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Abrigo Allowance
Abrigo's Allowance software streamlines the calculation of the Allowance for Credit Losses (ACL) under the Current Expected Credit Loss (CECL) standard. Trusted by over 1,200 financial institutions, it offers flexibility to support both simple and complex portfolios through configurable, no-code implementations. The software provides a range of methodologies, including discounted cash flow and probability of default/loss given default models, enabling institutions to maintain compliance as market practices evolve. Integrated data archiving and robust reporting features enhance efficiency and support strategic decision-making, while award-winning support and advisory services ensure a smooth implementation and ongoing compliance.
Abrigo Allowance Introduction
What is Abrigo Allowance?
Abrigo Allowance is an portfolio risk solution used by banks and credit unions to estimate allowance for credit losses (ACL) and CECL. The easy to use software allows institutions to access their portfolio data and run multiple scenarios to see the potential impact on the reserve and earnings, while also providing transparent documentation to defend the Allowance to auditors, examiners, and directors.
How to use Abrigo Allowance?
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Why Choose Abrigo Allowance?
Choose Abrigo Allowance if you’re in banking or credit unions and need a flexible, no-code tool to handle credit loss allowances under CECL. It’s trusted by many and helps you stay compliant while making complex calculations easier.
Abrigo Allowance Features
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Abrigo Allowance Tags
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