Key facts
- RiskExec, Inc. launched a new Community Development module.
- The module centralizes Community Development loans, investments, services, deposits, and documentation.
- It integrates CRA/HMDA data into a single compliance platform.
- The platform is designed for examiner readiness.
RiskExec, Inc. announced the launch of its new Community Development module. This module aims to centralize various aspects of community development activities, including loans, investments, services, deposits, and documentation, into a single platform. It also integrates Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) data, designed to enhance examiner readiness for financial institutions. The goal is to simplify compliance and reporting processes related to community development initiatives.