Choosing a CECL Methodology | Doable, Defensible, Choices Amid the Clutter

CECL advice is hitting financial practitioners from all sides. As an industry friend put it, “Now even my dentist has a CECL solution.” With many high-level commentaries on CECL methodologies in publication (including RiskSpan’s ), we introduce this specific framework to help practitioners eliminate ill-fitting methodologies until one remains per segment. We focus on the commercially… ShareTweetShare

Picking Your Next Coding Language

When starting a project, picking a new coding language can be challenging. Your choice can determine the implementation time, flexibility and portability of your new piece of code – whether it’s a desktop application, a small module, or a web application. In some situations, the choice can seem obvious – while in others, the merits… ShareTweetShare

coding language

CECL: DCF vs. Non-DCF Allowance — Myth and Reality

FASB’s CECL standard allows institutions to calculate their allowance for credit losses as either “the difference between the amortized cost basis and the present value of the expected cash flows” (ASC 326-20-30-4) or “expected credit losses of the amortized cost basis” (ASC 326-20-30-5). The first approach is commonly called the discounted cash flow or “DCF… ShareTweetShare

cecl dcf non-dcf

Data-as-a-Service – Credit Risk Transfer Data

Watch RiskSpan Managing Director Janet Jozwik explain our recent Credit Risk Transfer data (CRT) additions to the RS Edge Platform. Each dataset has been normalized to the same standard for simpler analysis in RS Edge, enabling users to compare GSE performance with just a few clicks. The data has also been enhanced to include helpful variables, such as mark-to-market loan-to-value… ShareTweetShare

Janet Jozwik Credit Risk Transfer Data