January 5, 2017

Are Foreign Language Communications Risky Business?

By Brenda Baylor Financial institutions contemplate conducting business in languages other than English for good reasons. Some banks operate in areas with significant populations where English is a second language, and it would be beneficial to do business with consumers in the preferred language. Spanish is the most common; although there are banks serving populations who speak Mandarin, Korean, French, Vietnamese, and others. Alternatively, a bank may want to expand its footprint to encompass new
November 28, 2016

Redlining Risk: Slaying the Three-Headed Dragon

By Brenda Baylor Concerns about Redlining have increased regulation and scrutiny in recent years—so much so that lenders’ compliance risk has grown into a three-headed dragon looming over the mortgage business, consumer lending activities and Community Reinvestment Act (CRA) program. In managing that risk, most lenders recognize that regulators’ approach to redlining reviews is not an exact science. With different agencies using different methodologies, dragon-slaying in today’s regulatory environment has become an exercise in running
September 30, 2016

RiskExec® Releases 2015 Public HMDA Data

Treliant Solutions announced the release of the 2015 Home Mortgage Disclosure Act (HMDA) public data in RiskExec®, its leading suite for fair lending and HMDA compliance, within 24 hours of the data’s release by the government. Washington, DC — September 30, 2016 — Treliant Solutions, a leading provider of RegTech software that helps financial institutions stay compliant and generate competitive advantage, announced the release of the 2015 Home Mortgage Disclosure Act (HMDA) Peer Databases and
August 24, 2016

Software as a Service Model Takes Hold in the Financial Services Industry

New Coordinates is a newsletter published by Treliant Risk Advisors, a compliance and risk management consultancy affiliated with Treliant Solutions. This article, the first in New Coordinates to be published by Treliant Solutions subject matter experts, explores the benefits of “Software as a Service” (SaaS) technologies for financial services companies. To see the full Summer 2016 issue of New Coordinates, and to gain additional insights about financial services, FinTech, regulatory compliance, fair lending, and more,
August 23, 2016

Anurag Agarwal to discuss Compliance Technology at MBA Regulatory Compliance 2016

Dr. Anurag Agarwal, President of the RiskExec Division at Treliant Solutions, will participate on a panel titled “HMDA and Other Compliance Technology” at the Mortgage Bankers Association Regulatory Compliance conference. The conference will be held at the Grand Hyatt Washington hotel in Washington, D.C. from Sunday, September 18 through Tuesday, September 20. Dr. Agarwal will discuss how browser-based applications, when effectively developed and deployed, enhance compliance and enable institutional strategic advantages. About MBA The Mortgage
August 21, 2016

Dr. Anurag Agarwal, Creator of RiskExec®, to Speak on HMDA Rule Changes at RESPRO 2016 Fall Seminar

When: Thursday, September 22, 2:45-3:45 PM Where: RESPRO 2016 Fall Seminar, Washington, DC Session Description: The upcoming changes to HMDA will affect more than data reporting. From new applications to setting compensation the new HMDA rules will impact lenders in every facet of their business. This panel will focus on: what lenders need to do to be ready for the changes; how the new rules will impact everyday business; and the impact of HMDA on
August 18, 2016

RiskExec® Releases 2015 CRA Peer Data

Treliant Solutions announced the rapid release of 2015 Community Reinvestment Act peer data within RiskExec®, its browser-based solution for achieving excellence in lending compliance Washington, DC, August 18, 2016 — Treliant Solutions, a leading provider of technologies designed to help financial institutions manage compliance and generate competitive advantage, announced today the release of the 2015 Community Reinvestment Act (CRA) peer data in RiskExec®, its flagship suite of tools for HMDA, CRA and fair lending compliance. Each year, the Federal Financial Institutions Examination
July 1, 2016

FFIEC Final Census 2016 Data Added to RiskExec®

With the FFIEC’s release of final 2016 census and demographic data, RiskExec®, the leading browser-based suite of solutions for HMDA, CRA and fair lending, has promptly been updated to include the updated census file. The data should be used in 2016 HMDA and CRA reporting. RiskExec users have automatically inherited the appropriate file without requiring further action. Actions performed in RiskExec, including geocodes and edit checks against 2016 data, will automatically be checked and updated