WASHINGTON, July 14, 2022 /PRNewswire/ — Today, RiskExec®, a subsidiary of Asurity Technologies LLC (“Asurity”), announced that it has been selected by Yamaha Motor Finance Corporation, USA (“Yamaha Motor Finance”) to provide its software to assist in fair lending analysis of Yamaha Motor Finance’s retail portfolios. Yamaha Motor Finance is a wholly owned subsidiary of Yamaha Motor Corporation, USA, offers limited financing solutions to support Yamaha dealers and Yamaha customers nationwide. Yamaha Motor Finance has offices in Cypress, CA and Marietta, GA.
RiskExec will provide Yamaha Motor Finance with its direct fair lending analysis through RiskExec’s proxy, geocoding and mapping features, as well as its disparity testing, regression and match pair analytics. RiskExec’s Fair Lending solution has been adopted by a number of auto and consumer lenders looking to increase efficiency across very broad loan portfolios, making it the leading SaaS solution for fair lending compliance.
“Our team felt that the RiskExec Fair Lending software would assist in our analysis of our retail portfolio and dealer network in all of our strategic markets. RiskExec, with its BISG proxy and original fair lending model, is robust yet extremely easy to use and provide quantifiable intelligence,” he said Kevin DuckSVP and Chief Risk Officer.
“We are very excited and happy to have Yamaha join our growing community of RiskExec users,” said Dr. Anurag Agarwal, President of RiskExec. “With such a rapidly evolving regulatory environment, our clients need innovative solutions to better serve their customers, stay compliant and improve their competitive edge in the marketplace.”
For more information about RiskExec or Asurity, contact us at [email protected] or (202) 765-2150.
About Asurity and RiskExec
Asurity delivers compliance-focused solutions for the mortgage, retail banking and consumer credit industries. RiskExec is one of Asurity’s leading SaaS-based products, combining best-in-class compliance expertise with cutting-edge reporting and analytics software to help lenders meet demanding regulatory requirements and business objectives. Financial institutions accept RiskExec to analyze their data for compliance or other uses in mortgage, retail banking, auto lending, student loan and other forms of credit and deposit products. Asurity also offers Propel™, a leading solution for dynamically preparing mortgage compliance document packages, and RegCheck® that provides comprehensive compliance checks against loan-level data pulled from any integrated LOS. For additional information on Asurity and its leading software solutions, visit www.asurity.com
About Yamaha Motor Corporation, USA
Yamaha Motor Corporation, USA (YMUS), is a recognized leader in the outdoor recreation industry. The company’s ever-expanding product offerings include motorcycles and scooters, ATVs and Side-by-Side vehicles, snowmobiles, WaveRunner personal watercraft, boats, outboards, outdoor power equipment, power assisted bikes, golf carts, systems for powered wheelchairs, Surface Mount Technology (SMT) systems and robotic machines, unmanned helicopters, accessories, apparel, Yamalube products and more. YMUS products are sold through a national network of distributors and dealers United States.
YMUS has a corporate office in Californiatwo corporate offices in Georgiafacilities in Wisconsin and Alabamaand factory work in Tennessee and Georgia. Additional US-based subsidiaries include Yamaha Marine Systems Company (YMSC) with divisions Bennett Marine (Florida), Kracor Systems (Wisconsin) and Siren Marine, Inc. (Rhode Island), Skeeter Boats (Texas), with the division G3 boats (Missouri), and the Yamaha Precision Propeller (Indiana).
About Yamaha Motor Finance Corporation, USA
Yamaha Motor Finance Corporation, USAlocated in Cypress, CA and Marietta, GAfounded in 2015, the subsidiary is wholly owned by Yamaha Motor Corporation, USA offers limited financing solutions to support Yamaha dealers and Yamaha customers nationwide with retail and commercial financing as well as protection products for all of Yamaha’s diverse line of motorcycle products. https://www.yamaha-motor-finance.com/
Manager of corporate communications