Loan Participations, CECL, Stress Testing, Loan Modeling for Banks and Credit Unions

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Webinar Summary: Comparing CECL to FAS5 Results

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Credit Unions can expect at least a 22% increase and Community Banks a 59% decrease in reserves as a result of CECL?

Deep Future Analytics (DFA) and Prescient Models (PM) recently conducted a joint study across 103 CECL clients to determine how much their loss reserves could change if CECL were adopted …

In Regards to Proposed Rule 10-17-19 Interagency Policy Statement on Allowances for Credit Losses

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The proposed rule provides helpful comments on how the new Current Expected Credit Loss (CECL) standard should be managed, validated, and monitored. One seemingly simple statement, however, has significant implications.

In the sections “Analyzing and Validating the Overall Measurement of ACLs”, “Responsibilities …

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FOR IMMEDIATE RELEASE: Minnesota Credit Union Network and Deep Future Analytics Announce Partnership

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St. Paul, MN (January 11, 2020) – Minnesota Credit Union Network (MnCUN) and Deep Future Analytics (DFA) announced their partnership today. MnCUN will make available DFA’s Prescient Manager™ software to its membership. Prescient Manager™ is an easy-to-use, web-based credit risk forecasting and stress testing …

Increasing Risk of a W-Recession

Creating economic scenarios through the COVID-19 crisis continues to be a challenge. In the last week we had new economic data reporting on conditions three weeks ago heralding the creation of 4.8 million new jobs. At the same time, reports of skyrocketing coronavirus cases are causing businesses to re-close …