Let PayNet be your strategic advisor on CECL regulation.

PayNet delivers the data, analytics and expertise required to meet the challenges you will face in implementing the new CECL accounting standard. Over the coming months we will be posting regular updates, webinar recordings, whitepapers and other resources to keep everyone up to speed with CECL.

Got Expected Loss?

Expected Loss is a recognized best practice that facilitates active portfolio management and rationally objective risk based pricing. Lenders that manage accurate Expected Loss are consistently more profitable and carry better business valuation through the credit cycle. The requirements of CECL do not represent a minor evolution in your reserve process. For most lenders, CECL will require a whole new infrastructure of data and analysis. PayNet believes, properly implemented, Expected Loss will revolutionize your risk management practices.

Got Probability of Default?

Expected Loss requires empirically derived forecasts of the Probability of Default of each borrower in your portfolio. Who wouldn’t want the most accurate forecast for the default rate of a loan portfolio? The real question is how to create an accurate forecast with the limited loss experience available in your portfolio. PayNet delivers empirical data for your market footprint from the business cycles of the last decade. Furthermore, PayNet can provide you with the ultimate granularity of a distinct, quarterly calibrating, Probability of Default forecast for each borrower in your portfolio.

Got Loss Given Default?

Expected Loss requires informed estimates of Loss Given Default that recognize not only the nature of the facility but the capability and practice of the lender. Estimates of Loss Given Default will have to be calibrated to the economic cycle just like Probability of Default. Financial institutions will need access to data that can provide the depth needed to persuade auditors and regulators of the most probable outcomes. PayNet can help you build and maintain cycle-calibrated Loss Given Default using our database of over 23 million commercial loan histories.

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Get Instant access to:

CECL Overview Webinar

Featuring Brian Ranson author of Credit Risk Management and PayNet's Patrick Kuhn.
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CECL Challenges Part 1

Understanding the challenges presented by CECL.
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CECL Workbook

Patrick Kuhn demonstrates the PayNet CECL impact estimator workbook.
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Prepare for CECL

Read our whitepaper. Beware what's coming; it might be useful.
[ DOWNLOAD NOW ]

Get Probability of Default

Read our whitepaper. Key innovations of the PayNet AbsolutePD® Model
[ DOWNLOAD NOW ]