You can access several CECL setup pages
that allow you to adjust settings for the Current Expected Credit Losses (CECL)
module.
From Setup > CECL, you can access the following pages:
Category Assumptions
Credit Rating Codes
Model Selection
Economic Scenarios
Category Assumptions
You can set up and maintain two current expected credit loss (CECL) category assumptions, subcategories, and recovery rates on the Category Assumptions page.
Credit Rating Codes
You can enter the institution's low and high-risk rating codes on the Credit Rating Codes page.
Model Selection
You can assign a specific model to each loan category on the Model Selection page. The model is a specific current expected credit losses (CECL) calculation methodology.
Selecting the Primary Economic Scenario
You can specify which Primary Economic Scenario to send to Deep Future Analytics (DFA) for use in the analysis PDF report on the Economic Scenarios page.