Transition to CECL with Confidence
Estimating the allowance under CECL will include assessing the impact of economic factors and trends. CECL will require financial institutions to look into the future and assign value to prospective economic trends. Financial institutions will need access to data and intelligence from which to draw conclusions.
The MST Virtual Economist gives the institution an easy way to look at a wide set of economic variables and understand how relevant metrics will influence portfolio performance. Let us show you with a free demo.