Discover CECL FIT™
Current Expected Credit Loss

CECL FIT Screenshot

Financial Insight & Technology Solutions™ is a fully integrated suite offering all your risk management services including CECL and ALLL. It combines state-of-the-art analytics with insight from our expert advisors.

CECL FIT offers:

  • Customizable executive dashboard to instantly see the impact of adjustments
  • Flexibility to easily create custom loan groups
  • Test loan groups with as many or all of the methods simultaneously
  • Maximum versatility to run “What-if” scenarios and select specific loans and securities
  • Q Factors
  • Forward Look with reasonable and supportable forecasts
  • Robust and transparent reporting
  • A team of advisors to assist every step of the way

Testing CECL Methods Simultaneously to See Impact on Reserve

CECL FIT lets you evaluate all CECL methods and test different market scenarios to discover the most suitable methods for your needs.

CECL Methods Diagram

Q Factors

Q Factors compensate for adjustments needed for changes that occur outside the model, like global economic trends and business conditions, the nature and volume of loan terms or portfolio, concentrations of credit, among others. CECL FIT offers robust regression analytics combined with external data from government sources to help build defensible documentation for your Q Factor adjustments.

When working with Q Factors, your institution has control and makes the final decisions. CECL FIT provides Q Factors that can be adjusted at:

  • Portfolio level
  • By Grade
  • By Group
  • Summary level to review your staff’s entries

Forward Look—Reasonable and Supportable Forecast

Forward Look creates a reasonable and supportable forecast 6 months to 3 years out to assess your financial assets. We include a robust regression analytical tool that combines external government data sources to help build defensible documentation for your Forward Look choices. All along the way, your institution has full control and makes the final decisions.

CECL FIT provides Forward Look that can be adjusted at:

  • Portfolio level
  • By Grade
  • By Group
  • Summary level to review your staff’s entries

Statistical Analysis and Reporting

Access to statistical tools to compare your reserve against economic data. This solution also offers robust reporting for a variety of stakeholders, including auditors, regulators, Board of Directors, and management. So the reporting needed to be intuitive layout, offer insights, allow further drill down details, and exportable reports for audit trail and for management consumption.

PCBB Adivsory Services Demonstrating CECL FIT

Discover CECL FIT For Your Institution

Want to see CECL FIT in action? Our FIT Advisors can provide you a personalized demo for your institution.