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Lending & Credit Risk

Sageworks ALLL: improving ALLL efficiency

Sageworks
January 9, 2013
Read Time: 0 min

Sageworks recently polled financial institutions that use Sageworks ALLL, our allowance for loan and lease losses solution, for their reserve calculation. From the survey, we received some positive news about how this solution is helping banks and credit unions reduce the time required for the ALLL estimation while also reducing manual errors and the likelihood of examiner criticism. 

Check out the Sageworks ALLL demo and learn how easy it is to streamline reserve estimation: ALLL Methodology Solution

Sageworks ALLL, automated allowance calculation

About the Author

Sageworks

Raleigh, N.C.-based Sageworks, a leading provider of lending, credit risk, and portfolio risk software that enables banks and credit unions to efficiently grow and improve the borrower experience, was founded in 1998. Using its platform, Sageworks analyzed over 11.5 million loans, aggregated the corresponding loan data, and created the largest

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About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

Make Big Things Happen.