In this white paper see how institutions can address the transition to CECL in a controlled, secure and scalable environment.
All financial institutions are subject to the new CECL standard; however, expectations will be tailored to the “size and complexity” of the institution. Similar to reserving practices today, each institution will have a slightly different approach to generating the CECL estimate.
This paper outlines how institutions can practically address the transition to CECL in a controlled, secure, and scalable environment that stands up to the high degree of scrutiny associated with significant financial statement estimates.