99% Defects Identified in the Servicing Portfolio for MERS Reconciliation Process within a Month.

Challenges.

The client faced challenges including

· Identification of defects in the servicing portfolio for the MERS reconciliation process

· Need for a streamlined and efficient approach to defect identification

· Requirement for improved accuracy and efficiency in the reconciliation process

Solution.

Coforge provided a comprehensive solution, including:

· Implementation of advanced data and analytics tools for defect identification

· Utilization of automated processes to streamline the reconciliation process

· Integration of quality monitoring mechanisms to ensure accuracy and efficiency

The Impact.

The impact of Coforge's solution is summarized as follows:

· Identification of 99% of defects in the servicing portfolio for the MERS reconciliation process within a month

· Enhanced accuracy and efficiency in the reconciliation process

· Streamlined defect identification leading to improved portfolio management