CECL as a Strategic Business Initiative

CECL as a Strategic Business Initiative

Do you have the right data to proactively approach CECL and accomplish strategic growth objectives? Implementing the new CECL standard is expected to have broad implications that may affect numerous functions at banks and credit unions, including credit modeling, regulatory capital impact, operational implications, financial and regulatory reporting, and data and technology considerations. This has […]

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CECL: A Competitive Advantage vs. Regulatory Burden

Referred to as one of the biggest changes ever to bank accounting, CECL, which takes effect in 2020, will require financial institutions to calculate the expected loss over the life of each loan and set aside reserves to cover those losses at the time of origination. It is projected that the industry may be forced […]

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