The FASB CECL pronouncement changes how institutions look at and calculate reserves for credit losses. In order to meet that requirement institutions will need to store a potentially significant amount of historical data. At first, institutions will be purely reactive looking to meet the standard. However, if the process around CECL is an integrated part of strategic planning and analysis, institutions can optimize that historical data to become more competitive and profitable. Aligning segmentation of loan pools for CECL with charts of accounts budgeting, planning, stress testing and balance sheet management can become much more effective. Incorporated into Funds Transfer Pricing analysis will CECL analysis can provide a more accurate measure of the contribution to net interest margin. Join us for a discussion about how to better utilize the data and results from CECL.

Key Speakers

Mike Sisk
Contributing Editor American Banker
Thomas Caragher
Sr Product Manager, Financial & Risk Management Solutions, Fiserv