Our integration reporting and management interface, TranSend, just got a huge upgrade!

With new features and visual improvements around mapping, reporting, and visualizing your various connections, the newly-upgraded TranSend is your go-to tool for all your integration needs.

Want to dive deeper into the new TranSend? Schedule a demo and a full analysis of your current integrations today!

For more information, and to learn about upcoming expansions of extraction functionality, contact our integration experts.

NetDirector Exceeds Rigorous Industry Security Standards
with SOC 2 and HIPAA/HITECH Audit Completion

Tampa, FL – January 11, 2023 – NetDirector, a cloud-based data exchange and integration platform, has once again completed the extensive process of renewing SOC 2 ® and HIPAA compliance examinations with the help of international security audit firm, A-LIGN. NetDirector was recently awarded with complete attestations in compliance with HIPAA, HITECH, and SOC 2 Type II standards, the leading security standards in both Healthcare and Mortgage Banking.

The SOC 2, or System and Organization Controls 2, is an examination under AICPA standards designed for technology service companies to demonstrate controls around data security and processing integrity. The SOC 2 reports are intended to meet the needs of a broad range of users (particularly those in legal, healthcare, and other industries with stringent regulations) that need to understand internal controls at a service organization as it relates to security, availability, process integrity, confidentiality, and privacy. The Type II report is a report on management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls.

The Health Insurance Portability and Accountability Act, or HIPAA, defines policies and procedures, as well as processes, which are required of companies that store, process, or handle electronic health information that is considered “protected” (ePHI). HIPAA compliance is essential for both technology service providers and integrators like NetDirector, as well as providers, electronic health records systems, billing platforms, and any other entity who might have access to healthcare data even in passing.

The Health Information Technology for Economic and Clinical Health (HITECH) Act was created to promote and expand the adoption of health information technology, specifically, the use of electronic health records (EHRs) by healthcare providers. The HITECH Act also removed loopholes in HIPAA by tightening up the language. This helped to ensure that business associates of HIPAA covered entities were complying with HIPAA Rules and notifications were sent to affected individuals when health information was compromised.

Both the SOC 2 and the HIPAA audit were performed by Tampa-based global cybersecurity and compliance professional services provider A-LIGN. A-LIGN specializes in helping businesses across a variety of industries navigate the complexities of compliance audits and security assessments, and both the SOC 2 and HIPAA reports of A-LIGN’s findings can be made available to prospective or current customers.

“Our team is committed to security and safety for both our internal data, and the client data we move across systems,” said Harry Beisswenger, NetDirector CEO. “We consistently stay ahead of the curve on security and compliance, and we work diligently all year round to ensure our customers have peace of mind when NetDirector is handling their integrations.”

Company Bio:

NetDirector provides a secure cloud-based data and document exchange solution for the healthcare and mortgage banking industries to deliver seamless data integration between parties. NetDirector bridges gaps created by disparate systems & technologies by allowing companies at any location to share data & documents securely over a single internet connection with any other member of the ecosystem. Our approach allows trading partners to collaborate and exchange data in a seamless, bi-directional, real-time manner. NetDirector currently processes more than 18 million transactions per month.

About A-LIGN

A-LIGN is a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks. A-LIGN uniquely delivers a single-provider approach as a licensed SOC 1 and SOC 2 Assessor, accredited ISO 27001, ISO 27701 and ISO 22301 Certification Body, HISTRUST CSF Assessor firm, accredited FedRAMP 3PAO, candidate CMMC C3PAO, and Qualified Security Assessor Company. Working with small businesses to global enterprises, A-LIGN experts and its proprietary compliance management platform, A-SCEND, are transforming the compliance experience.

NetDirector Releases Text-Extraction Service for Default Servicing with Machine Learning and Advanced Extraction Workbench

Tampa, FL – November 30th, 2022 – NetDirector, the leading cloud-based integration platform for the default servicing industry, has crafted a new artificial-intelligence-powered solution to address the complex text extraction needs of default servicing called A.I. Extract.

The new A.I. Extract service provides industry-leading results with unparalleled accuracy for extracting complex legal descriptions from flat files, images, PDFs, and more. By leveraging the power of machine learning, A.I. Extract can produce Optical Character Recognition (OCR) results that improve over time based on user approvals and corrections, saving valuable time and manual effort in data entry and review.

The new service also provides exceptional versatility, processing power, and accuracy. A.I. Extract can process documents and images via automated workflow to and from case management systems (CMS), which makes integration an easy choice for existing NetDirector clients. Files can also be loaded in bulk by folder, or simply by copy-pasting an individual screenshot or image file while working side-by-side in a CMS. This flexible approach allows users to implement the Extraction Workbench at any point in their workflow, and to begin using it immediately.

“The new A.I. Extract service has been incredibly valuable to us,” says Rosanna Henry, Director of Compliance at Mackie Wolf Zientz & Mann, P.C. “We’re thrilled with the accuracy, and excited to have a tool that allows us to get simple or complex legal descriptions into our case management system with ease. It saves an enormous amount of time and effort far above and beyond any other current options and was extremely easy to get started with.”

NetDirector has recently expanded A.I. Extract’s functionality beyond legal descriptions, to include Loan Payment History data extraction. This data automation tool extracts and assembles the loan payment history information for the Mortgage Proof of Claim attachment, commonly called the 410a Worksheet, saving hours of manual effort in completing these documents. Additional applications of A.I. Extract (such as the P309) are currently in development. Industry veterans who were early adopters of the service have reported up to eight hours per loan history of manual ledgering and data manipulation that were eliminated with the help of A.I. Extract.

For more information, and to learn about upcoming expansions of extraction functionality, contact our integration experts.