The time is now for CECL 2023 (Infographic)

The Time is NOW for CECL 2023The Time is NOW for CECL 2023

Current Expected Credit Loss (CECL) is the biggest change in loss reserve accounting in a generation. The changes are far from just a ‘compliance exercise’. Community institutions are challenged to meet the new CECL standards with limited resources for consultants and implementation help.

Finastra is dedicated to providing community lenders with the right solution.