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The CECL Solution

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2018 American Bankers Association Risk Management Conference Podcast on DXCDA

Consensus in the banking industry is the Current Expected Credit Loss (CECL) method of accounting for loans will be the biggest change in the history of bank accounting. CECL will impact nearly every aspect of bank operations and may have a significant impact on your bank’s capital position.

While the Current Expected Credit Loss compliance deadlines do not occur until 2020 (public entity) or 2021 (privately held), bankers agree that now is the time to run CECL calculations parallel to current loss models and formulate a CECL strategy to adjust to the new CECL methodology.

The DXCDA CECL Solution

DebtX’s Credit Default Analytics solution (DXCDA) calculates your loan portfolio’s expected losses with loan-by-loan granularity, giving you an immediate view into any potential capital impact that CECL may have.

DXCDA is a fully outsourced, independent CECL service that saves your bank time, manpower and money. DebtX runs all CECL calculations and provides outputs in the format that best fits your accounting platform.

DXCDA leverages the most robust historical data set in the market for both performing and non-performing loans.

DXCDA Features

  • Quickly calculates Expected Loss for your portfolio under a dozen different scenarios, including the three Supervisory Scenarios.
  • Provides loan-by-loan calculations of PD/LGD/EL for your bank’s ALLL calculation.
  • Efficient and low impact- simply send us your data and we do the rest.

Get your free CECL results from DebtX Today!

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Trusted in the Industry

DebtX has a long history in loan analytics beyond CECL and works with regulators and auditors on a regular basis. DXCDA has been back-tested and validated, so it is defensible to your regulators and auditors.

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