First Financial Bank selects RiskExec® SaaS platform for fair loan fulfillment

First Financial Bank selects RiskExec® SaaS platform for fair loan fulfillment

WASHINGTON, August 16, 2022 /PRNewswire/ — Today, RiskExec, Inc. (“RiskExec”), a subsidiary of Asurity Technologies, LLC (“Asurity”), has announced that its software has been selected by Abilene, TX First Financial Bank based to help automate HMDA, CRA and Fair Lending processes.


RiskExec by Asurity

RiskExec is a leading SaaS compliance and reporting platform designed to manage regulatory compliance for banks, mortgage lenders, credit unions, auto lenders and digital lenders. The best-in-class solution rapidly geocodes, performs edit checks and, with clean data, creates analytics to determine loan dispositions, benchmarks by market, and tracks performance against internally defined goals.

Randy RoeweFirst Financial Bank’s Chief Risk Officer commented, “We are pleased to join the growing list of banks using RiskExec’s market-leading solution. We chose the platform because we needed an intuitive data management platform for CRA, HMDA and fair lending.”

First Financial Bank comes to RiskExec through a preferred vendor relationship with Lenders One, a national alliance of independent mortgage bankers. First Financial Bank is one of the top performing banks in the country and has multiple banking regions with 78 locations throughout. Texas. Bank Director Magazine named it one of the top 10 banks in the country 5 billion dollars a 50 billion dollars asset category in each of the last 10 years.

“We are delighted to have added First Financial Bank to our growing list of RiskExec users. We look forward to providing our clients with the most up-to-date and robust reporting and analytics solutions possible,” he said. Anurag Agarwal, President, RiskExec. “Our team of compliance experts delivers an exceptional customer experience to our users so they can focus on serving their customers, complying with them and strengthening their competitive edge in the marketplace.”

For more information about RiskExec, please contact us at [email protected] or (202) 765-2150.

About Asurity and RiskExec

Asurity provides compliance-focused solutions to the mortgage, retail banking and consumer lending industries. RiskExec is one of Asurity’s leading SaaS-based products, combining best-in-class compliance expertise with state-of-the-art reporting and analytics software to help lenders meet demanding regulatory requirements and business objectives. RiskExec is accepted by financial institutions to analyze their data for compliance or other uses in mortgages, retail banking, auto loans, student loans and other forms of credit and deposit products. Asurity also offers Propel™, a leading solution for dynamic preparation of compliance mortgage document packages, and RegCheck®, which provides comprehensive compliance checks with loan-level data pulled from any integrated LOS. To learn more about Asurity and its leading software solutions, visit www.asurity.com.

About First Financial Bank

First Financial BankNA is recognized as one of the most financially secure banks in the country, with assets of 13.3 billion dollars. The bank operates 78 convenient locations to serve customers Texas markets stretching from Hereford in the Panhandle to Orange in the southeast Texas.

About Lenders One

The Lenders One cooperative was established in 2000 as a national alliance of independent mortgage bankers. Today, we are one of the largest mortgage cooperatives in the country with a diverse mix of over 240 member companies. Lenders One is dedicated to helping independent mortgage bankers, banks and credit unions improve their profitability and compete with larger, well-funded industry participants.

Media contacts

Asurity Technologies
It was Williams
Director of Marketing
(214) 257-1763
[email protected]

First Financial Bank
Chris Cook
EVP, Marketing
(325) 627-7026
[email protected]

SOURCE Asurity

rt



Source link

You May Also Like

About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!