Our subject matter experts, Robby Holditch, Director, and Jin Oh, Director, discuss critical steps in meeting the new CECL standard.
The deadline for meeting the new current expected credit loss (CECL) standard is fast approaching. Many banks are well on their way in assessing processes, portfolio segmentation, model development, system requirements, and identification of data and resource needs. Where are you in your quest for CECL compliance?
Moody’s Analytics is helping numerous banks with their readiness for the new accounting standard, both locally and abroad. We understand that each bank is unique. While there is no easy button for CECL compliance, one central element to begin the compliance process is leveraging existing processes and tools as a starting point to understand the impact to capital, reserves, and resource constraints among others in the adoption to CECL.
- Start Line | existing tools and needed tools to comply
- Race to an Easy Implementation | no easy button
- Finish Line | reasons to start producing your CECL estimate now
Join us as our experts, Robby Holditch, Director, and Jin Oh, Director, to discuss critical steps in meeting the new CECL standard.
June 27, 2018 WebPage Robby Holditch
The “Easiest” Implementation – Why There Is No Easy Button
June 2018 Pdf Robby Holditch
Join us as our experts, Chris Henkel, Senior Director, and Robby Holditch, Director, discuss critical steps in meeting the new CECL standard.