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The MST Virtual Economist

July 27, 2016
Read Time: 0 min

Estimating the allowance under CECL will include assessing the impact of economic factors and trends. CECL will require financial institutions to look into the future and assign value to prospective economic trends. Financial institutions will need access to data and intelligence from which to draw conclusions.

To address this challenge, MST developed the MST Virtual Economist.

The MST Virtual Economist allows the institution to compare its loan portfolio to a variety of economic indicators to determine which ones matter and which ones don’t. 

Read more about the MST Virtual Economist or contact Natalie Crawford natalie.crawford@mainstreet-tech.com for more information.

Click here for the Virtual Economist brochure.

Join the August 25 2:00 p.m. EST Informant product demo webinar. Register here.

Watch the short MST Talk: Reasonable and Supportable Forecasts with Tom Cunningham, PhD, Senior Economist of the Federal Reserve Bank of Atlanta (retired).

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.

 

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Read the press announcement

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