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ACES Risk Management (ARMCO), a provider of financial quality control and compliance software, has announced the hiring of Dan Thoms as chief revenue officer.
“Compliance and quality control have taken over the top spot on lenders’ list of concerns, and as a result, we are seeing tremendous interest in ARMCO’s product suite,” said Avi Naider, CEO for ARMCO. “Dan Thoms’ unique combination of business development, strategy, sales and revenue management skills, along with his extensive mortgage industry experience, make him the perfect candidate to steer ARMCO through its next phase of growth.”
Thoms possesses a deep background in the mortgage industry, having served in executive capacities for almost 20 years. Thoms was executive vice president of sales and chief strategy officer for AllRegs from 2006 through the acquisition of the company by Ellie Mae in 2014, during which AllRegs tripled in size under his leadership. Prior to that, Thoms was vice president of education and business development for the Mortgage Bankers Association (MBA), where he revamped the MBA’s education and curriculum programs, leading to significant growth.
“ARMCO and the ACES platform occupy a unique position in the industry,” said Thoms. “ACES is as sophisticated and robust a software platform as any LOS, and as such, the biggest and most sophisticated lenders and servicers have been gravitating to ACES for the past few years. Yet, smaller lenders and servicers are just waking up to the understanding that we are in a new world, where QC and compliance are critical, and I see a huge opportunity to bring ACES to this underserved part of the market.”