Sageworks: CECL - Vendor Due Diligence

Although many institutions have already discovered the value of a dedicated software platform to accomplish their current ALLL processes, nearly all institutions would agree that modernizing their approach has material benefits. As the leading ALLL provider, Sageworks’ solutions have been the subject in a host of due diligence exercises and much has been learned as a result.

In addition, Sageworks’ ALLL software is a CECL-ready solution. Through development and the execution of many reserve

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