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News Stories (3 Results) - CECL

SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, released a study revealing a marked decline in banks’ confidence in their ability to address the Current Expected Credit Loss (CECL)... Read Story
October 11, 2017, 07:13 AM


SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, released a study that reveals a disconnect among the banking sector’s readiness for Current Expected Credit Loss (CECL). According to... Read Story
October 06, 2016, 07:12 AM


The FASB's new standard on accounting for credit losses on financial instruments will affect US banks' reserving practices, says Fitch Ratings. However, it will be manageable as banks have adequate time to prepare for implementation.The new standard... Read Story
July 21, 2016, 07:38 AM