Moody’s Analytics, a leading provider of financial intelligence, announced today that Ent Credit Union has selected the Moody’s Analytics Current Expected Credit Loss (CECL) solution to implement the CECL accounting standard. The centerpiece of the Moody’s Analytics CECL solution is the ImpairmentStudio™ platform, which lets financial institutions automate allowance calculation, analysis, reporting, and workflow. Ent Credit Union will use the Moody’s Analytics CECL solution to determine the ideal approach for each loan segmentation, by switching between different methodologies.

source https://finance.yahoo.com/news/ent-credit-union-selects-moody-130000778.html?.tsrc=rss