RiskExec Product Updates

Dynamic Import Wizard

Pre-Configured Standard Formulas and the Ability to Save Calculated Field Expressions

Users now have access to a Standard Formula (a calculated field pre-configured by RiskExec) in the Dynamic Import Wizard that will calculate the Applicant Age and/or Co-Applicant Age. Users also now have the ability to save calculated fields they build themselves.

Fair Lending Module

BISG Proxy Update

The BISG Proxy has been updated for the case in which an applicant or co-applicant has two last names.

Add Column Sparsity to Regression Models

Users now have the ability to add a Column Sparsity calculation when creating a Pricing Regression or Decisioning Regression model.

Assessment Areas Module 

Tracts Demographics Report

The Tracts Demographics Report now includes a column that indicates with a check mark whether a tract is distressed/underserved.