The new Current Expected Credit Loss (CECL) standard represents the largest changes to regulatory account standards in over 40 years. The journey from existing processes to CECL compliance can be a long road and is fraught with challenges.
EXL has been ahead of the curve, working with the top US banks to develop best-in-class solutions and methodologies to meet CECL challenges. We can assist financial institutions - big or small - prepare for CECL with end-to-end solutions, award-winning teams, knowledge and expertise.
EXL’s team of subject matter experts can help clients create the entire roadmap based on their need. Our team of trained analytics professionals can help in executing a plan, whether you’re a large bank or small to medium financial institution.
Our focus on analytics builds a deep understanding of the context in which you do business.
CECL for credit card issuers
CECL Considerations for Credit Cards