Industry Standard Background Check, Compliance, and Vendor ...
Aspen iRecord?
Industry Standard Background Check, Compliance, and Vendor Management Solution for the Financial Services Industry
THIRD PARTY VENDORS ? MANAGE THE RISK
How sure are you that your vendor network is adequately background checked and can prove compliance even at the property?
Aspen iRecord? meets the demands of an increasingly regulated nancial services environment which impacts both the work originator and their vendors. Whether you are an inspector or contractor, agent or broker, appraiser or asset manager, when visiting a property you are expected to comply with the instructions of your client who in turn must ensure compliance with regulatory authorities such as the OCC and CFPB. Aspen iRecord? provides a standardized, t-for-purpose criminal background check and auditable process, thus ensuring that the one check is the right check. Not only does Aspen iRecord? ensure a t-for-purpose criminal background check, it also provides proof of service compliance at the property.
HIGHLIGHTS Mitigate against potential nancial, legal and reputational risk Ensure ongoing compliance with regulatory authorities/guidelines Reassure consumers that vendors conform to an industry approved background check standard Remove the need for multiple background checks for multiple clients Access reporting for internal and external audit requests Unique proof of compliance at point of service (the property) Zero set up costs or IT resources required
"As an independent technology solutions provider to the nancial and mortgage services industry for over 18 years, we appreciate how hard all industry stakeholders work to deliver services to ensure the best outcome for communities, homeowners and consumers. This unique background check solution is helping to raise the bar of professionalism by providing the ability to manage background checks and more importantly to prove compliance with industry standards." - Edmond Buckley, President, Aspen Grove Solutions.
Aspen Grove Solutions 706 W. Patrick St., Frederick, MD 21701 O ce: 240.345.3430 | Email: sales@
Aspen iRecord?
HOW IT WORKS: Aspen iRecord? enables you to manage and control third party vendor compliance right from one easy-to-use portal.
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STEP 1 Register Your Business
STEP 2 Connect Your Business to a Network
STEP 3 Submit People for Background Checks
STEP 4 Receive ABC#'s and IC Levels
READY FOR BUSINESS
COMPLIANCE
Play by the rules
? Avoid penalties and potential business loss
? Achieve increased due diligence before engaging vendors
? Remain compliant with regulatory authorities/guidelines
? Utilize the industry-supported standard
MANAGEMENT
Improve control and oversight ? Track property access ? Achieve end-to-end visibility
of vendor compliance ? Utilize reporting and data insights
? Comply with audit requests
SAVINGS
Guarantee return on investment
? Save time on review and decision making
? Reduce administration costs
? Eliminate the need for, and cost of, multiple background checks for multiple clients
? Zero capital expenditure or IT infrastructure needed
To learn more about Aspen iRecord? visit or contact us at sales@.
Aspen Grove Solutions 706 W. Patrick St., Frederick, MD 21701 O ce: 240.345.3430 | Email: sales@
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