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Are you ready for CECL?

The regulators recommend developing a Current Expected Credit Loss (CECL) compliance plan immediately to meet the new FASB standard. But why spend money and time on a system that doesn't meet your requirements?

Fed Reporter offers two affordable solutions to cover your CECL reporting needs. SmartCECL-Complete® is our customizable ACL management solution, which is scalable to fit the size and structure of your institution and with your currently available data. SmartCECL-CR® is available for institutions with simpler loan portfolios and utilizes completed FFIEC Call Report data. Both options offer a CECL process that is easy to implement, easy to use, and easy to explain.

Act now to explore which option best fits your institution’s CECL compliance strategy and get ahead of the implementation timeline provided by the agencies.

Why choose FedReporter?


EXPERTISE

Our team pioneered the regulatory reporting industry with the introduction of the first Call Report software. Now, with the acquisition of the Regulatory Filing Group from Jack Henry & Associates, Inc., we have the largest staff in the industry. Averaging over 10 years of experience in every department, we are unmatched in the level of service we can provide to our clients.

VALUE

We believe that offering cost-effective products that never compromise on quality is the key to maintaining long-term relationships with our clients. Having applied that philosophy since our inception, Fed Reporter is now the preferred provider for over 3,200 banks - more than half the commercial banks in the United States – as well as credit unions and holding companies.

Innovation

Simply stated, our applications are the most technologically advanced and feature-rich in the industry. As an independent company with a single goal - to produce superior solutions for the "banking" industry - we can dedicate more resources to research, development, and design. Let us show you how we can simplify regulatory reporting for you.

Strategic Partnerships