Question 1

What is MDRM IQ?

Accepted Answer

MDRM IQ is a regulatory intelligence platform for community banks and their advisors. It transforms public FDIC call report data into actionable intelligence briefs, audit-ready flag reports, and peer comparisons. It is an informational tool — it surfaces data and context but never makes decisions for you.

Question 2

Is MDRM IQ free?

Accepted Answer

The free tier is available to every FDIC-insured institution with no account required. You can search any institution on the homepage and sign up for a weekly Field Notes teaser delivered to your work email. The paid tier is Institutional at $499/mo per institution — with a 7-day free trial, no credit card required.

Question 3

How does billing work?

Accepted Answer

All paid tiers are billed monthly per institution with unlimited internal users. There is no seat enforcement. Billing is handled through Stripe. You can cancel anytime from your account settings.

Question 4

Who built MDRM IQ?

Accepted Answer

MDRM IQ is built by Unomia Labs LLC, founded by Kevin Whitworth (IAR, Arkadios Capital / Trivium Asset Management Partners) and Jason Aaberg. The platform is purpose-built for the regulatory intelligence needs of community banking.

Question 5

Where does the data come from?

Accepted Answer

All core data comes from the FDIC BankFind API (banks.data.fdic.gov), which provides public call report data for every FDIC-insured institution. This is the same data available through the FFIEC Central Data Repository. We also aggregate regulatory news from 11 sources across 7 federal agencies.

Question 6

How often is the data updated?

Accepted Answer

FDIC call report data is filed quarterly and typically published approximately 45 days after each quarter end. MDRM IQ refreshes as soon as new filings become available. Regulatory news is updated hourly.

Question 7

What data is NOT included?

Accepted Answer

MDRM IQ does not access internal CAMELS ratings, classified asset reports, confidential supervisory information, examination findings, MRAs, MRIAs, board minutes, or any non-public data. Everything we use is publicly available.

Question 8

Can I use MDRM IQ data for regulatory filings?

Accepted Answer

MDRM IQ is an informational tool. While the underlying data comes from official FDIC sources, you should verify any figures against your institution’s own records before using them in regulatory filings or examination responses.

Question 9

What do I get with the free tier?

Accepted Answer

A weekly Field Notes teaser every Monday at 6:45 AM with your institution’s flag count and enforcement status. You also get access to the public dashboard with basic call report metrics. No account or credit card required.

Question 10

How do I sign up for free Field Notes?

Accepted Answer

Search your institution on the homepage, then enter your work email address to subscribe. You’ll receive your first Field Notes teaser the following Monday.

Question 11

When does Field Notes arrive?

Accepted Answer

Every Monday at 6:45 AM Eastern. The brief covers the most recent quarterly call report data and any enforcement actions or regulatory developments from the prior week.

Question 12

What’s in the full intelligence brief?

Accepted Answer

The Institutional tier Field Notes includes a full AI-synthesized narrative with flagged metrics, regulatory citations, peer comparisons, and contextual analysis. You also get exam readiness briefs and real-time threshold alerts.

Question 13

How does the scenario planner work?

Accepted Answer

The Proctor IQ scenario planner lets you model what-if changes to key ratios. Adjust loan growth, deposit mix, capital levels, or interest rates to see how your regulatory posture would change. Results update in real time with threshold warnings.

Question 14

How does the free trial work?

Accepted Answer

Start a 7-day trial with no credit card required. You get full Institutional access for 7 days; the trial auto-expires and rolls back to the free tier unless you choose to subscribe. One trial per institution every 90 days.

Question 15

What does the Institutional tier add?

