RiskExec Product Release Notes - September 9, 2019

September 9, 2019
RiskExec has recently been updated to include the following corrections/enhancements.

Redesign Coming Soon

RiskExec is expected to launch its new and improved interface before the end of this year. With the redesign, all RiskExec modules will have a consistent look and feel that provides users with an updated user interface, improved usability, and more effective workflow that will make navigating across the site easier. More information will be provided as RiskExec approaches the launch of the redesign. Please stay tuned and let the RiskExec team know if you have any questions.

Map Transitions

In an effort to streamline our feature offerings, RiskExec has removed Maps 1.0. Users no longer have access to Maps 1.0. Our newest mapping feature, previously called Maps 2.0, is now called Maps and is found within HMDA, CRA, Fair Lending, Redlining Analysis, Assessment Area, Batch Geocoding, and Peer Analysis modules. Click here to view a demonstration of Risk Exec’s Map.

Maps

Themes

In an effort to provide a more inclusive color scheme for our users who may struggle with viewing colors, RiskExec has updated the default map color scheme for when a user applies a primary and a secondary theme to the map.

Layers

Two new layers have been added to Maps.  The first layer is the American Indian/Alaska Native/Native Hawaiian (AIANNH) Areas layer which includes the following legal entities:

  • Federally Recognized American Indian Reservations
  • Off-Reservation Trust Land Areas
  • State-Recognized American Indian Reservations
  • Hawaiian Home Lands (HHLs) 

The second layer is called the Urban Areas layer which includes all urban areas as defined by the Census Bureau.  An urban area is a densely settled core of census tracts and/or census blocks that meet minimum population density requirements, along with adjacent territory containing non-residential urban land uses as well as territory with low population density included linking outlying densely settled territory with the densely settled core. To qualify as an urban area, the territory identified according to criteria must encompass at least 2,500 people, at least 1,500 of which reside outside institutional group quarters.

HMDA

Reports

The Distressed/Underserved Report has been enhanced to provide links in application counts for each distressed/underserved tract to an application list.  This application list then links directly to the application detail for each of the records included in the count.

Redlining

RiskExec has made enhancements to its Redlining module.  First, a Volume Redlining factor has been added.  When a user has selected Redlining measures, this new factor calculates and compares the record count of an institution against those measures.  For example, if LMI is selected as a measure, then the Volume factor will compare the total record count of the institution in all LMI tracts against the total record count of the institution in the Non-LMI tracts.

In addition, RiskExec has added three new Redlining Measures for demographic comparisons.  These measures are percent Black, percent Hispanic, and percent Female.  If one of these measures is selected, then the system will compare the count of records (for % Black, % Hispanic, or % Female) of the institution against the count records in the same geography for peer institutions and the market.  Please note that these three measures only apply to peer and market Redlining factors and are only available for HMDA based data.  

Lastly, RiskExec has made some enhancements to improve the display of Redlining results and its headers. 

Miscellaneous/Administration

RiskExec has updated permission settings for administrators to give additional users access to datasets found in the Fair Lending and Redlining modules. 

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Questions? Comments?

Contact RiskExec customer support at riskexec.support@asurity.com.

Anurag Agarwal, PhD

President, RiskExec

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