SOURCE: Visible Equity

Visible Equity

February 09, 2016 12:29 ET

Visible Equity's New E-Book Details How to Plan for Regulatory Exams

Industry Leader of Web-Based Analytics for Lenders Publishes Preparation Guide for a Process That Is Often Stressful for Credit Unions

MIDVALE, UT--(Marketwired - February 09, 2016) - Visible Equity, an industry leader of Web-based analytics for credit unions and banks, today announced it is publishing a guide to help credit unions prepare for and even embrace the examination process. The e-book, Preparing for a Regulatory Exam, is available for free download at http://learn.visibleequity.com/preparing-for-a-regulatory-exam.

For many credit unions, an upcoming regulatory examination can cause stress before auditors arrive onsite; this is even true for well-run organizations that have sailed through previous exams with glowing reviews. The increasing complexity of compliance, the immense pressures on efficiency and growth, and the abundance of available data detailing every nook and cranny of an operation boost the likelihood that examiners will call to attention several points that merit further discussion. Visible Equity's new e-book provides a blueprint for approaching exams as an opportunity rather than with trepidation. Features of the guide include:

  • Pain points that credit unions feel toward the examination process
  • Key examination ratios and reports that regulators will pay close attention to
  • Three things examiners want to see from credit unions during the process
  • Advice on how to prepare for examinations
  • Expected changes to the exam process in 2016

"Regulatory examinations can be understandably traumatic for credit unions," says David Gilbert, Chief Marketing Officer of Visible Equity. "However, in most cases, anticipation of the exam can be much worse than the exam itself, especially if an organization has incorporated introspective philosophies, processes, and practices that imitate the scrutiny examiners typically exert during their visits, as well as if it has invested in a comprehensive data analytics solution. Our new e-book offers advice on how to catalyze a paradigm shift from viewing the examination process as a punitive event to one that can validate and potentially even strengthen operations."

For additional information about this new e-book or Visible Equity's services, visit the company's website at http://www.visibleequity.com.

About Visible Equity
Visible Equity provides Web-based analytics to credit unions and banks nationwide. The company's analysis software is used to identify credit risk and analyze lending opportunities in loan portfolios, test for discriminatory lending through fair lending analytics, and run and analyze "what if" scenarios on loan applications and warehouse data. For more information, visit http://www.visibleequity.com.

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