Make CECL Easy with Our Automated, Affordable Solution

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Plansmith has your affordable, easy button for CECL

Uses Weighted Average Remaining Maturity (WARM) Method
Leverages Your Historical Call/5300 Report Data
Computes Loss Allowances Under Current or Future CECL Environments
Automated Peer Group Analysis Provides Loss Rate Comparisons
Web-Based Platform Requires No Software or Core Integration
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Other CECL Solutions Are:

Difficult to Implement

Outrageously Expensive

Frustrating to Use

Leverage the CECL Companion to further automate the process:

Generate the required User Inputs for Plansmith’s BankTrends CECL Calculator

Calculate Loan Principal Payments on an
Instrument Level Basis

Calculate Weighted Average Remaining Maturity (in Quarters), Weighted Average Interest Rate, and Annual Prepayment Assumptions for each Call Code Category.

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What Makes Plansmith’s Solution So Easy and Affordable?
Keep Your CECL Solution Simple!
Our Call Report based methodology is
consistent with recent regulatory guidance and utilizes the weighted-average remaining maturity (WARM) method for historical loss rate computations.
Easily select the relevant historical
data which most closely resembles the
condition of your current loan portfolio.
BankTrends maintains your historically submitted regulatory filings and utilizes that information to build historical portfolio loss rates going back over 11 years. This loss information is then aggregated with user input assumptions from your current interest rate risk model to forecast future estimated portfolio losses.
Ready to see it for yourself?
Schedule a discovery call today to get a personalized demo of Plansmith’s CECL Solution
Receive a personalized demo
Implement & Streamline Your Allowance for Credit Loss Calculation
Be Prepared for Compliance with CECL
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Is Your CECL Solution Complicated or Expensive?

Watch this free webinar to learn how Plansmith’s CECL Solution makes it easy to comply.
Watch it Now!

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Account Projections Overview (9:14)

Learn how this screen allows you to model the growth, pricing, income and expense of the Balance Sheet and Income Statement.

Forecasting Overview (13:42)

Forecasting: Applying Manual Edits and Growth Models to the Balance Sheet

https://youtu.be/NrWRbnM65MU

Forecast Editing Tools (11:49)

The Quick Edit feature provides great power with several shortcut and calculation aides

Forecasting Webinar (57:32)

This 57-minute webinar reviews the different types of growth models, how to forecast using these growth models, and methods for forecasting non-interest income and non-interest expense.

Forecasting Growth

Pricing Models Overview (11:20)

Learn how to link Interest Rates to the Yield Curve with spreads, floors & ceilings. 

Pricing Model Examples

Pricing Models Webinar (1:17:45)

View this 77-minute session to learn about the essential components of pricing models, creating assumptions, and the application of pricing models in rate shock and budgeting.

Building Pricing Models

Prepayment Utility (28:30)

Learn how Compass captures the financial instution’s specific prepayment experience and allows both simple and complex
prepayment modeling at the account or category level.

Prepayment Converter for Securities: PSAs & CPRs

Rounding Out Your Assumptions Webinar (1:05:49)

View this 65-minute session to learn how Optionality is addressed in Compass through the Put/Call Feature and Prepayment Modeling. Understand the application of Decay and Alternate Discount Rates on Non-maturing Deposits (NMD). Review the input and functionality of Taxes and Dividends within the model.

Assumption Documentation Guide

Assumption Recap

RoundOutYourAssumptionsforBudgetingIRR

Best Budgeting Practices (25:50)

This 26-minute webinar reviews best practice techniques for creating your annual budget and locking your budget for the new year.

https://youtu.be/02BH_rAVtN0

Compass Best Practice Techniques Handout

Suspend Auto Reforecasting During Budget Approval (10:45)

Learn how to suspend auto reforecasting to get your month-end download complete during budget approval times.

https://youtu.be/Ogyrp_nSMFM

Locking the Budget (6:33)

Learn how to use the Lock Budget feature to transfer the projections into the Budget Tab.

https://youtu.be/13_yuOAYe-8

Year-End Shift (8:21)

This tutorial reviews the process referred to as shifting the database which is necessary to accommodate projected data for a new 12-month period by moving the prior year’s actual data and storing it as history

https://youtu.be/5wqkHnVGELk