With the Financial Accounting Standards Board (FASB) Current Expected Credit Loss (CECL) impairment standard and Allowance for Loan and Lease Losses (ALLL) finalized, preparation and interpretation has begun. Having the right tools to help gather and organize the historical data, create pools and calculate loss rates is critical. In this webinar, we’ll walk through Prologue™ Credit Loss Manager from Fiserv and how it will help you be prepared for CECL.
You’ll discover how Prologue Credit Loss Manager can help you:
- Collect a vast array of historical data Pool capabilities to allow for tracking at more detailed levels to improve performance
- Use different methodologies for different pools
- Calculate historic loss rate at pool level and the projected ALLL at the pool and aggregate levels