RiskExec
What is RiskExec?
RiskExec is a SaaS-based compliance reporting and analytics platform focused on fair lending and regulatory compliance for financial institutions, including banks, mortgage lenders, credit unions, and nontraditional lenders. The platform provides a secure, browser-based solution that helps these institutions manage regulatory requirements such as the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA), and Small Business Lending under section 1071 of the Dodd-Frank Act. The platform automates the collection, cleaning, analysis, submission, and tracking of regulatory data, enhancing visibility and oversight while minimizing delays and costs. It features geocoding capabilities and modules to identify issues like disparate impact and redlining, enabling clients to take corrective actions and prepare compliant HMDA and CRA files. RiskExecs products are developed by experts with extensive experience in the regulatory landscape and lending operations, ensuring that clients can adapt to regulatory changes effectively. Founded as a standalone company after a strategic investment from Vista Equity Partners, RiskExec is led by CEO Erik Pieczkowski and Founder Dr. Anurag Agarwal, who drive the companys technology strategy.
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