Abrigo leverages trusted technology partners to generate even greater functionality within our market-leading lending, credit, portfolio risk and financial crime solutions. Integrating with these leading technology partners and solutions provides you a better user experience, a faster process, and a more comprehensive solution.
Encapture
Abrigo and Encapture have partnered together to make spreading tax documents a seamless process. Institutions can easily upload any file type of a tax document and automatically spread it, leveraging OCR technology, into the system, eliminating unnecessary manual inputs and increasing time to approval.
Overview
Abrigo and Encapture have partnered together to make spreading tax documents a seamless process. Institutions can easily upload any file type of a tax document and automatically spread it, leveraging OCR technology, into the system, eliminating unnecessary manual inputs and increasing time to approval.
Benefits
Eliminate Manual Data Scrubbing for Compliance
Encapture's AI and machine learning removes the manual stare and compare process for compliance teams by auto validating hundreds of data fields.
Prepare for HMDA, CRA, and 1071
Automating compliance processes ensures you won't have to hire and train new staff for upcoming changes in regulation.
Integrate with core banking systems
Encapture integrates with Abrigo Sageworks and other major LOS, data repositories, and core systems so you don't have to track down documents in different places.
Features
HMDA
Validate 110 data fields for HMDA with machine learning so your team can focus on the errors and data integrity
CRA
Auto validate gross annual revenue and addresses while checking CRA eligibility across your loans
1071
Encapture facilitates a collection of newly required demographic data across systems and auto-verify data fields for Dodd-Frank 1071.
Testimonials
"The big win is time because to validate a file it can take anywhere from 30 minutes to an hour. It's been allowing our HMDA team to get more out of their role because they aren't spending time checking 110 data fields... It's been the most positive experience I have had with a vendor."
Sandy Knight
Sandy Knight SVP, Director of Compliance First National Bank Texas
“Encapture has helped us streamline and cut the number of touches and number of people needed in our HMDA process.”
Chief Compliance Officer
Prosperity Bank
“We’ve decided to be proactive about implementing compliance automation with Encapture. We owe it to our customers to be ready for the changing regulatory environment.”
Chief Product Officer
Kapitus
