RiskExec Release Notes – July 15, 2020

RiskExec has recently been updated to include the following updates/enhancements.

HMDA and CRA

Within the HMDA and CRA modules, RiskExec has added the ability for users to create a new file from an existing HMDA or CRA file. When a user selects the New File option from the menu, a third New File Type is now available, as shown below. In the Files selection box, a user can choose multiple files to be merged into a new file. The new file will have a File Part that corresponds with each of the files being merged. For example, the screenshot below would result in a new file called JULY RELEASE with two File Parts, one called 2020 FILE and one called HMDA 2020 IMPORT.  The permissions on the new file will be the same as if the user had created a new file with either of the other New File Type options.

Create an HMDA or CRA file from existing files

Export

When a user generates a sample of HMDA or CRA data in the File Export, they now have the ability to set the value of a user-defined field for every record in the selected sample. This enables the records in the selected sample to be identified within RiskExec later, if necessary. For example, if a user has a UDF called SAMPLE_FIELD_UDF and they add a value called SAMPLE, and if the system selects 25 records to be in the sample, then those 25 records will have that UDF set to SAMPLE. Please note that this UDF will first be cleared of any values for all records in the selected file.

Set a UDF for every record in a sample export

Imports

In the HMDA/CRA Import report, the system now lists the fields that are NOT being used by the importer. If a user runs an Import and a new field is detected, or a field has been previously marked as Not Used, then the system will still evaluate that field. If the data contains more than one unique value, the import report will list that field as NOT Being Used and show how many distinct values the data has. If the data in this field is to be retained in RiskExec, please contact RiskExec Support and ask for the scripted importer to be modified.

Reports

A user now has the ability to suppress empty rows in the Disparity Indices report that is found in the HMDA and CRA modules.

Suppress Rows with 0 records in the Disparity Indices report

Redlining

When a user is prompted to select the in-scope geographies for their Redlining analysis, they have the option to select all geographies within an existing assessment area, rather than selecting each Assessment Area individually.

Select all Assessment Areas as the in-scope geography

A user can create a new dataset from existing Redlining datasets.

Create a Redlining Dataset with existing datasets

When creating a Redlining analysis, a user now has the option to exclude their institution from the analysis results. The exclusion removes the institution from being included in the market analysis results.  On the setup screen of a New Analysis, the user can check the box for Exclude my Institution and then select the Institution from the dropdown below. This dropdown is based on the Institutions included in the Public Peer file of the Peer Year selected. 

Exclude your institution from the Redlining Analysis

Assessment Area/REMA 

RiskExec has added Combined Statistical Areas (CSAs) as a unit level in the Assessment Area/REMA module. 

Add CSA as a Unit 

Maps

In December 2019, RiskExec added the Banking Markets layer. The data in RiskExec’s system was provided by CASSIDI – Federal Reserve Bank of St. Louis (https://cassidi.stlouisfed.org). In this release, the layer has been updated with the most up-to-date data and information.

Updated Banking Markets Layer

Fair Lending 

A user can now create a dataset from existing datasets in the Fair Lending module. 

Create a Fair Lending Dataset with existing datasets

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Questions? Comments?

Contact RiskExec customer support at riskexec.support@asurity.com.

Anurag Agarwal, PhD

President, RiskExec

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