COHORT NEWS: Hexanika Launches Fair Lending Solution

[LITTLE ROCK, Ark.] Aug. 10, 2017 - HEXANIKA, alumni of the 2016 VC FinTech Accelerator, is set to announce it's Fair Lending Solution® at the 2018 HMDA training conference, held August 29-30 at The Venture Center.

Presented by Wallace Consulting Co., LLC, the training is an immersive, two-day training which will explore new HMDA rules and data fields, change management challenges and solutions, and fair lending risk management best practices—including statistical analyses of lending risks.  

HEXANIKA uses cutting edge, seamless technology to analyze loan data and demographics in addressing fair lending risks faced by lending institutions per the Interagency Fair Lending Examination Procedures (IFLEP). The Fair Lending Solution® provides a simple, graphical user interface to investigate IFLEP risk factors for each loan product, both at the institution level and within each market. Relying on statistical testing methodologies to determine where fair lending risks are greatest allows for resources to be devoted to areas with the highest potential for findings of discrimination.

August 29-30, 2017 •  8:00 a.m. to 5:00 p.m.
The Venture Center • 417 Main Street (inside the Little Rock Technology Park) • 6th floor
Little Rock, Arkansas 72201

Breakfast and lunch will be served both days. Space is limited so reserve your spot today!



Yogesh Pandit is Founder & CEO of HEXANIKA, a FinTech company that helps banks transform their data analytics and reporting landscape by automating the data ingestion and rule creation processes. HEXANIKA software delivers 100% data lineage, up to 40% cost and time savings, and 35% improvement in data quality. Prior to HEXANIKA, Yogesh served as senior vice president at Citibank in the Financial Services Strategy and Risk Advisory practices.

Michael P. Wallace is founder & president of Wallace Consulting Co., LLC. He has 21 years of experience in consumer protection laws and regulations and served 19 years as a bank examiner before founding his company. Wallace Consulting Co., LLC is dedicated to understanding and mitigating the fair lending and CRA risks faced by banks of all sizes. Prior to starting his own business, he served as lead instructor for the Federal Reserve System’s examiner fair lending training course.