CECL Express is a turnkey, cloud-based solution, designed to provide banks and credit unions with optimized results and reporting that fully meet the ‘Current Expected Credit Loss' accounting standards...
CECL represents a major change in what is expected from financial institutions in their reporting of, and provisioning against potential credit losses...
CECL Express has been developed to allow banks to transition to the new CECL standard efficiently and effectively for P smoothing and capital optimization.