CECL Quantification: Commercial & Industrial (C&I) Portfolios
In the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models.
Implementation of the new financial instruments impairment standard (CECL), may take between twelve months to two years and over 62% of banks surveyed by Moody’s Analytics expect CECL compliance to increase their overall provisions.
Successful implementation requires understanding the impact of the accounting standard on provisions and identification of appropriate methodologies to incorporate the forward-looking information and life-of-loan horizon required for CECL.
Moody’s Analytics has designed a series of CECL Methodology webinars to help firms of all sizes with the tactical and strategic considerations when selecting the best modeling approach.
In this third webinar of our series, we cover:
How to leverage these existing capabilities in the transition to CECL
Key methodologies (approaches, segmentation, data requirements) and challenges for C&I Considerations for Lifetime Expected Credit Losses vs. Incurred Loss Model
The overall quantitative impact of CECL and how to be prepared
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