Software
- Lending & Credit Risk
  - Commercial Lending
    Assess and act on creditworthy borrowers quickly
  - Consumer Lending
    Increase revenue and support consumers with multiple loan types
  - Small Business Lending
    Grow SMB lending profitably with a platform that scales
  - Construction Lending
    Simplify loan management to boost income, lower risk
  - Credit Risk
    Automate the entire life of the loan to identify and monitor risk
  - Community Lending
    Book more loans faster with a powerful, yet simple solution
- Financial Crime
  - Anti-Money Laundering
    Manage and report on suspicious financial activity
  - Fraud Detection
    Protect your institution and customers with fraud scenarios
- Portfolio Risk & CECL
  - ALLL & CECL
    Gain confidence in your CECL assumptions & documentation
  - Stress Testing
    Identify portfolio, concentration, and borrower-specific risk
  - Asset/Liability Management
    Make better strategic decisions through dynamic ALM modeling
- Account Opening
  Grow deposits with a streamlined account origination process
- Data & Analytics
  Gain actionable insights through banking intelligence software
- Partners & Integrations
  Trusted partnerships for integrating Abrigo into your ecosystem
Advisory Services
- Consulting Services
  - Asset/Liability
    Improve strategic planning
  - BSA/AML
    Optimize your AML program
  - Change Management
    Speed tech adoption to maximize ROI
  - Core Deposit Analysis
    Identify future growth and risks
  - Loan & Deposit Pricing
    Gain competitive advantage
  - Portfolio Risk & CECL
    Monitor risk and ensure compliance
- Suspicious Activity Monitoring
  Our AML experts provide outsourced assistance with alerts, cases, lookbacks, and more.
- CECL Prep
  With experience across hundreds of CECL filers, our team takes the stress out of CECL transitions.
Our Events
Knowledge Center
Company
- About Us
  - Investors
    The winning team
  - Leadership
    Inspiring greatness in others
  - News
    Making an impact in our industry and beyond
  - Press
    Strong thought leadership
- Life at Abrigo
  - Culture
    Authentic and influential
  - Benefits
    A healthy and happy team
  - Values
    Core beliefs to meet shared goals
  - Internships
    Meaningful, hands-on experience
- Diversity & Inclusion
  Join us on the journey to create a diverse and inclusive culture for our most valuable assets. Our people.
- Job Openings
  Discover what life is like with an award-winning culture and a team that Makes BIG Things Happen.
Get a Demo

Portfolio Risk & CECL

Regulators Respond to CECL

Brandy Aycock

June 17, 2016

Read Time: 0 min

The agencies encourage financial institutions to begin planning implementation of the new standard and ensure that appropriate institution staff works closely with their senior executives and boards of directors during this transition. Institutions are encouraged to plan for the potential impact of the new standard on capital in advance of the new standard’s effective date.

Read the statement here.

http://www.occ.gov/news-issuances/news-releases/2016/nr-ia-2016-69.html

About the Author

Brandy Aycock

Brandy Aycock is Director of Event Marketing at Abrigo.

Full Bio

About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

Make Big Things Happen.