Enhancing Valuation Management

Veros has completed enhancements to VeroSELECT. The enhancement allows for the integration of two existing tools, VeroBPO and VeroPHOTO Plus, directly into VeroSELECT’s fully transparent collateral risk management platform. Here’s what the enhancements accomplish:

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Designed to deliver maximum valuation insights with quick and intuitive access to critical valuation tools, the new interface lets users order broker price opinions (BPOs) and property condition reports (PCRs) directly from VeroSELECT’s multifunctional interface. Users can also continue to run models from Veros’ flagship AVM, VeroVALUE, or any of the industry’s other top-performing AVMs. The system’s efficiency and intuitive logic make it possible to manage transactional and portfolio AVM strategies as well as design AVM cascades ranging from straight-forward to highly sophisticated. Complemented by self-service administration and centralized reports, VeroSELECT’s interface is highly intuitive, and requires very little training.

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“VeroSELECT has been considered one of the most stable and versatile valuation management platforms available in the marketplace,” comments David Rasmussen, senior vice president of operations for Veros. “The enhanced VeroSELECT gives access to a menu of valuation tools available from one centralized interface and maintains the platform’s ability to cater to the power valuation users who require complex AVM cascade logic with real-time data access.”

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The enhanced VeroSELECT upholds Veros’ commitment to comprehensive compliance and audit controls through all system and product applications. Known within the industry for its superior system uptimes, speed, transparency and overall reliability, VeroSELECT is a reliable enterprise platform that quickly delivers an extensive range of critical valuation data.
Monitored 24 hours a day, 365 days a year, Veros’ colocation facilities are in multiple U.S. regions, each with fail-over capability and data redundancy. Veros uses a comprehensive framework to protect information, operations, and assets against natural or man-made threats, and its systems are compliant with SSAE 16, NIST-800-53, and FISMA audits. “The valuations provided are one critical part of the equation for our customers,” concludes Rasmussen, “but where VeroSELECT stands apart is through the strength, consistency, and security of Veros’ underlying technology.”

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