CECL Software

What is CECL?

ARCSys offers the best CECL software solution for banks, credit unions, and lending companies, purpose-built to meet the complex requirements of today’s financial institutions. As a trusted CECL vendor with over a decade of hands-on experience in financial modeling and analytics, our platform delivers a fully auditable, data-driven CECL process with customizable CECL models tailored to your loan portfolio. With access to five different model methodologies, dynamic forecasting tools, audit-ready documentation, and personalized support from CECL experts, ARCSys ensures accuracy, compliance, and confidence, without relying on third-party estimates or leaving you in the dark.

What is CECL?

The best CECL analytics are built with

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CECL with ARCSys

Our models are based on contractual term life cycles in order to get an accurate view of your institution’s history and the effects of a full economic cycle.

CECL requires forecasting and our advanced analytics not only help you understand your history, but also provide predictive analyses to make meaningful business decisions.

Access our wide library of customizable financial statement reports for loans and investments.

Our Data Science & Statistical Modeling Team will annually review and realign your modeling, providing an updated segment class analysis, as well as additional forecast analysis and guidance.

Our system provides auditors with everything they need to conduct an in-depth review of your allowance calculations, including support for models and forecasts.

ARCSys provides diverse loan pool models for easy comparison. Our Statistical Modeling Team utilizes advanced analytics to recommend impactful segments and class structures for your financial institution.

Our Implementation Team Accountants are dedicated to your CECL program, loading, verifying, and reconciling your data, allowing you and your team to focus on other tasks at hand.

Have accounting questions? We’ve got you covered! Our team includes accountants, auditors, data scientists, statisticians, and banking professionals with over 200 years of financial institution experience.

No two institutions are the same, so why try and fit another institution’s preset mold? We work with your institution’s data to build custom models and provide you with in-depth graphical analysis.

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CECL with
Competitor

ARCSys loads, verifies, and reconciles your loan data, identifying gaps and errors to ensure complete and accurate inputs before running your CECL models.

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Does not support allowance accounting for investments

ARCSys limits your data to call reporting pools, keeping your CECL analysis focused on the regulatory requirements that matter most.

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Limits data to only call reporting pools

ARCSys gives your team full access to a dynamic learning portal with step-by-step training on the software and related accounting processes.

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Offers partial or no support throughout the implementation process

ARCSys runs statistical analysis on your data and delivers financial documentation that supports each model recommendation with data-driven evidence.

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Does not answer accounting questions

ARCSys runs five CECL models in parallel, helping you choose the best methodology for each of your institution’s loan pools.

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Is generally limited to one or two models, utilizing third-party datasets

ARCSys generates forward-looking CECL forecasts within the system using economic trends and institution-specific assumptions.

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Uses third-party data to support your calculation

ARCSys answers your accounting questions through dedicated Implementation Team Accountants who guide you through the entire CECL process.

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Is generally limited to whitepaper documentation for training

ARCSys provides an annual statistical review to keep your CECL models updated, accurate, and defensible.

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Does not offer an annual review or an additional cost is incurred

ARCSys gives you access to advanced analytics through Business Intelligence tools at no extra cost, helping you monitor, interpret, and act on your data.

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Does not have business intelligence capabilities or charges additional fees for analytics

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The ACL Calculator Allows clients to perform a detailed allowance calculation effortlessly and provides various analyses, including risk mitigation for credit quality and static pool analysis by segment/class and origination period. ACL Calculator supports multiple models, so you can run comparative analyses through time.

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The best CECL analytics are built with

What does the ACL Calculator do?

  • Provided as software as a service (SaaS)
  • Provides dynamic loan-level credit analysis and loss provision calculations through a user-friendly workflow
  • Provides built-in statistical modeling and forecasting
  • Provides multiple modeling results for each loan pool using life cycle or reporting period datasets
  • Provides reasonable and supportable analysis through the software and by the ARCSys Statistical Team
  • Provides detailed historical and predictive analytics
  • Provides financial statement disclosures and modeling analysis
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