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What is ComplyXL?

Investigate how the elements of ComplyXL are applied to create a review and approval workflow, referred to as the Manager Approval Process. This offers an excellent foundation for understanding ComplyXL, demonstrating how different members of an organization can utilize these components to establish a streamlined procedure that improves spreadsheet governance while aligning with overarching compliance objectives. A notable benefit of ComplyXL is the confidence it instills in both managers and auditors regarding the changes made to spreadsheets. Its comprehensive version history meticulously documents alterations, detailing what changes occurred, who executed them, and the reasons for those modifications. This capability not only allows for rapid and automated detection of any adjustments but also serves as a superior alternative to the time-consuming nature of manual spreadsheet reviews, thereby illuminating the cost-effectiveness of implementing ComplyXL. Furthermore, this efficient approach contributes to heightened accountability and nurtures an environment of openness within the organization, ultimately leading to improved trust among team members.

What is Comply Fair Lending?

RATA Associates, recognized as a leading provider of HMDA/CRA solutions in the lending compliance field, made a significant entry into the Fair Lending sector with the launch of Comply Fair Lending in 2004. This all-encompassing software is crafted in alignment with the Fair Lending Examination Procedures set forth by the FFIEC (Federal Financial Institutions Examination Council) and the CFPB (Consumer Financial Protection Bureau), offering an effective and cost-efficient means to evaluate potential risks associated with lending practices. The Comply Suite is distinguished as the most sophisticated, user-friendly, and financially accessible solution for Fair Lending risk evaluation. Additionally, the Comply platform includes a fully customizable scorecard editor, allowing users to adapt existing templates or design new ones from scratch. Each scorecard is interactive, enabling users to explore application data or initiate an automatic file review with a simple click on any cell, which significantly enhances user experience and operational efficiency. This forward-thinking design not only streamlines compliance oversight but also equips lenders to take proactive measures in addressing potential Fair Lending concerns. By prioritizing ease of use and customization, RATA Associates ensures that their clients can effectively navigate the complexities of Fair Lending compliance.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$785 one-time payment
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Not specified

Training Options

Not specified

Company Facts

Organization Name

Lyquidity Solutions

Date Founded

2001

Company Location

United Kingdom

Company Website

www.lyquidity.com

Company Facts

Organization Name

RATA Associates

Company Website

www.rataassociates.com/comply-fair-lending/

Categories and Features

Audit

Not specified

Compliance

Archiving & Retention
Audit Management
Controls Testing
FDA Compliance
HIPAA Compliance
Risk Management
Sarbanes-Oxley Compliance
Version Control

Categories and Features

Compliance

Audit Management

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