Staying in compliance with Current Expected Credit Loss (CECL) requires flexibility. Built on Oracle's integrated risk and finance architecture, this solution helps you quickly adapt to CECL's continuously changing standards and regulations.
New types of data are required for CECL calculation.
There is no single prescriptive model for CECL compliance.
Complementary processes are required to support CECL.
Complete data lifecycle management for all analytical needs at a bank covering the risk, finance, treasury and compliance domains.
Effectively compute expected credit losses across multiple scenarios and arrive at an Effective Interest Rate while also computing interest adjustments.