Comply News

Comply 17.1 Now Available and Highly Recommended

Comply 17.1 is now available for download. This version incorporates all of the earlier 17 releases and should be implemented at your earliest convenience.

For the last few months the CFPB has made many updates to the 2018 FIG that affect both the data field formatting and the edits. As of this minute, we believe this new version is fully in sync with the FIG. As usual, check the changes document to see what else has changed to decide the update priority for your institution. Because much of this update has to do with 2018 FIG changes we strongly recommend that you install this version ASAP.

In addition to the CFPB changes, this version has enhancements and new functionality. The biggest new feature is the introduction of our new Comply Dashboard View which allows users to create interactive dashboards of key summary statistics. This is version 1.0 of the new feature and is available free to all users. Read the Feature Spotlight on the Start page for more information. We will also be posting a training video to illustrate what can be done with the new tool and show the fundamentals of these dashboards. We are excited to see how institutions will use and share these dashboards; over the coming months we will be adding more options for the dashboards based on your feedback.

You can download the 17.1 update from our support site: https://support.rataassociates.com/dl_installs.asp

Please have patience with us as the 2018 HMDA changes are implemented. We are trying to keep up with the CFPB, but they change and edit the specifications often, and not on a schedule. Feel free to contact us with any questions.

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What happens next

  • 40 minutes, screen-shared. A live walkthrough on RATA sample data, driven by your questions rather than a script.
  • A specialist, not a relay. The person on the call knows both the software and the regulations behind it.
  • Mid-cycle is normal. Implementation and historical conversion are handled for you, typically inside a day.