Comply News
Comply 16.11 Release is now Available
We are pleased to announce the availability of Comply 16.11. Both the full and update versions of the installation are available on the RATA Support site. This is not a critical update and it does not require an immediate update. It does however have a lot of new features, functionality and fixes that could be helpful to the end users. We will be posting a changes document that will give you full details as to what has changed so you can decide the timeframe for updating. If you have any questions or need assistance, please contact us at 407-831-7282. Here is a list of some of the major improvements to this version: Changes to the way Geographic Areas are stored. Areas can now be stored for multi years. Many Datamine enhancements. Added Small Business and Farm Demographics to make PE…
Comply 16.1 Release
We are finalizing and QA testing our Comply 16.1 release and should have it ready by February 17th.We have made many improvements to DataMine and Audit that we had wanted to add from the beginning, but simply didn't have time to get into version 16. We have also made changes to the way we store Geographic Areas and Peer groups to better deal with multiple years in preparation for multi-year analysis in the future. In addition, we are adding new Business and Farm demographics to help with evaluating Performance Evaluation data. The RATA Business and Farm census data will now help institutions look at their business and farm lending and compare their it to the percentages of all businesses in their areas broken down by low/mod/middle/upper income areas. This data is not based on D&B…
Update on Changes for 2018
It's been a little while since we posted an update on our progress regarding the 2018 changes. There hasn't been a lot of additional information released by the CFPB regarding those changes in the last 6 months. We were hoping that they would have released the edit check specifications by now, but that hasn't happened as far as we know. Since our last update, we have had many internal meetings about various ways to deal with the pending changes. We have come up with what we believe is an even better way to deal with the new data in Comply but it will take a little longer to implement. We feel the benefits outweigh a slight delay in release, and we just wanted to keep you up to date. The new release date for the import testing version of Comply 17 is now scheduled for April 2, 2017. One of…
RATA End of Year - Geocode ReDo file - Please apply before submitting
Thank you as always for using the RATA Comply software and Geocoding services to help with your HMDA and/or CRA submissions. As part of our efforts to ensure that you have the highest quality and most current geocode results for submission, we re-geocode every application that was submitted prior to January 15th to try and improve the precision codes. We then go through the file to look for improvements to any geocodes based on the precision codes and then return any improved results in the End Of Year (EOY) geocode update file. This file should be applied to your Comply system at your earliest convenience to assure that these improved results are a part of your submission to the FFIEC. The EOY update file will only affect records submitted before January 15, 2017 so if you have submitted…
RATA to add Business and Farm Census Data to Comply
As part of the upcoming 16.1 Comply release, RATA will be adding the Business and Farm data based on a census of businesses. Up to this point RATA has been using the CRA Aggregate peer business data for performance measures in our CRA Performance Evaluation reports. Many institutions have requested that we use the Business/Farm census data and we have decided to move forward with the latest data we could obtain. All reports that use this data will be offered in both the current aggregate versions and the census of businesses versions to increase your analysis options. This will be available to all customers licensed for Comply CRA at no additional charge. By adding this new data and functionality to the 16.1 release we have had to push the delivery dates of both 16.1 and the 17 beta…
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