Sageworks announces CECL panel and new sessions for 2015 Risk Management Summit
Preparing for final guidance to be a key focus of Summit
RALEIGH, NC (August 12, 2015) — With increased attention around the possible release of the Financial Accounting Standards Board’s (FASB) final guidance on the Current Expected Credit Loss (CECL) model in recent months, Sageworks today announced that the topic would be highlighted at the 2015 Risk Management Summit, set for September 23-25th. At the upcoming industry event, Sageworks, the financial information company that provides credit risk management solutions to financial institutions, will host a CECL panel discussion. Scheduled for Thursday, Sept. 24, the panel entitled “The Latest on the FASB’s CECL Model and How to Prepare,” will feature experts from CliftonLarsonAllen, KPMG, Grant Thornton and Sageworks, discussing what the guidance may mean for the allowance for loans and lease losses (ALLL). Additional breakout sessions on the topic, along with peer roundtables, will also be available to bank and credit union executives throughout the three-day conference. For more information or to register for the 2015 Risk Management Summit, please visit Sageworks.com/Summit.
The premier risk management conference for bank and credit union executives, the Summit offers attendees an opportunity to learn from industry professionals and their peers in downtown Chicago. In addition to the CECL panel, other key ALLL and risk management topics include:
- “Credit Risk Management’s Role in Measuring Expected Credit Losses” presented by Graham Dyer of Grant Thornton
- “Justifying Qualitative Factors: Key Data and Drivers” presented by Tim McPeak of Sageworks
- “TDRs: Current Developments and Future Implications” presented by Todd Sprang of CliftonLarsonAllen
- and “De-Risking: Recent Trends and Future Implications” presented by Rich Melville of American Banker
Additional sessions will cover stress testing, acquisition accounting, examinations and more. A detailed agenda for the conference can be found here.
The 2015 Risk Management Summit will be held September 23-25, 2015 at the DoubleTree Chicago Magnificent Mile. Financial institution professionals are encouraged to register for the conference now, as hotel space at the discounted price for the conference is limited. To register or for additional details visit the registration page.
For more information about the 2015 Risk Management Summit presented by Sageworks, visit Sageworks.com/Summit or email email@example.com.
Sageworks offers banks and credit unions lending, credit risk and portfolio risk software to efficiently grow and improve the borrower experience. By automating the life of the loan with Sageworks, bankers book commercial loans faster and reduce risk. Sageworks uniquely provides integrated solutions and industry expertise to more than 1,400 financial institutions that achieve an average 38% higher loan growth than peers. Visit www.sageworks.com to learn more.