Press Releases
June 28, 2010
Red Flag Viewpoint Delivers Dynamic Metrics and Analytics for Auto Dealers
CoreLogic Credco, the nation’s number one provider of automotive specialty credit reporting solutions
and a division of CoreLogic (NYSE: CLGX), a leading provider of consumer, financial and property information,
analytics and services, today announced the introduction of
Red Flag Viewpoint, an integrated online
reporting dashboard that combines, summarizes and delivers easy-to-read reporting on Red Flags Rule
compliance efforts for automotive dealers.
Developed in collaboration with Compli, a leading provider of on-demand HR and compliance management
software, and part of Credco’s comprehensive Red Flag compliance suite, Red Flag Viewpoint is designed
to help dealers meet the Red Flags Rule’s requirement of regularly monitoring and updating their Identity
Theft Prevention Program. The Red Flags Rule went into effect January 1, 2008 and is scheduled for mandatory
enforcement by the Federal Trade Commission beginning January 1, 2011.
"Without sufficient data and the latest technological advances, deterring identity theft and maintaining
compliance with the Red Flags Rule can be a complex, time-consuming task," said Kevin Clements, senior
vice president of corporate development for CoreLogic Credco. "Red Flag Viewpoint is specifically designed
to simplify the monitoring and reporting requirement of the Rule, easily and effectively, allowing dealers
to stay focused on sales objectives and other critical operations."
Red Flag Viewpoint’s proprietary algorithms and reporting capabilities enable dealers to conveniently
analyze their applicant portfolio on multiple levels to monitor for potential Red Flag risk. Available
on Compli’s intuitive web-based platform, the easy-to-use interface lets users report directly off key
identity verification alert statuses; access dynamic views of their entire applicant pool and associated
risks; and export data for auditing and reporting.
Using Red Flag Viewpoint means dealers can easily monitor, analyze and report on a wide range of customer
data provided exclusively by Credco. They can drill down on metrics and audit reports for detailed analytics,
or view customer data as broadly as needed. Reporting analytics can also be viewed either on entire dealers
groups or individual dealers. For more information, automotive dealers can call (866) 348-2404 or visit
www.CredcoServices.com/RFM.
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