Transitioning your ALLL to CECL

WITH CONFIDENCE

We’re here to help with a software platform and years of industry leadership to support a smooth and efficient transition to the CECL-compliant model best suited to your financial institution and loan portfolio.

Let MST, the pioneer and leader in reserve automation, guide your Bank or Credit Union through the Seven Steps to implementing CECL with the Loan Loss Analyzer software platform.

Seven Steps to a CECL-Compliant Model

ALLL
Automation

CECL
Modeling

Develop
Reports

Document
Process

Assess Impact
on ICFR

Capital
Planning

Audit & Regulatory Approval

Are you on track for CECL?

Create a custom CECL transition timeline for your financial institution.

The Solution: MST

77%

TIME

On average, financial institutions spend 77% less time on their allowance calculations with the MST Loan Loss Analyzer platform.

65%

ADOPTION

65% of institutions using Excel to calculate their ALLLs will adopt a software solution for CECL.

300+

COVERAGE

Over 300 Banks and Credit Unions from across the U.S. trust MST for ALLL solutions.

LOAN LOSS ANALYZER

Our software solution provides your financial institution a reliable, repeatable process for determining your ALLL and satisfying regulatory requirements while eliminating the demands and concerns associated with manual processes. And sets you up for an easy transition to CECL.

MST Advisory Services

MST’s Advisory Services offers access to an unparalleled group of industry-leading allowance experts, dedicated to supporting financial institutions in both complying with current U.S. GAAP standards, as well as preparing for the move to the new Current Expected Credit Loss (CECL) standard.

THE VIRTUAL ECONOMIST

MST’s Virtual Economist provides access to the latest economic data to easily find out what indicators matter to your institution. This powerful tool allows you to see trends in your loan portfolio and satisfy the economic forecasting, forward-looking requirement of CECL.

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"We often say around here that MST Loan Loss Analyzer changed our lives. Before our reserve process was very manual and stressful and involved lots of going back and forth between several departments. It would take us two days each month-end to complete the calculation and we would spend several other days compiling disclosure reports. After implementation of the Loan Loss Analyzer, the whole process runs like a well-oiled machine."

Amanda Taylor

"Very simply- we have not had a single criticism of our ALLL methodology, process, or adequacy by regulators or auditors since the implementation of the Loan Loss Analyzer software platform."

Joseph Polaczyk

"We would rate MST follow-up and support as 'excellent.' Both the implementation team and the long-term support team have been very responsive to our requirements and requests."

Glenn Murakami

“We were looking for a solution to build efficiencies and improve accuracy. MST was able to meet those needs with the Loan Loss Analyzer platform. MST has proven to be a very collaborative partner with impeccable service. They have a full understanding of GAAP and regulatory requirements and can discuss our issues as well as explain the solutions in a way that is clear and easy to interpret.”

Robin Gray

Is the MST Loan Loss Analyzer

RIGHT FOR YOUR FINANCIAL INSTITUTION?

MST Academy

The MST Academy provides access to articles, webinars, blogs, conference presentations and other educational materials developed by MST in fulfillment of our commitment to be the primary educational resource for financial professionals on the allowance for loan and lease losses, including CECL and the challenges involved in transitioning to the new accounting standard.

Results from 2017 CECL Survey- Find out what your peers are saying about CECL.

WHITEPAPER

Seven Steps to CECL Compliance 2.0
Updated whitepaper with preliminary steps to prepare for CECL. Download the whitepaper.

WHITEPAPER

Workshops & Webinars

EVENTS

How will the typical ALLL disclosures change under CECL? This whitepaper includes sample wording and tables.

WHITEPAPER