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.
EXLâ€™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 youâ€™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