Audience
Financial institutions in need of a financial management platform
About CECL FIT
CECL FIT is designed to help you comply with the new CECL accounting standard. Our web-based solution, CECL FIT, combined with our PCBB Advisors, will guide you through the steps to determine the appropriate methods for your loans and securities groups. CECL FIT, a robust, web-based solution, gives you a customizable executive dashboard to review your portfolio reserve, easily test your assumptions, and see instant results. Institutions with low or no loss history can get started quickly and see which works best for each unique loan or securities segment. Intuitive, executive dashboard to instantly see the impact of adjustments. Forward Look with reasonable and supportable forecasts. Flexible, web-based solution meets your unique needs as you grow
Instantly see the impact of adjustments in real-time, on a customizable, executive dashboard. Assess the impact of credit loss for loans, unfunded balances, and HTM securities.
Other Popular Alternatives & Related Software
Predict360 is an integrated risk and compliance management software platform for financial and insurance organizations. It integrates risk and compliance processes and industry best practices content into a single platform that streamlines regulatory compliance, improves efficiency, predicts risk, and provides best-in-class business intelligence reporting.
Predict360 includes the following Risk Management applications: Enterprise Risk Management (ERM), Risk Management and Assessments, Risk Insights, Issues Management, Peer Insights, Third-Party Risk Management, and Quarterly Certifications and Attestations. Compliance applications are: Compliance Management, Compliance Monitoring & Testing, Complaints Management, Regulatory Change Management, Regulatory Examination and Findings Management, Policy & Procedure Management, and more.
360factors also offers Lumify360 - a KPI and KRI predictive analytics platform that enriches data, predicts performance, and works alongside any GRC.
Learn more
Alviere Hive
Alviere’s embedded finance platform allows any organization to seamlessly integrate financial products and services into their existing offerings, and provide customers and partners with the most comprehensive embedded financial solution on the market.
Alviere’s platform offers an extensive range of customizable branded products and services that include FDIC-insured virtual accounts and physical card issuing, payments, digital global money transfers, and crypto/web3 products, all through one API integration.
Alviere is a fully licensed and regulated financial institution, and provides comprehensive compliance, risk management, fraud/AML montioring and security to ensure long-term program success.
Learn more
Help With My Loan
AI software yields automated underwriting and loan matching at a 95% proven funding rate. The problem in the industry is a low 55% average at funding loans due to the fragmented lending process. HWML solved this problem by giving brokers, banks and consumers access to the platform syndicated with 300+ lenders in Commercial Real Estate, Residential Real Estate, Business, and Personal loans. HWML’s platform has funded over $600M+, loans sized from $100k-$50M!
Consistently in America, banks are readjusting their inward loan portfolios. When they have excessively numerous private loans, they change to business loans, when they have an excessive number of business loans, they change to commercial loans, a never ending cycle. Customers never know which bank is the right one for the loan on any given day and that’s when HWML steps in.
Learn more
Plaid
Plaid is a global fintech infrastructure platform that enables businesses and consumers to securely connect to financial data and services. Through APIs that connect to more than 12,000 financial institutions across 20+ countries, Plaid operates the world’s largest open banking data network. By removing the complexity of direct bank integrations, Plaid enables developers, financial institutions, and enterprises to build secure, user-friendly, and conversion-optimized financial products. Plaid powers payments, lending, identity verification, fraud prevention, and personal finance applications. Today, more than 100 million people worldwide, including half of U.S. adults, have relied on Plaid through their connections to over 7,000 apps and services.
Learn more
Pricing
Starting Price:
$5,000 per year
Integrations
No integrations listed.
Company Information
PCBB
Founded: 1998
United States
www.pcbb.com/products/advisory-services/cecl
Videos and Screen Captures
Other Useful Business Software
Paessler - Monitor Your Whole Network in Minutes
Waiting weeks for a monitoring rollout isn't an option when infrastructure doesn't stop running. PRTG's auto-discovery scans your network and suggests from over 200 pre-configured sensor types, so you're watching servers, applications and devices within minutes, not after a multi-week deployment. Enterprise-strength monitoring, without the enterprise complexity. Start your free trial today.
Product Details
Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
Support
Phone Support
Online
CECL FIT Product Features
Banking
Risk Management
Supported
ATM Management
Not Supported
Compliance Tracking
Not Supported
Corporate Banking
Not Supported
Credit Card Management
Not Supported
Credit Union
Not Supported
Investment Banking
Not Supported
Multi-Branch
Not Supported
Online Banking
Not Supported
Private Banking
Not Supported
Retail Banking
Not Supported
Securities Management
Not Supported
Transaction Monitoring
Not Supported
Financial Management
Financial Reporting
Supported
Risk Management
Supported
Budgeting & Forecasting
Not Supported
Cash Management
Not Supported
Consolidation / Roll-Up
Not Supported
Currency Management
Not Supported
Investment Management
Not Supported
Project Management
Not Supported
Revenue Recognition
Not Supported
Tax Management
Not Supported
Financial Risk Management
Compliance Management
Supported
Credit Risk Management
Supported
Loan Portfolio Management
Supported
For Hedge Funds
Not Supported
Liquidity Analysis
Not Supported
Market Risk Management
Not Supported
Operational Risk Management
Not Supported
Portfolio Management
Not Supported
Portfolio Modeling
Not Supported
Risk Analytics Benchmarks
Not Supported
Stress Tests
Not Supported
Value At Risk Calculation
Not Supported
Financial Services
Risk Management
Supported
Analytics
Not Supported
Branch Optimization
Not Supported
Channel Management
Not Supported
Compliance Management
Not Supported
Customer Engagement
Not Supported
Performance Management
Not Supported
