- Improve the quality of information - immediately.
- Control costs by getting a solution that addresses what you need today - while having the flexibility to handle future needs.
- Increase access to valuable information to empower good decision making.
Our dedicated experts work with you and your team to optimize your Wiz investment and to provide complete regulatory support.
From the
development of timesaving procedures and in-depth training, to enhanced
data collection processes and risk analysis through successful reporting
and information sharing, we ensure that Wiz technology has a meaningful
and positive impact.
- Reap the benefits of analytical insights.
- Reduce the costs and risks associated with managing information.
- Extend the value of your existing IT investments.
Explore the training options available and unlock the potential of the Wiz® software. Wolters Kluwer offers instructor-led training, teleconference training, e-Learning packages, or a combination of these options to best fit your needs.
Small Business Lending
On March 30, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule amending Regulation B to implement changes to the Equal Credit Opportunity Act (“ECOA”) under Section 1071 of the Dodd-Frank Act. Financial institutions covered by this requirement must collect and report to the CFPB data on applications for credit to small businesses and small farms, including those that are owned by women or minorities. The rule also addresses privacy interests in connection with the publication of the data; the shielding of certain demographic data from underwriters and other persons’ record keeping requirements; enforcement provisions; and effective dates.
Small Biz Wiz®
Built on the trusted platform of CRA Wiz SaaS and HMDA Wiz, the Small Biz Wiz system is
easy to use and easy to integrate into a financial institution’s data collection processes.
CRA and HMDA
CRA compliance has become a major undertaking, consuming endless hours of staff time and management attention. It’s hard to know how your lending performance will look to examiners. You may not even have the necessary information to demonstrate your institution’s real performance level. Our CRA and HMDA solutions allow you to proactively implement processes and controls. With technology, outsourcing, consulting or a combination of all three, you can build a cost-effective CRA program that matches the strategic plan of the institution, ensures lending throughout the community, and meets regulatory expectations.
CRA Wiz®
An automated compliance software solution that speeds the preparation of data for CRA reviews that scrubs and corrects data, and reports and tracks the results, allowing you to take full charge of the review process.
CRA Wiz® SaaS
The leader of CRA & HMDA Management Software – in the Cloud! An easy-to-use interface with real-time updates and improved analytics gives compliance professionals a single platform to meet their regulatory requirements.
HMDA Wiz®
The solution automates your collection, verification and certification of HMDA data without increasing loan processing time or the need to retrain staff. This eliminates endless hours of time required for manual data clean up.
Fair Lending
Managing fair lending compliance across your entire organization is a daunting task. It requires thorough monitoring of diverse loan portfolios and third-party loan originators for CRA, HMDA, ECOA and FHA violations. If you don't have a comprehensive fair lending program in place, you're risking serious consequences. Spend your time correcting problems instead of looking for them with industry-leading technology and consulting services that allow you to manage and monitor exposure to fair lending risk and mitigate it—no matter the size of your institution.
Fair Lending Wiz®
A software solution that allows you to easily identify potential fair lending risks and immediately remedy unfair lending practices. It automatically performs a full range of risk assessment tasks, so you can devote your resources to developing corrective action instead of looking for elusive problems.
Fair Lending Wiz SaaS®
Fair Lending Wiz is a complete fair lending management solution that analyzes, verifies, and documents an institution’s compliance with all fair lending regulations. The solution delivers robust analyses that allow easy identification of potential risks in order for a lending institution to remedy unfair lending practices.
Anti-Predatory Lending
Anti-predatory lending compliance takes a comprehensive program that monitors diverse portfolios and third-party loan originators. The task is exacerbated by ever-changing and increasingly complex federal, state and municipal regulations. Coping with this tangled web of legislation is a formidable task. There is simply too much at stake to risk non-compliance. You can have a fully customized compliance program that protects you from predatory lending risk and automatically reviews every loan against anti-predatory lending laws to make sure that all loans are compliant prior to funding.
Wiz Sentinel®
Wiz Sentinel automatically reviews every loan against anti-predatory lending laws to make sure that all loans are compliant prior to funding. Since it's fully automated, the solution increases your productivity and lowers overall compliance costs.
Advisory Services
Our consultants combine innovative thinking with our unrivaled first-hand industry knowledge to offer our clients a wide array of consulting services in the financial services industry.
November
17
Request more information
CRA Wiz support
Ordering and Billing Support
Phone: 800-261-3111 and choose option 3 for Sales or 7 for Billing.
Technical Support
Phone: 800-261-3111 and choose option 1 for Wiz® Technical Support, then option 1 for CRA Wiz®.
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