Prologue™ Credit Loss Manager from Fiserv provides enhanced credit modeling so you can optimize the required reserve amount for every loan while meeting the Financial Accounting Standards Board’s Current Expected Credit Loss (CECL) standard. Our hosted version eliminates the time and cost of implementing and managing the credit loss software.
Prologue Credit Loss Manager delivers the information required to measure credit losses, including reasonable and supportable forecasts regarding expected collections of loan principles and payments.
By analyzing all available data, including information about past events, current conditions and reasonable and supportable forecasts, the Prologue solution calculates more accurate loss rates so that you can minimize Allowance for Loan and Lease Losses reserve requirements.
The hosted version of Prologue Credit Loss Manager offers financial institutions a secure alternative to an on-premises solution and meets the same rigorous Fiserv quality and security standards as our on-premises solution. Our off-site data recovery center ensures that data is always secured.
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