The good kind of tripwires are the warning signs that you're about to go into trouble territory. In #Mortgage #Servicing #Compliance, there are more than 10,000 regulatory obligations stemming from federal rules, state rules, agencies, etc. MESH Auditor has boiled them down to about 1,400 that are measurable with data in loan servicing systems, and we have rules programmed to identify when a regulation has been violated.
Information I Could Have Used 5 Minutes Ago
But, no one wants to find out after they've violated the regulation. So, we installed two sets of tripwires. In most companies, leaders create a policy that says: if the regulation gives us 15 days, we want to do it in 12 days. That's the first tripwire. But, the operational managers performing the work think, "If the company requires me to get it done in 12 days, I want to finish it in 10." The people doing the work don't want to find out after they've violated the company policy, so they need the second tripwire to keep them on the right side of trouble.
Thanks, But I Did It Myself
MESH builds in the ability to set multiple tripwires and frankly, to create an unlimited number of rules that fire, so teams can create their own "illogical conditions" reports within the system.
Proactive warnings, unlimited flexibility. And all for a price so low it's not even a factor. No NPPI required, all domestically stored data at AWS's highest security tier, and data is never comingled.