“This data is used by our clients both nationally and in specific geographies to compare their 2015 performance against their competitors and peers,” said Dr. Anurag Agarwal, President of the RiskExec Division at Asurity Technologies. “In today’s regulatory environment, it is critical for lenders to understand how their lending profiles differ from peers’. That’s why we have made it a standard practice to provide our clients with enhanced access to the HMDA data within hours of the government release.”
The 2015 HMDA dataset contains more than 14 million records across 6,913 respondents. To visualize and analyze the data, RiskExec includes browser-based geocoding, mapping, and data visualization capabilities ranging from interactive maps to peer rankings, tables, and charts, as well as executive and regulatory reporting for all Asurity Technologies has delivered an enhanced, next-day view of the government’s 2015 Home Mortgage Disclosure Act (HMDA) peer databases and rankings in RiskExec®, a leading Software as a Service (SaaS) solution for fair lending and HMDA compliance.
“Speed-to-insight is essential in the financial services field.” - Andy Sandler, Founder, Asurity Technologies
“Speed-to-insight is essential in the financial services field,” says Andrew L. Sandler, Founder and Chairman of Asurity Technologies, which owns and operates RiskExec, and CEO of Treliant Risk Advisors. “We are investing in RegTech capability to provide our clients best in class solutions. RiskExec enables financial institutions to get ahead of the compliance curve and compete on sure footing.”
Original published on Pymnts.com on October 2016»
About RiskExec
RiskExec is a Software as a Service (SaaS) solution for achieving excellence in fair lending, Home Mortgage Disclosure Act (HMDA), and Community Reinvestment Act (CRA) compliance. Accessible via a browser, RiskExec allows lenders to submit HMDA and CRA data with accuracy and ease, and to generate fair lending insights and business intelligence from any lending portfolio (including mortgage, credit card, auto, student loans, and more). RiskExec may be used enterprise-wide with no seat restrictions.
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