Gateway Surveyors automates valuation auditing

The integration of AuditSure provides Gateway Surveyors with a new layer of automated auditing to validate the accuracy of all valuations undertaken for its clients.

By using intelligent pattern-matching techniques, analysing data from HM Land Registry and Calnea’s AVM, Quest’s AuditSure provides Gateway Surveyors with the ability to automatically check current valuations with AVM data to strengthen its auditing process, based on its individual requirements.

AuditSure analyses 100% of Gateway Surveyors’ valuation cases, delivering a further enhancement to the previous selection methods used within the industry.

Each transaction managed via Quest’s technology is automatically analysed at multiple data points, depending on the client’s individual criteria. This enables comprehensive analysis of every case, to support a client’s existing audit or risk management strategies.

Marcus Radcliffe, Managing Director of Gateway Surveyors said:

“At a time when professional indemnity insurance is increasing, it is vital to be able to provide both our clients and our insurers with quality, validated auditing on all residential valuation instructions that we undertake.

"AuditSure simplifies this process by automatically auditing each and every case we handle, as part of our quality assurance process.  This new layer of auditing will provide a great deal of additional reassurance to our growing client base as well as to our PI insurers.”

James Sherwood-Rogers, Managing Director of Quest adds:

“AuditSure is a bespoke solution that will compliment Gateway Surveyors’ existing auditing procedures.

"The service has been designed to add a range of additional safeguards to existing auditing process, depending on the needs of the individual panel manager or surveying practice, and we are pleased that Gateway Surveyors has adopted it for use across all its clients’ instructions.”

Quest’s AuditSure was presented with a ‘highly commended’ accolade for the ‘Best Anti-Fraud Measure’ award at the 2011 Mortgage Finance Gazette awards ceremony and its Q-Guard suite was the winner of the Best Anti Fraud Measure for the 2010 event.