Core and system conversions present compliance risks related to data mapping, documentation management, disclosure timing, workflow changes, and reporting logic. TCA validates conversion execution from a compliance perspective to reduce downstream deficiencies and examiner findings.
We help financial institutions ensure accuracy, consistency, and compliance during system conversions by validating data, models, and outputs so risk is minimized and confidence is maintained throughout transition periods.
Validation Scope
Reviews may evaluate:
- Data mapping and field transformation
- Disclosure templates and timing
- Exception tracking logic
- Workflow alignment
- Reporting and system outputs
- Role permissions and access
- Retention and audit trail functionality
Pre- & Post-Conversion Testing
TCA supports institutions:
- Before conversion (readiness and risk mapping)
- During conversion (controls and testing)
- After conversion (validation and adjustment)
Why It Matters
System conversions influence:
- Lending workflows
- Pricing and underwriting
- Regulatory reporting
- Audit processes
- Data integrity
Additional Fair Lending Topics
Executive Order on Disparate impact and What a Bank Should Know
On April 23, 2025, an Executive Order regarding Disparate Impact was issued. The Order states: “It is the policy of the United States to eliminate the use of disparate-impact liability in all contexts to the maximum degree possible.” In addition, it requires the assessment of pending investigations and litigation to extend to the Department of […]
What are MDI’s and the benefits of partnering with one?
Do you ever feel hesitant to engage with organizations in your community because you are unsure if the activity will qualify for CRA? You are not alone. Inconsistencies among the agencies as to what qualifies as CRA eligible activity can cause confusion and make discerning worthwhile partnerships from not-so-worthwhile partnerships that much more difficult. In […]
CRA In the Boardroom
As financial institutions face increasing pressure to demonstrate their commitment for economic stability in underserved areas and populations, the responsibility of the Board of Directors under the Community Reinvestment Act (CRA) has never been more critical in shaping strategies that serve both community and business interests. TCA – A Better Way!
TCA Compliance Welcomes Sara Kirkpatrick, Enhances its CRA Expertise
With the hiring of Sara Kirkpatrick,TCA Compliance is enhancing the consulting it provides to banks on CRA compliance topics. TCA Compliance is a full-service company that provides A Better Way for banks to manage their compliance obligations. Kirkpatrick brings firsthand knowledge of first-time homebuyers and CRA programs. She initially anticipated working at a non-profit or […]
Mitigate Risk: Understand Your Lending Patterns
Examiners are more carefully scrutinizing banks’ lending penetration in low- and moderate-income census tracts for CRA and in substantially minority census tracts for Fair Lending in banks’ designated assessment areas. Examiners also expect banks to demonstrate a thorough understanding of their lending patterns. For example, they analyze HMDA loan data and Small Business/Small Farm loan […]
Stay on the Right Side of Fair Lending: 2023’s Top 5 FAQs
Fair Lending remains a hot topic with regulators and special interest groups. During 2023, our clients experienced heightened scrutiny around identifying patterns of disparity that could result in discrimination allegations and enforcement actions. Review the five key issues clients have faced and consider evaluating them at your institution. TCA provides A Better Way to help […]
