Comply News

RATA Releases FFIEC 2022 Demographics Phase 3

Added on September 16, 2022

The third and final version of the FFIEC Demographic data is now available on the RATA support site. Please read the important information below. Important note about concerns RATA has regarding the released data On August 26th, the final phased release of demographic data was published. RATA downloaded the data immediately and converted it to Comply format, but during the quality assurance phase, we started seeing possible data integrity issues in what the government released. After rigorously testing to ensure that the converted data matched the published data received from the FFIEC, we began looking at the data in earnest and have compiled a couple of spreadsheets that illustrate the concerns we have with the data as provided. We are providing these spreadsheets and a document…

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HMDA Peer Data for Peer2Peer using the Revised Race, Ethnicity and Sex Groupings for 2018-2021

Added on August 1, 2022

The CFPB released specifications on GitHub in October 2020 regarding changes to the derived categorization of Race, Ethnicity and Sex groupings for reporting years 2018 and up. We made a minor change to address this in the Comply version 21.1 release which affects a small percentage of data for a very specific situation. This update corrects situations where previously, if someone classified themselves as 2-Asian and 24-Japanese, we would calculate that as 2 or more minority races. The new calculation would classify this as 2-Asian. The same goes for ethnicity sub-categories. Also, if someone classifies themselves as both male and female, the sex would be calculated as Joint. We have now updated the HMDA peer data for use in Peer2Peer to use the same calculations. This data is now…

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Getting the Most Out of Comply Webinars

Added on July 15, 2022

Over the next few months RATA will offer a number of free webinars to existing clients to better illustrate the power and flexibility of the Comply Suite of compliance tools.   Over the years the Comply software has evolved and become even more powerful.  New components and functionality have been added with each new version released and sometimes it is hard for customers to appreciate and utilize the full potential of the software.  During routine support calls we have noticed that the majority of clients are doing things in ways that are not taking advantage of key features and functionality of the latest software. For these reasons, we felt it would be in the best interest for all parties involved to go through the key functions of Comply, walk through the basics…

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Comply 21.1 update is now available

Added on July 6, 2022

Since the release of Comply 21.01 in mid-November of last year, our team has been actively making changes and adding features to improve your Comply experience.  This version brings those changes to your system, which include:  Restructuring of the manner in which User Fields are stored Updates to the Combined Ethnicity, Race and Sex fields to properly use the new values added with the 2018 HMDA changes  Implementation of a Geocoding Dashboard that allows clients to see in real-time both the volume of records and when they were sent to RATA for geocoding  Addition of Originated and Denied variations of the Peer2Peer Dataset Comparator reports – and more… For more details and a complete list of changes, please see the changes document, located on the Start…

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2021 HMDA Peer Data Official Release is Available

Added on June 22, 2022

The CFPB has released the official 2021 national HMDA peer data as of June 16th. RATA downloaded the data and quickly formatted it for use in the Comply software, making sure to match all Institution IDs with the preliminary data that was released on March 29th. By ensuring that the Institution IDs align with one another between these sets of data, all Peer Institution Groups created with the preliminary data will continue to work the same as before. It is the CFPB's intent to potentially release updates to the 2021 HMDA data based upon re-submissions, late submissions etc. and we intend to review the extent of any changes periodically to see if updates are warranted. To download the data for use in Comply, simply log on to the support site (https://support.rataassociates.com) and go to…

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