Aprio Launches Escrow Reconciliation Solution to Protect Against Fraud
October 5, 2017
Aprio LLP, the new name for HA+W, has launched a professional-grade escrow reconciliation solution that provides real-time monitoring of escrow accounts to protect title agents from their greatest point of fraud vulnerability.
In partnership with RynohLive’s industry-leading escrow account management and fraud detection platform, Aprio’s escrow reconciliation service offers an unparalleled level of data security, real-time transaction monitoring, fraud detection, audit readiness and professional independence.
For title agents, Aprio’s solution eliminates the burden of performing timely escrow reconciliation and enables them to better utilize resources for revenue-generating activities. For underwriters, the risk associated with their agents’ reconciliation and bookkeeping is minimized
“As the leading accounting firm serving the title industry, our team has identified a need to provide the industry with a more robust solution for escrow reconciliation,” said Lee Fields, partner-in-charge of advisory services at Aprio. “Beyond ensuring reconciliation is performed timely and accurately, Aprio will provide clients with peace of mind that they are better protected from their single-greatest point of fraud vulnerability through continuous monitoring.”
“Independently, both Aprio and RynohLive have played integral roles in financial protection and compliance in the title industry,” said Dick Reass, CEO and founder of RynohLive. “Through this partnership, we firmly believe that our companies will set the standard for escrow account monitoring and fraud mitigation.”
Aprio’s escrow reconciliation services business will be led by Bryan Colbert, who joins the firm as a director within the title industry services group.
Contact ALTA at 202-296-3671 or [email protected].