Crowe Credit360 for CECL
Accurately estimate and report ALLL
The new CECL standard significantly changes the way that banks estimate and report the allowance for loan and lease losses (ALLL). Crowe Credit360 for CECL offers a holistic credit risk solution that goes beyond model validation to provide process transparency and meaningful insights, enabling:
- Confidence in CECL calculations prior to the effective date or audit
- Actionable insights through a toolkit of CECL models for methodology and documentation assessments
- Scenario modeling to validate CECL reserves and view the effect of alternative methodologies or segmentation
- Sophisticated data visualization for evaluating credit risk drivers, portfolio concentrations, and loan pricing imbalances
- An understanding of model performance through back-testing and sensitivity analysis
- Transparency, efficiency, and reliability via period-over-period data cleansing, standardization, and automated data anomaly detection
Crowe Credit360 for CECL
Crowe Credit360 for CECL is a technology-enabled model testing and validation solution that provides transparent, efficient, and effective testing and comprehensive analysis of current expected credit loss (CECL) reserves and portfolio risk.
Product features
Portfolio analysis
Accuracy testing of deployed CECL model
Alternative methodology modeling
Data flow trails
Portfolio analysis
Accuracy testing of deployed CECL model
Alternative methodology modeling
Data flow trails
DIY: transition to CECL
Crowe can provide your institution with the tools to “do it yourself.”
Crowe Credit360 for CECL: Conduct technology-enabled model testing and validation
Our Credit360 suite of solutions
Crowe Credit360 for Valuation™
Calculate and analyze loan portfolio values on a loan-by-loan basis with this robust, sophisticated solution.
Crowe Credit360 for CRE™
Use advanced data analytics and models to analyze portfolios through changes in economic and sensitivity scenarios.
Crowe Credit360 for Loan Review Departments
Get a better perspective on loan review with our innovative solution
Credit360 for Capital Planning and Stress Testing™
Strengthen capital planning and financial modeling across your portfolios with the power of machine learning.
Crowe Credit360 for Valuation™
Calculate and analyze loan portfolio values on a loan-by-loan basis with this robust, sophisticated solution.
Crowe Credit360 for CRE™
Use advanced data analytics and models to analyze portfolios through changes in economic and sensitivity scenarios.
Crowe Credit360 for Loan Review Departments
Get a better perspective on loan review with our innovative solution
Credit360 for Capital Planning and Stress Testing™
Strengthen capital planning and financial modeling across your portfolios with the power of machine learning.
Contact us
Learn more about how the Crowe Credit360 for CECL solution can help you estimate and report ALLL under the new CECL standard and effectively manage model risk. Contact us today.
