CECL Survey 2018 (Public Version)

Description:

Accenture, Global Credit Data (GCD), and the Institute of International Finance (IIF) partnered to conduct this survey to provide insights into the challenges faced by the banks across data management, model development and technology/implementation. We identified emerging trends as lenders move towards CECL compliance. Twenty-six banks participated in the survey representing over three quarters of the U.S. lending market.

This paper outlines the survey results across all participating banks and provides insight into readiness, modeling, and implementation choices of financial services institutions on CECL.