Connect with Abrigo
June 12-14, 2022 in Boca Raton, FL
Stop by booth 301 and meet the Abrigo team. Drop your business card for a chance to win a $200 Amazon giftcard!
Portfolio Risk Resources
Attend Our CECL Session:
Abrigo's Garver Moore will discuss CECL lessons learned from implementing the standard at hundreds of institutions and how those lessons affect his approach to smaller and private institutions.
Complimentary ALM Assessment:
Take this assessment and schedule a complimentary call with an ALM expert to identify specific opportunities for your institution's ALM strategy.
Attend Our Session
CECL Lessons Learned
Monday, June 13, 2022 | 11:15 AM - 12:15 PM ET
Most financial institutions will be required to present an Allowance for Credit Losses under the new standard by the end of 2022. In this presentation, we will discuss lessons learned from implementing the standard at hundreds of SEC Registrant institutions and how those lessons scale to the complexity of smaller/private institutions. The bad news: the transition takes some work. The good news: The work is far less than many fear, so long as it’s done in a thoughtful way.
Participants will learn:
- How to adapt/scale the best practices of SEC registrant institutions to create a durable practice at their own financial institution.
- How to avoid common stumbling blocks and wasted effort that can be a drain on resources and staff.
- How to use existing capabilities and assets to implement the standard or ensure their work implementing the standard pays dividends elsewhere at the institution.
- How to reduce reliance on qualitative overlays and reduce the effort and risk in the estimate compared to prevailing Incurred Loss practices.
Garver Moore
Managing Director Advisory Services - Abrigo
Garver brings a decade of enterprise software, analytic, and advisory experience to Abrigo’s advisory team. As Managing Director, he collaborates with internal product specialists on our market offerings and helps clients develop strategies to better navigate federal regulations and optimize their institutions for growth.
Benchmark Your ALM
Complimentary ALM Assessment
Many bank executives would like to glean more from their asset/liability management (ALM) model, especially in today's environment. Take this quick assessment to identify specific needs your institution may have to make ALM more effective. If requested, an Abrigo ALM expert will contact you to schedule a complimentary, 30-minute call to discuss your results and highlight areas of your ALM process that can be improved.
“I feel much better already, having something that I have no issues with and that I'm confident in - I'm glad I'm in early. Plus, I know the auditors like the application”
Valerie Pimenta, SVP & CFO
Talk to an Expert
Additional Resources
Portfolio Risk & CECL Content
FASB TDRs and Disclosures Update
The board recently issued updated accounting guidance that eliminates the troubled debt restructuring (TDR) designated for CECL.
Video: Inflation, Rate Hikes, and Deposit Activity
In this short video, join industry experts as they uncover the market's response to the first rate hike, deposit activities, and what to expect in the coming months.
6 Reasons to Update Core Deposit Analysis
Updated core deposit analytics provide the data for critical assumptions used in asset/liability models (ALM), and impact the overall risk management strategies.
