You're expected to grow the business and keep costs down. What does it take to achieve that balance?
Fundamentally change the way banks do their accounting, and accurately forecast credit losses and create provisions for such losses.
There certainly is no shortage of challenges that CECL brings to financial institutions—including data, models, engines, reconciliation, and disclosures. Are you ready?
Better understand how your institution is impacted by siloed data and mistrusted information.
Establish a single measure of risk across the organization and obtain a comprehensive view of risk and performance.
Identify and assess liquidity risk under business-as-usual and stress-behavior conditions and manage it by formulating appropriate counterbalancing strategies.