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Ncontracts
Overview
HQ Location
United States
Year Founded
2009
Company Type
Private
Revenue
$10-100m
Employees
201 - 1,000
Website
Twitter Handle
Company Description
Ncontracts provides integrated risk management and lending compliance software to a rapidly expanding customer base of over 4,000 financial institutions, fintechs, and mortgage companies in the United States. The company’s powerful combination of software and services enables financial institutions to achieve their risk management and compliance goals with an integrated, user-friendly cloud-based solution suite that encompasses vendor risk, organizational risk, audit risk, and lending compliance management.
IoT Snapshot
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Technology Stack
Ncontracts’s Technology Stack maps Ncontracts’s participation in the IoT Technology stack.
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Devices Layer
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Edge Layer
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Cloud Layer
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Application Layer
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Supporting Technologies
Technological Capability:
None
Minor
Moderate
Strong
Case Studies.
Case Study
Nfairlending Case Study
Erin Goodall, vice president and director of compliance at Valliance Bank, was the sole member of the compliance team. She was responsible for analyzing all the bank’s fair lending data to identify redlining, disparities, and any potential violations of the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA) and other laws. This was a time-consuming process, taking up to 96 hours per quarter, in addition to her general compliance responsibilities. She also had to decipher what the results meant and spent hours creating reports to explain the insights to the board, management, and compliance committees.
