SAS® Fair Banking
Ensuring regulatory compliance while improving lending decisions
Historically, banks have struggled to meet fair lending requirements with time-consuming, manual processes and inadequate departmental software tools that can’t handle the multiple demands of regulatory submissions, fair lending analysis and community development qualification. SAS has changed all that. With the latest release of SAS Fair Banking, organizations are more empowered than ever to quickly identify risks and take steps to minimize them before they cause unwanted exposure, while confidently reporting on all lending practices.
Benefits
- Reduce violation risks and improve regulatory performance.
- Improve data and process validation practices.
- Enhance, grow and sustain fair, responsible and profitable dealings with customers.
- Get up and running quickly.
Features
- Web-based matched pair analytics
- Dynamic, task-driven qualification of Community Development loans, investments and services
- A singular measure of risk exposure
- Web-based performance evaluation reports
- A single data integration platform
- Comprehensive, Web-based business intelligence capabilities
- A patent-pending Comprehensive Credit Assessment Framework
Screenshots
Transparently qualify community development loans, investments and services.
How SAS® Is Different
- SAS Fair Banking includes intellectual property from industry experts on HMDA, CRA and fair lending.
- SAS is the unequivocal industry leader across all aspects of risk and compliance.
- As part of the SAS Business Analytics Framework, SAS Fair Banking includes industry leading data integration, innovative analytics and easy-to-use business reporting capabilities, enabling institutions to produce HMDA and CRA submissions, support fair lending regulatory examination, and document qualified community development activities – all in one solution.
Benefits
- Reduce violation risks and improve regulatory performance. A single, consistent business analytics platform enables all stakeholders to reliably assess and report exposure risk at both the summary and detail levels.
- Improve data and process validation practices. Complete transparency and auditability enables institutions to demonstrate that information integrity is not an issue, processes are consistent and well-controlled, and results are traceable to underlying practices and source data.
- Enhance, grow and sustain fair, responsible and profitable dealings with customers. Accurately understand what has happened and – perhaps more importantly – what actions are needed to make improvements.
- Get up and running quickly. SAS provides a unified framework that enables rapid adoption and deployment of critical business assessment and monitoring capabilities.
Features
- Web-based matched pair analytics
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- Helps focus manual file reviews on specific criteria and on statistically sound evaluation.
- Dynamic, task-driven qualification of Community Development loans, investments and services
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- Brings consistency to a fully documented qualification process.
- A singular measure of risk exposure
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- Immediately surfaces potential problem areas and helps direct investigations.
- Web-based performance evaluation reports
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- Enables drill-down into reports, from the highest organizational level to the census tract in order to pinpoint CRA lending relative to goals.
- A single data integration platform
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- Lets you proactively stop source file errors from polluting the system, helping ensure more accurate HMDA and CRA submissions and reports.
- Comprehensive, Web-based business intelligence capabilities
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- Address all stakeholder reporting needs.
- A patent-pending Comprehensive Credit Assessment Framework
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- Effectively balances regulatory compliance and business development at the enterprise level for optimal growth.
Screenshots
Use SAS Fair Banking to qualify community development loans, investments and services with complete transparency.
Correct errors over the Web and in real-time, automatically retaining a comprehensive audit history.
SAS Fair Banking provides a single, secure environment for all your HMDA, CRA and analytic fair lending needs.
With SAS Fair Banking, define one or more protected class factors for targeted match pair identification.
Ready to learn more?
Call us at 1-800-727-0025 (US and Canada) or request more information.
