Make CECL Easy with Our Automated, Affordable Solution
A Straightforward CECL Solution for Community Banks and Credit Unions
Streamline Your Allowance for Credit Loss Calculation and Be Prepared for Compliance with CECL.
Access Anytime, Anywhere with our Web-Based Platform
Built by Financial Accounting Standards Experts
Other CECL Solutions Are:
Difficult to Implement
Frustrating to Use
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
Implement & Streamline Your Allowance for Credit Loss Calculation
Be Prepared for Compliance with CECL
1827 Walden Office Square, Ste. 350
Schaumburg IL 60173
Toll Free: 1.800.323.3281