Manual reporting, disconnected workflows, and audit preparation consume valuable time long after the calculations are complete. Abrigo streamlines the entire allowance for credit losses (ACL) process with automated workflows, AI-powered reporting, and expert guidance.
Advantages of Abrigo’s CECL solution
Don’t settle for a solution that’s “good enough”
| Key Considerations | How Abrigo helps teams get ahead | Where other solutions fall short |
|---|---|---|
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Industry Experience
Experience helping financial institutions successfully implement and manage CECL. |
More than 1,200 financial institutions rely on Abrigo for CECL software, expert guidance, and ongoing support. |
Less proven solutions can increase implementation risk and limit access to best practices. |
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Workflow + Automation
How much of the CECL process is automated versus requiring manual effort. |
Orchestrate CECL calculation creation, processing, and documentation while automating recurring activities. |
Manual calculations and reporting create inefficiencies and increase the risk of errors. |
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AI Capabilities
How AI helps accelerate reporting, documentation, and month-end CECL workflows. |
Create review-ready narratives in one click while AI-powered calculation comparisons help identify and explain key drivers of change. |
AI capabilities are limited or unavailable, making reporting and documentation time-intensive. |
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Audit Transparency
How easily calculations, assumptions, and results can be validated and defended. |
Limited transparency into blackbox calculations can make assumptions and results harder to trace, validate, and defend. |
Hidden assumptions and calculations reduce transparency, making it challenging to validate results and respond confidently to examiner questions. |
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Expert Support
The level of ongoing guidance for methodology, validation, and regulatory readiness. |
Access experienced advisors for methodology guidance, validation, and ongoing portfolio risk management. |
Support often ends after implementation, with limited strategic guidance as your CECL program evolves. |
Proven risk solution
Navigate CECL with confidence, backed by expertise
175,000+ month end CECL calculations audited and defended
Spend 80% less time on ACL each quarter
2-3 hours saved per reporting cycle
The audit committee said it was the most informed and valuable CECL presentation they’ve ever had in the history of the bank. Now, [the CECL model] is not a foreign language. It's understandable and it's repeatable.
Paul Thompson, CFO, Integro Bank
Accelerate CECL calculations through automation
Trusted allowance management and AI-powered reporting
Automate calculations, generate narratives in one click, and produce consistent, review-ready CECL reporting.
Allowance
Abrigo Allowance simplifies CECL management with automated calculations, configurable methodologies, and transparent reporting. By reducing manual processes and streamlining month-end workflows, teams can improve consistency, strengthen audit, and gain greater confidence in their allowance estimates.
Allowance Narrative Generator
Allowance Narrative Generator accelerates the creation of allowance narratives and disclosure text while maintaining transparency and control. Using your institution’s data and methodologies, it produces review-ready drafts that teams can validate, edit, and approve with confidence and reduce manual work.
Abrigo Allowance is part of Abrigo's Portfolio Risk Solutions, connecting the ACL with stress testing, forecasting, budgeting, asset/liability management, and more. By bringing these capabilities together in one platform, institutions can streamline workflows, improve consistency, and make more informed decisions from connected data and workflows.
Proven success with Abrigo solutions
Hear from our customers
The system streamlines the end-to-end process—from data input and modeling to narrative generation—making regulatory reporting smoother and more audit-ready.
- Dustin Bays, Bank of Botetourt
"We’re utilizing our resources in a lot more efficient way to allow us to better digest and implement the new regulatory requirements
- Darren Flavell, National Cooperative Bank
