CECL will force most institutions to store significantly more historical data to calculate reserves for credit losses. But that’s not all bad news. Why? Because this mandate can improve strategic planning and become a source of competitive advantage if a company integrates CECL processes into its analysis and planning.
Please join Tom Caragher, Senior Product Manager at Fiserv, to discuss various aspects of CECL, including:
- Scope of data collection
- Data pooling flexibility
- Predictive analytics
- Integrated strategic planning