CECL

The Current Expected Credit Loss (CECL) module allows you to view the CECL Summary grids and apply Qualitative Factor Coefficient (Q Factor) Adjustments to your accounts so that you can weigh them.

Selecting the CECL module or opening the application when CECL is the only licensed module opens the Validation tab on the CECL Summary page.

Tip: For an overview of the Financial Performance Suite (FPS) CECL functionality, review the FPS CECL Training Guide.
  • CECL Summary
    The Current Expected Credit Loss (CECL) Summary page allows you to view the file data that is imported into the CECL database.
  • CECL Categories
    The Current Expected Credit Loss (CECL) Categories page allows you to drill down to the loan categories included in the CECL data.
  • CECL Details
    The Current Expected Credit Loss (CECL) Details page provides the instrument-level detail for a selected loan type associated with a single category.
  • CECL Exceptions Summary
    The Current Expected Credit Loss (CECL) Exceptions Summary page allows you to view exceptions for each month.
  • CECL Exceptions Detail
    The Current Expected Credit Loss (CECL) Exceptions Detail page lists the rejected records due to the indicated problems.
  • CECL Validation Reports
    A Current Expected Credit Loss (CECL) Data and Validation Report is accessible on the CECL Summary page for months with a Status of Complete or Passed.
  • CECL Analysis and Reporting
    The Financial Performance Suite (FPS) Current Expected Credit Loss (CECL) Analysis and Reporting solution provides the CECL results from Deep Future Analytics (DFA).
  • CECL Subcategories
    Current Expected Credit Loss (CECL) subcategories make it possible to group, drill down into, and examine subsets of a category's data on both the CECL Validation and Analysis pages.
  • Requesting CECL Loan or Investment Level Documentation
    Use this information to request Current Expected Credit Loss (CECL) Loan Level Documentation or Investment Level Documentation reports at the instrument level.
  • CECL Economic Scenarios
    Each February, the Federal Reserve Board (FRB) releases the Dodd-Frank Act Stress Testing (DFAST) scenarios for the Current Expected Credit Loss (CECL) model.
  • Q Factor Adjustments
    Q Factors are qualitative factor coefficients that you can apply to all your accounts in a group so that you can weigh them.
  • CECL Exception Descriptions
    If Current Expected Credit Loss (CECL) exceptions are detected after data is returned from Deep Future Analytics (DFA), then the exceptions are shown on the CECL Exceptions Summary page.
Parent topic: Financial Performance Suite
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