No one else carries nearly as large a shared data pool AND as varied a level of economic scenarios as we do.
Our solution was designed to pay for itself… many times over! Watchlists for collections, payoffs, and LOC opportunities are just a few of the action tools.
Our focus has always been on Accuracy and Application of results. Therefore, while your software training may take a little longer, the great amount of flexibility you gain will far outweigh the longer learning curve.
EASE OF USE
USES BEYOND CECL
The Deep Future Analytics software was designed to accommodate ALL of your loan modeling needs. It was developed well before any CECL rules were even discussed. And while it is fully CECL compliant, the application of the tool will improve your loan operations in any number of ways, including:
✓ CECL / Risk Forecast
✓ Price Optimization
✓ Priority Ranking of Collections Loans
✓ Valuation of New Loans
✓ Economic Scenario Driven Stress Tests
Best In Class Accuracy
When it comes to accuracy, you need a model designed by Researchers, not programmers. You also need relevant history, which most of us do not have nearly enough of.
Deep Future's software was designed by an industry leading credit risk research team of 9 Phd's who have written countless books and publications on Loan Modeling. We are the Vanguard in loan modeling in the US and across the globe and had even invented Vintage Modeling which FASB openly stated is the overall best CECL methodology.
We work with numerous financial institutions and have accumulated a 30+ Million Account data pool to assist you with your forecasts when your data doesn't allow for statistically sound sample sizes.
Having the ability to Segment your data is vital in performing a solid Analysis. We make it very simple for the end user to pick and choose products, periods, methodologies and more.
We start with your loan account level data and work our way up. As you examine all the individual pieces you can best understand the drivers of past performance and build a better future.
Multiple CECL Choices
Using our shared data pool along with your account level data, you'll be able to take advantage of the most advanced vintage modeling tool that exists. The end result is an accurate and reliable ALLL estimation that you can trust when budgeting, pricing, and more.
However, we understand you may still want to compare your results to other methodologies and we therefore offer a number of different methodologies for you to experiment with.
Economic Stress Scenarios
All models must be validated before being deployed. Test your performance through good times and bad. Determine how well your institution will fair, given the next recession.
Use the Deep Future software to stress test your portfolio against previous economic measures, various pricing scenarios, and numerous other variables you wish to ask.
Stress Tests are Scenario driven, and deliver all of the loan level and portfolio outputs given extreme economic scenarios.
Deep Future's first loan modeling software tool was built well before CECL was first mentioned. The purpose for the models then, and all through to today is to improve earnings while reducing risk.