The **1071 Small Business Data Interface** is an integration capability Wolters Kluwer offers to customers of certain lending/compliance products (notably **ComplianceOne® Lending**, **ARTA Lending**, and **TSoftPlus™**) to pass required small business lending application data into Wolters Kluwer’s Small Biz Wiz® platform for Section 1071 (ECOA / Regulation B) data collection, file preparation, geocoding, editing, analysis, and submission workflows. In practice, it is intended to reduce duplicate data entry and simplify Section 1071 compliance operations by moving data from upstream loan/origination or lending workflow tools into the dedicated 1071 compliance system.
Wolters Kluwer describes a workflow where: (1) demographic and required loan data are collected in upstream systems; (2) the data is sent into Small Biz Wiz where remaining details can be completed, geocoded, and edited; (3) analytics tools support compliance monitoring; (4) submission is facilitated inside Small Biz Wiz.