Accepted Answer

Institutional ($499/mo, 7-day free trial) is the full platform: every metric and ratio, Proctor IQ Agent scenario modeling, Trend Explorer, Peer Group Builder, the 48-rule Audit Engine, Compliance Posture (structured record across 10 regulatory areas with severity-sorted gap report and attestation tracking), Mock Examiner Lite + Full modes (Proctor-led conversational walkthrough across 10 exam areas — BSA/AML, IT/Cyber, TPRM, Flood, Call Report, IRR, Liquidity, Safety & Soundness, CRA, Fair Lending), the WORM-style Document Vault with cryptographic hash-chain verification, the regulatory response workflow (Inquiries) with audit-trail capture, and the unified Records audit trail (bitemporal event stream across Posture / Vault / Inquiries / Audit / Readiness / Mock Exam).

Question 16

How is Posture different from the Audit Engine?

Accepted Answer

The Audit Engine flags metrics from your call report against 48 published regulatory thresholds. Posture is the inverse — it's where you affirmatively document your compliance program (written policies, attestations, designated officers, testing schedules, etc.) field-by-field across the 10 exam areas. The Posture rollup shows your severity-sorted gaps so you can see what's missing before an examiner does. Posture and Audit Engine are complementary surfaces — Audit Engine surfaces metric breaches, Posture surfaces program gaps.

Question 17

What is the Mock Examiner?

Accepted Answer

The Mock Examiner (/mock-exam) is a Proctor-led conversational walkthrough of the same examination procedures a real examiner would follow. Two modes are available on Institutional ($499/mo, 7-day free trial): Lite Audit (~15-20 min, top-level procedures) and Full Exam (~45-90 min, complete hierarchical procedures with branching follow-ups). Output is an examination-style gap report with citation-anchored remediation paths. Sourced from FFIEC, OCC, and FDIC manuals.

Question 18

Is the Document Vault a true SEC Rule 17a-4 WORM?

Accepted Answer

No. The Vault provides cryptographic hash-chain verification on standard storage — every upload extends an institution-scoped hash chain, and tampering with stored content invalidates every downstream entry and surfaces on verification. It's examiner-grade proof that what you filed is what you stored, but it's not the regulated 17a-4 WORM that broker-dealers are required to use.

Question 19

What is the Inquiries / Regulatory Response workflow?

Accepted Answer

When a supervisor sends an inquiry, you log it at /inquiries. The response draft pre-populates from your structured Posture and Document Vault — every save is captured in the Records audit trail, so you can show examiners exactly what you said, when you said it, and what data supported it. Available on Institutional+.

Question 20

What does the Records audit trail capture?

Accepted Answer

Every field change, document upload, response submission, and audit action is recorded as a bitemporal event (transaction time + valid time). Corrections are linked to the original event — never silent overwrites. You can filter by phase (Posture / Vault / Inquiries / Audit / Readiness / Mock Exam) and export any filtered set. This is the paper trail examiners ask for when they want to know how you arrived at a decision.

Question 21

How many rules does the Audit Engine have?

Accepted Answer

The Audit Engine currently runs 50 deterministic rules across 11 categories: concentration risk, capital adequacy, asset quality, liquidity, earnings, interest rate risk, multi-quarter trends, portfolio-level analysis, and three attestation categories (IIA, BSA/AML, ACFE). The Audit Engine, the personal Compliance Calendar, the CAMELS Self-Assessment Workbook, the Exam Prep Binder PDF, persistent Mock Examiner sessions, the Posture rollup (severity-sorted gap report), Mock Examiner Full Exam mode, and the immutable audit trail are all included on the Institutional tier ($499/mo, 7-day free trial). Every rule maps to a published regulatory citation. Institutional records are persistent, institution-scoped, and bound to the account's institution.

Question 22

What is attestation?

Accepted Answer

Attestation is the process of a named reviewer evaluating each flagged finding, adding context or explanation, and recording their assessment in an immutable audit trail. This creates an examiner-ready record showing that your institution identified and addressed the finding.

Question 23

How do I run the Audit Engine against numbers more recent than my last call report?

Accepted Answer

Use the 27-field input form on the Audit Engine page. Pre-filled with values from your latest call report — you update only the fields that have moved (CRE balance, capital, nonaccruals, etc.), pick an as-of date, click Run with Updated Data. The engine reruns all 50 rules and shows you a side-by-side comparison: call report verdict on the left, updated verdict on the right, with every metric that moved highlighted. In-session only — nothing is stored on MDRM IQ servers.

