note Interviews BaseCap CEO Steven Smith

If you’ve been through a mortgage closing before, there’s a lot of documents you sign, right? And those go into a folder, right? And then they, from the borrower’s perspective, they sort of disappear. Did they disappear? No, they’re absolutely still filed somewhere. Everyone relies on them because they’re the official record of the loan. Think about this as eight different entities coming together at all times, touching and needing this information, and people copy it, people take versions of it. The need for one clean, accurate record that’s consistent across all of these parties is a major need and challenge in the industry today.

LoanLogics, BaseCap Analytics Partner to Improve Loan Data Access, Accuracy and Quality

Using an open ecosystem approach, loan quality leaders integrate technologies to give lenders and servicers stronger control over their data JACKSONVILLE, Fla. – February 15, 2024 – LoanLogics, a recognized leader in loan quality technology for mortgage manufacturing and loan acquisition, and BaseCap Analytics, a pioneer in automated data validation technology, announced a strategic partnership aimed at transforming data […]

HousingWire Selects BaseCap Analytics as 2024 Tech100 Honoree

DALLAS, Texas — HousingWire has announced the 2024 Tech100 honorees, recognizing BaseCap Analytics among the most innovative technology companies in the housing economy. Now in its 12th year, the Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations in the industry. The list can be leveraged to identify […]