The allowance for credit losses (ACL) is a high-stakes calculation that directly affects your institution’s earnings, safety, and soundness. That’s why financial institutions turn to our proven CECL solution, an automated, auditor-trusted model that streamlines compliance and unlocks powerful reporting insights. With Abrigo, you don’t just meet the standard, you lead with confidence.
Solutions for implementation
Trusted ACL/CECL modeling for smarter, safer decisions
What our customers are saying
Confidence in Your CECL Program
More than 1,200 institutions depend on Abrigo for their allowance automation; join this network for peer best practices and benchmarks to aid your CECL program.
“[The exam] went so much smoother than it would have without the program. I actually shudder to think of what the experience would have been like if I was still using our internal spreadsheets.” Learn more.
Removing CECL Complications
Abrigo offers support beyond a username and password, with award-winning service and our advisory teams of CECL experts. Financial institutions partner with us because we are committed to your success.
“If there’s one thing that I can say about Abrigo, it’s that they have taken the complications out of it.” Learn more.
A Trusted Partner
Abrigo Allowance, our CECL software is a vetted, innovative, and intuitive solution that over 1,200 financial institutions already trust.
“We’ve always been a company looking for a better way to do things that is smarter and more efficient. Software can help." Learn more.
Advantages of Abrigo Allowance & CECL Solution
Reliable, scalable CECL modeling for modern institutions
Abrigo’s Allowance and CECL software is built for confidence—tested through successful audits and trusted by institutions nationwide. With intuitive, reliable tools recognized by auditors and examiners, banks and credit unions can streamline compliance, cut costs, and stay ahead of change.
Flexible, defensible, and future-ready
• Easily configure for simple or complex portfolios
• Choose from multiple methodologies to scale with evolving needs
• Maintain defensible, well-documented processes for smoother audits
Designed for efficiency and cost savings
• Eliminate error-prone spreadsheets and manual workflows
• Save time and reduce overhead with streamlined data entry
• Avoid costly mistakes with a transparent, automated system
All of your data in one platform
• Integrate with broader risk management tools
• Leverage insights across ALM, stress testing, and capital planning
• Gain a holistic view of institutional health and performance
Features and functionality of Abrigo Allowance & CECL Solution
ACL/CECL features that support you as you grow.
The configurability of Abrigo Allowance, our CECL software, means it can support both complex and simple portfolios with no-code implementations scaled to your needs. Our range of methodologies also allows the institution to maintain compliance as market practices evolve or the portfolio grows.
Data archiving and integration
Integrate with any core provider, increasing efficiency for your institution and archiving the data to give your institution flexibility with methodologies.
Methodology options
Scenario-test methodologies such as migration analysis, vintage analysis, PD/LGD, transition matrix, static pool, remaining life, and discounted cash flow (DCF).
Peer data & loss benchmarking
Supplement credit loss experience (or lack thereof) with Abrigo's proprietary data and research from thousands of institutions.
Defensible & easy-to-use models
Establish your allowance with sound, quantitative practices that reduce the impact and need for ongoing, significant qualitative adjustments.
Robust & pre-built reporting
Quickly access disclosures and documentation to support the allowance and inform strategic portfolio-risk decision-making.
Connect CECL to other risk functions
Abrigo's platform means CECL inputs and outputs integrate with origination, stress testing, asset/liability management, and risk models.
Integrated systems
Add-Ons and Expert Support
Take your allowance process beyond the basics. Abrigo offers a suite of CECL and Allowance add-ons designed to streamline calculations, strengthen your model, and unlock greater strategic value from your data.
With deep expertise in credit risk and a long track record of helping financial institutions navigate evolving regulations, our additional tools and advisory services help you:
- Simplify complex calculations with configurable methodologies and automation
- Enhance accuracy and defensibility with expert-guided assumptions and documentation
- Integrate CECL insights into capital planning, stress testing, ALM, and more
- Make data-driven decisions that support growth, mitigate risk, and improve overall performance
Resources on CECL & Allowance for credit loss
Transition: CECL Prep Kit
Resources include implementation and data guides, accounting info, and a CECL software checklist.
Steps To Adopt CECL in 2023
How to adopt (and scale) best practices and avoid common stumbling blocks while implementing CECL.
Top 5 CECL Myths Busted
Understanding misconceptions about CECL implementation will help in navigating this change for 2023.