Question 24

Is the audit trail really immutable?

Accepted Answer

Yes. Every review action, status change, and attestation is timestamped and recorded with the reviewer’s identity. Records cannot be edited or deleted after submission. This creates an examiner-ready compliance trail.

Question 25

What’s in the custom peer group?

Accepted Answer

The Enterprise tier lets you define your own peer comparison cohort instead of using the default peer group. Select institutions by asset size, geography, charter type, or specialty to create a comparison group that matches your institution’s competitive context.

Question 26

How does the watchlist work?

Accepted Answer

The competitor watchlist lets you monitor up to 25 institutions. You’ll receive alerts when watched institutions cross regulatory thresholds, face enforcement actions, or show significant metric changes. Useful for market intelligence and M&A monitoring.

Question 27

What’s in the board reporting PDF?

Accepted Answer

The board reporting feature generates a 7-slide governance-ready PDF covering your institution’s regulatory posture, flagged metrics, peer benchmarks, trend analysis, quarterly changes summary, and suggested board discussion questions. The format is designed to meet the board oversight expectations examiners evaluate under the Management component.

Question 28

Can I manage multiple institutions?

Accepted Answer

Yes. The Advisor Portfolio feature (Enterprise tier) provides a multi-institution dashboard where advisors and holding companies can monitor all their institutions from a single view. Each institution gets its own regulatory position, flagged metrics, and trend data, with a consolidated summary across the portfolio.

Question 29

How does MDRM IQ summarize my regulatory posture?

Accepted Answer

MDRM IQ surfaces your regulatory position (Clean / Watch / Elevated) from the count of flagged supervisory findings, and shows each metric alongside its UBPR peer percentile and trend. There is no single 0-100 composite — the regulator issues no readiness score, so the platform reports the deterministic facts (flags, peer position, trend) and leaves the judgment to you. Informational only — not a prediction of examination outcomes.

Question 30

What is the Exam Prep Binder?

Accepted Answer

The Exam Prep Binder Generator (/prep?tab=binder) compiles your audit flags, attestation responses, trend data, and supporting documentation into a single organized package. It is designed to mirror the structure examiners expect when requesting pre-examination materials, saving your team hours of manual assembly before an exam cycle. Available on the Institutional tier ($499/mo) — it pulls from CAMELS, Posture, and Vault data, all of which are Institutional-only inputs.

Question 31

How does the Deposit Concentration Analyzer work?

Accepted Answer

The Deposit Risk page (/dashboard/deposits) breaks down your institution’s deposit base by type — insured vs. uninsured, brokered, wholesale, and core deposits — and compares each concentration against regulatory guidance and peer benchmarks. All data comes from public call report fields. It helps identify liquidity concentration risks that examiners commonly flag.

Question 32

What is the CAMELS Self-Assessment?

Accepted Answer

The CAMELS Self-Assessment Workbook (/prep?tab=camels) guides you through a structured evaluation of each CAMELS component — Capital, Asset Quality, Management, Earnings, Liquidity, and Sensitivity to Market Risk. It combines your quantitative call report data with qualitative self-assessment responses to help your team prepare for examination discussions. Available on the Institutional tier ($499/mo) — supervisory ratings are tracked over time in the institutional workspace and feed into the Exam Prep Binder.

Question 33

How does the Compliance Calendar work?

Accepted Answer

The Compliance Calendar (/prep?tab=calendar) tracks regulatory deadlines, filing dates, audit milestones, and custom compliance tasks. It integrates with your audit flags so you can schedule remediation activities and track completion. Tasks can be assigned, prioritized, and marked complete with an audit trail.

What people actually ask us.

General

Data

Free ($0)

Institutional 7-day free trial

Institutional ($499/mo)

Audit Engine

Enterprise (custom)

New Features