Designed as an intelligent data collection that provided compliance validation every step of the way, CLS allowed financial institutions to create and maintain their own product and policy disclosures, like Truth in Savings and Home Equity Early disclosures. Institutions could now take complete control over new products and eliminate timing issues that so often presented hurdles to last-minute changes in product definitions or institution policy.


Selection Logic (DSL) was introduced In parallel with the development and launch of CLS. DSL uses data to determine the documents required to perfect financial transactions and relates entities and collateral with the relevant documents, helping institutions mitigate risk at the root level of the transaction. Previously, lenders had to manually maintain document package lists by investors and products.