NEW Whitepaper
CECL Regulation – Best Practices for Effective Implementation
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The implementation of CECL regulation will require banks to make some really significant changes to their systems and processes. See how you can prepare for smooth implementation of CECL.
Key Takeaways:
- Loan categorization and its importance in determining suitable loss estimation methodologies
- Assessing the suitability of data and characteristics of granular data gathered and scenario testing
- Managing data and assuring quality using a managed service model
- Ensuring sufficient data and unraveling gaps in quality to arrive at realistic loss estimates
- Managed services solution and its importance in helping a bank to optimize the data gathering process