Technology | CRA Wiz | Details

CRA Wiz® Product Details

CRA Wiz browser-based functionality gives you real-time control

CRA Wiz data entry and editing is browser based for maximum flexibility. This allows you to extend a fully coordinated compliance system across your entire enterprise. And, CRA Wiz is easy to use and quick to implement with little staff training.

Your staff gets access to powerful data preparation and submission modules, compliance-grade geocoding and performance context data packages. Rules can be easily defined for record distribution. Email notification can be sent to users to alert them of non-cleared edits. They can then run edit checks from their browser and save edits directly to the compliance engine, eliminating opportunities for error.

CRA Wiz creates a historic record of all changes, creates accountability by tracking changes and provides complete documentation of your compliance program for auditing.

CRA Wiz's powerful features include:

Importing and Exporting

CRA Wiz has a very intuitive import and export Wizard that enables users to perform powerful data manipulation in a step-by-step format. These steps can be saved for reuse at any time.

Data Preparation and Submission

CRA Wiz speeds the data preparation for CRA reviews, scrubs and corrects data, and reports and tracks the results. This allows you to take full charge of the review process. These powerful data preparation and submission modules improve the accuracy of HMDA data, decrease the time spent processing it and streamline workflow.

Performance Context Data

CRA Wiz's performance context data uses the industry's best data suppliers to allow you to evaluate peer data, loan penetration or supply-and-demand analysis. It lets you create demographic reports for each assessment area. You can also marry loan data with demographic data to create custom-built reports that provide a complete view of performance.

Compliance-grade Geocoding

The CRA Wiz geocoder offers four distinct geocoding approaches to maximize flexibility and accuracy:

• super-fast batch geocoding
• interactive geocoding with embedded mapping to match difficult or new addresses
• single record geocoding

Mapping

The product's mapping capabilities let you visualize your loan and deposit distributions across hundreds of demographics, create the maps that regulators need, build pie charts that display loan activity across any census tract and shade by income level as a percentage of MSA Median.

Browser-Based Editing

Browser-based editing makes those closest to the data accountable for its quality by automating the data editing process. It significantly improves accuracy and time-to-completion by allowing direct access via Internet Browser.

Browser-Based Auditing

Browser-based auditing ensures that loan file data matches what's in the system. Users can view a record, mark it verified or send it out for further corrections.

Data Analysis Reports

CRA Wiz provides a wide range of pre-programmed analysis reports to help you manage CRA compliance goals and performance.

Custom Reports Designer

Lets you automatically integrate data elements from Wiz data files, assessment areas and demographic data with selected report parameters to create custom reports.

Performance Dashboards

Browser based Flash Charts and Gauges for Key Performance Indicators that provide continuous visibility into the CRA management process. Considered crucial for discovering and managing lending performance risks

Historic Data Auditing

CRA Wiz tracks and reports all changes to your data files. It allows you to search for system data integrity issues caused by imperfect processes, user error or data sabotage as well as systemic issues that can compromise data integrity. Analyzing historic data changes helps you uncover modified and deleted data.

Click on the links at the right to download a brochure on CRA Wiz or click here to contact a product sales specialist.