CHARLOTTE, N.C., Oct. 14, 2015 /PRNewswire/ -- TRUPOINT Partners, based in Charlotte, NC, today announced the release of TRUPOINT Analytics 2.0, the newest version of its online compliance analytics software. TRUPOINT Analytics 2.0 makes analyzing data for Fair Lending compliance easy, even for those unfamiliar with statistical analysis.
"We are proud to announce TRUPOINT Analytics 2.0," said Trey Sullivan, President and CEO of TRUPOINT. "Our clients have repeatedly told us that they want answers, not just another software. They want products and services that make their life easier, not more complicated. We've taken that guidance to heart. This solution incorporates all that we heard."
With Analytics 2.0, Compliance departments can monitor marketing, underwriting, pricing, steering, redlining, disparate treatment and disparate impact more easily than ever before. A series of easy-to-read dashboards and easy-to-understand data visualizations clearly illustrate potential Fair Lending issues.
Analytics 2.0 lets users drill down into the data. If disparity is present, the system quickly identifies the loans that are driving the disparity, allowing compliance officers to focus on the most important Fair Lending risks.
In a single click, users can also access reporting that will satisfy the board, senior management and regulators.
TRUPOINT Analytics 2.0 Empowers Compliance Departments
Statistical analysis of loan data is difficult, and typically requires a skill set that compliance departments don't have. Before TRUPOINT Analytics 2.0, this analysis had been the domain of statisticians, demographers, data scientists, consultants and Fair Lending experts. TRUPOINT Analytics 2.0 makes Fair Lending analytics simple for everyone.
"TRUPOINT Analytics 2.0 puts fair lending compliance professionals in control, without the hassles of competing systems," Sullivan added. "Importing data, conducting analysis, monitoring risk and generating the necessary reports couldn't be easier. Compliance departments need and should expect state-of-the-art analytic software, bundled with clear guidance, interpretive insight and world-class support. We've hit the mark with TRUPOINT Analytics 2.0."
To learn more and get a free demo, visit http://www.trupointpartners.com/trupoint-analytics-fair-lending-software-demo
About TRUPOINT Partners
TRUPOINT Partners provides compliance solutions to more than 500 financial institutions through an innovative blend of data analytics, business intelligence (BI), compliance expertise, and service. TRUPOINT specializes in Fair Lending, HMDA and CRA including regression analysis, risk assessments, and more. Visit www.trupointpartners.com for more information.
Kinsey Sullivan - Marketing Manager, TRUPOINT Partners
4824 Parkway Plaza Blvd., Suite 130
Charlotte, NC 28217
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SOURCE TRUPOINT Partners