Technology | CRA WizCRA Wiz®Reduces the cost of CRA compliance as much as 80%CRA Wiz applies a wide range of automation technologies to the CRA reporting process, from guaranteed accurate geocoding to flexible reporting to intelligent analysis. It speeds preparation of data for CRA reviews, scrubs and corrects data and reports the results. Not all institutions, however, have the same needs. CRA regulations have different reporting requirements for different institutions. Examiners from any one of six regulatory groups can evaluate CRA performance based on slightly different criteria depending on your size and market. You need a CRA compliance solution that is custom tailored to your particular situation. CRA Wiz Components:Data Prep Module provides functionality that allows Importing, editing and preparing data for submission Analysis Module provides access to various analysis reports using out of the box templates Geocoder standardizes and geocodes address data Benefits of CRA Wiz automationAccurate data prep and submissionCRA Wiz includes compliance-grade geocoding, editing, assessment area delineation and all the necessary submission tools to comply with CRA reporting requirements. Better preparation for your next examCRA Wiz provides you with the necessary data sets and reporting tools to anticipate examiner findings and satisfy performance requirements. Custom reports to help communicate CRA activityCRA Wiz gives you executive reports and maps for maximum flexibility in report generation and process automation. Real-time auditingBrowser-based data entry and editing provide real-time updating of all your CRA data. CRA Wiz includes more than a hundred pre-programmed reports to help you analyze, monitor and audit performance. CRA Wiz gives you a total CRA compliance program that fits your institution's services and market. You can compare your performance with your peers, mine data to identify underserved markets and uncover new lending opportunities. To learn more about CRA Wiz, please click on the link at the right. |