Advanced CECL Model Now Standard (Free) with LQAS
Applied Micro Technology, Inc. is announcing that LQAS now includes our advanced Current Expected Credit Loss (CECL) Model as a standard (free) feature. Our CECL Model extends the dramatic time saving benefits banks already enjoy for comprehensive portfolio management, to simply and quickly address the new CECL government regulation now in effect across the banking industry. Our banking experts scoured the CECL specification to make sense of the new requirements. We developed an industry leading comprehensive advanced CECL Model, that leverages your local LQAS dataset. We’re excited to help banks achieve compliance without high priced consulting fees, additional products, or added complexity. As a result, Banking CIO Outlook has named us Solution Provider of the year in their lending systems issue. Read the full article.
15 Minute Internet Demonstration available. Once you have viewed the CECL portion of the system more comprehensive presentations to your group can be scheduled.
Chris Crawford – President
APPLIED MICRO TECHNOLOGY, INC.