Abrigo's additional resources and expert knowledge for the allowance for credit losses make it easier to streamline the calculation and leverage your data to more easily make strategic decisions that manage risk and drive growth.
Leverage Allowance Data for Portfolio Management
Allowance and CECL Software from Abrigo
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ALLL & CECL Solutions
Streamline the allowance calculation while bridging your incurred loss model to CECL compliance.
Endorsed by the American Bankers Association
Data gathering and calculating the allowance for credit losses are more complex under the expected loss model’s life-of-loan reporting.
Get the flexibility that you need for current expected credit loss (CECL) compliance and developing reasonable and supportable forecasts. Automate the allowance for loan and lease losses (ALLL) with Abrigo and gain significant time savings compared to spreadsheet-based calculations, as well as more transparent documentation, a defensible process for auditors and examiners, and a smoother transition to CECL.
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Key Features
A powerful solution with flexibility and full control.
Incurred Loss & CECL Parallel Testing
Maintain your incurred loss calculations today while effectively preparing for CECL by switching between either models with the click of a button.
Methodology Options
Test methodologies such as migration analysis, vintage analysis, PD/LGD, transition matrix, static pool, remaining life, and discounted cash flow (DCF).
Segmentation Builder
Build and tweak granular, yet still statistically significant, loan segments based on common risk characteristics.
Data Archiving, Storage & Integration
Continuously archive loan-level data for current and historical periods and integrate with any core provider, increasing efficiency for your institution.
Precise Economic Forecasting
Use embedded data (proprietary or from the FRED or economy.com) to support forecasts while conducting a correlation analysis for additional accuracy.
Verifiable Audit Trail
Verify the accuracy of your calculations with audit trail reporting and optional workflow templates so auditors, examiners, and regulators can understand your decisions with additional clarity.
Bank Independent cut calculation time from a week to two days
and now feels prepared for the transition to the expected loss model.
save time with abrigo
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and now feels prepared for the transition to the expected loss model.
A Trusted Partner
Abrigo supports more institutions than any other CECL or allowance vendor.
Gain Efficiency
Save time on the calculation and documentation each month or quarter.
Transparency
Build a defensible and documented calculation that stands up to auditor and examiner scrutiny.
Plan and Test
Leverage scenario planning to determine the best CECL model for the institution.
Leverage Data
Harness allowance data for other portfolio management insights, including board reporting.
Additional Data
Use peer benchmarks and economic forecasting data to substitute for low-loss historical data.
Controls and Process
Build an allowance calculation that's succession-proof for your institution.
With the complexity and high scrutiny that lenders face,
United Bank found true partnership with Abrigo's allowance experts.
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United Bank found true partnership with Abrigo's allowance experts.
Additional Functionality and Services
Get more value from your relationship with Abrigo.
Trepp Data Integration
Bridge the CRE Data Gap
Combining Abrigo’s data integration and cash flow engine with Trepp's CRE data, users can easily create estimates of potential credit losses for either current or future GAAP. This optional scorecard functionality provides forecasted PD/LGD loss rates for different classes of loans stratified by property type, region, loan type, loan to value, and debt service coverage ratio cohorts. Performing alternative scenarios is made easy by pulling in either baseline or severely adverse data.
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Analytics & Reporting
Leverage Your Data for Greater Insights
Create custom reports and dashboards using simple drag-and-drop functionality. Save time on ALLL or allowance for credit loss calculations and quickly produce forecasts that inform your directors on risk, profitability, and portfolio decisions. This business intelligence functionality brings together your disparate portfolio risk data for simpler reporting and robust analytics outputs, including automatically generated reports, interactive dashboards, and more.
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Partner with Advisory Services
Dedicated Consultants to Help You
Our in-house consulting group is made up of former bankers, accountants, and experts with deep and varied expertise, and they are available to our customers for decision-support, strategic planning, process outsourcing, and complex project management. Services available include data audits, pool segmentation assistance, valuation services, model validation, and advanced ALLL analysis.
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CECL-compliant calculations that you don't have to second guess?
Now that's big.
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Now that's big.
