Understand and manage risk

Portfolio Stress Testing with Abrigo

Going above and beyond a compliance checkbox

As Abrigo has grown, our loan portfolio stress testing capabilities and expertise have expanded. We've taken functionality from our legacy stress testing tools to create the most comprehensive stress testing application designed for community financial institutions. We will end support for the CREST software December 31, 2020. With our expanded application, your financial institution is able to:

  • Forecast losses by segment, across your CRE and C&I portfolios
  • Understand and measure risk at the borrower, concentration, and institution level
  • Make more informed capital planning and lending decisions
  • Communicate risk levels to the board, examiners, and management with easy to use reporting
Abrigo can help you mitigate portfolio risk through our:

Software Application

Sageworks Stress Testing gives you flexibility to look at potential risk at the borrower-, concentration-, or institution-level. With custom segmentation and scenarios, you can develop reports that give you insight into potential risk and impact on capital and earnings.

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Advisory Services

Our team of former bankers and examiners can help you transition to Sageworks Stress Testing or to perform stress tests in your behalf.

  • Build custom reports to showcase stress results
  • Fine-tune or review your stress scenarios
  • Optimize your stress tests as a component of a sound risk management program
  • Outsource your stress testing program to our experts

Meet our Experts
See Sageworks Stress Testing in action. Schedule a call with one of our experts.
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Sageworks Stress Testing is an efficient way to stress different levels of our portfolio. Since purchasing the solution, examiners have been very happy, making life easier for us.
KRISTEN BEGGS, WEST TEXAS NATIONAL BANK, MIDLAND, TX
Still have some questions?
FAQ from Abrigo

What features would be new to me if I switch from CREST to Sageworks?

With Sageworks, you’ll be able to stress test C&I loans in addition to CRE loans, and you’ll be able to leverage collateral values thanks to a core system integration. Data from credit spreads within Sageworks would also be accessible for stress tests, reducing data entry for you.

Are there any features that won’t be in Sageworks that I had in CREST?

Given the benefits with data management, Abrigo will no longer support stress tests based on alert-files only. To upgrade to the new technology, your institution will need a core system integration with Abrigo.

My CREST contract currently extends until 2020. Will you still support it?

Yes, we will continue to make the CREST technology available. However, we recommend you consider switching to Sageworks for its expanded capabilities, web-based support, and reduced data entry. CREST will be sunset December 2020.

If you choose to migrate to Sageworks before the end of your contract, we can give you credit for your remaining term.

If your current contract extends beyond 2020, we will work with you to find the best resolution.

What must my institution do to transition to Sageworks Stress Testing?

It’s recommended that your institution connect Abrigo to your core system. This integration can take as little as 42 business days but gives you up to date information, collateral data, and reduced data entry as part of your stress testing program. The technology is core agnostic, and we’ve successfully integrated more than 1,200 financial institution cores.

What if my institution doesn’t want to change?

CREST will be sunset December 2020, and we’ll continue to help you see value through the end of your contract or 2020. We may also be able to provide Advisory Services to replace your software subscription, and we'd be happy to discuss an arrangement that works for you.

Meet our stress testing trainers and advisers.

Our Experts

Michelle Lucci, CRCM, CAMS

Senior Advisor

As a Senior Advisor for MST Advisory Services, Michelle Lucci, CRCM, CAMS, brings her clients more than 30 years’ experience in

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Robert Ashbaugh

Executive Risk Management Consultant

Rob Ashbaugh has more than 20 years of capital markets and commercial banking experience as both a Portfolio Manager and Risk Manager,

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Regan Camp

Managing Director, Advisory Services

Regan Camp is Abrigo’s Senior Director of Advisory Services, leading a team of subject matter experts who assist financial

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