RiskExec Product Release Notes – April 8, 2019
Support and streamline cleanup for multiple data types and submission workflows for CRA and HMDA. Produce powerful, real-time, out-of-the-box analyses and reports.
Data can be misused to present unfair claims-forcing costly litigation defense, and/or settlements and cause significant harm to your institution’s reputation. Get ahead of it with RiskExec.
Generate clean submission files for CRA and HMDA. Prepare for regulatory examinations by analyzing trends and performance against internal goals; percentages inside vs. outside assessment areas; peer analysis of market share reports; performance tables; and more.
Create custom assessment areas or reasonably expected marketing areas (REMAs) down to the tract level. Understand where your customers are, identify gaps, and recognize opportunities for community outreach directly on the map by plotting out your lending, deposit accounts, branches, ATMs, and more.
Lock down files and/or other functions in the software with RiskExec’s permission settings. Administrative users can track changes made to files throughout the life of the loan.
Reduce time spent cleaning up issues. RiskExec’s multi-layered geocoder pings multiple sources to ensure the highest geocoding hit rate. A manual pin-point geocoder is also available within our embedded mapping tool.
Import data from multiple sources into RiskExec. Schedule imports on a daily, weekly, or monthly basis, or perform them ad-hoc.
“Just wanted to thank you guys for getting the large geocoding request completed for us in a condensed time frame. The information was quite useful to us and we had a deadline of today for the information.”
Compliance Executive, Regions Bank