Tackle the additional complexity of CECL and meet delivery deadlines.
Accelerate completion of your CECL implementation.
Successfully implement CECL faster with sample workflow and ECL model templates, business rules for data quality and Q-factor adjustments, and on-demand dashboard and disclosure reporting. SAS Solution for CECL can help you meet the business challenges and tight timelines of the new CECL standard while reducing implementation and execution risks.
Streamline ECL estimation processes.
Simplify CECL model implementation and maintenance through a point-and-click interface, automated workflows, and prebuilt templates that greatly reduce coding requirements and start-up time. Reduce ongoing CECL maintenance costs and enable expert resources to focus on higher-value activities.
Perform simulations and get fast results.
Automated CECL workflows and distributed, in-memory processing enable you to perform ECL calculations faster than ever, even for large portfolios and complex modeling systems. Then use prebuilt templates to create CECL management and disclosure reports or create your own. You can also aggregate and disaggregate CECL data and drill down into results in near-real time.
Key Features
Designed to help you meet CECL requirements – including modeling, workflow templates and disclosure reporting. SAS Solution for CECL has completed System and Organization Controls (SOC 1) Type 1 and Type 2 examinations under the attestation standards established by the American Institute of Certified Public Accountants.
Modeling & analytics
Speeds model implementation with sample templates for common model types. Enables timely compliance with CECL requirements through rapid implementation, execution and maintenance of ECL models and methodologies.
Results aggregation
Enhance controls and accountability with automated CECL management reports and disclosures. Aggregate or drill into results on the fly to understand ECL drivers and assess financial impacts.
Sample, configurable report templates
Quickly design and deploy CECL reports with easy-to-use reporting templates and out-of-the-box visualizations. Templates include lifetime ECL, scenario details, and adjustments and allocations – and can be configured as needed.
Unified workflows
Utilize sample workflow templates to manage and automate ECL estimation and reporting processes. Easily customize accounting rules and data flows while synchronizing risk and finance processes for greater auditability, transparency and repeatability.
Related Offerings
Check out these products and solutions related to SAS Solution for CECL.
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