Unraveling the CECL Guidelines and a Practical Approach to Adoption webinar

MINNEAPOLIS, MN (November 2, 2016) — Considered as the “most sweeping change to bank accounting ever,” this webinar will feature expert analysis of the Financial Accounting Standards Board’s new Current Expected Credit Loss(CECL) impairment standard, which requires “life of loan” estimates of losses to be recorded for loans at origination, so you can ensure that your financial institution is prepared.

What Attendees Will Learn

  • Analysis of the key changes brought by CECL guidelines
  • What does the CECL rule mean to your financial institution and its potential impact on your balance sheet & income statement
  • Why data is the cornerstone of successful CECL implementation
  • Various methodologies and their respective data requirements
  • Changes in reporting & disclosures under CECL regime
  • Action plans and potential next steps for your financial institution


Tuesday, November 29 – 11:00am CST

To Register, click this link:


Peter Cherpack, CEO, Ardmore Fintellix

As CEO at Ardmore Fintellix Solutions, Peter Cherpack recommends and implements technology solutions to enhance banks’ lending and credit processes. A nationally recognized thought leader in best practices for stress testing and CECL for community banks, he has over 30 years of experience in banking, specializing in information technology, operations, business analysis, project management and stress testing, with 20 years previous experience at PNC Bank.

He has been featured in publications including the Journal of Risk Management, the RMA Journal, Bank Director, The American Banker, the Independent Community Banker, and Bank Safety & Soundness Advisor.

His recent speaking engagements include the Conference of State Bank Supervisors, the RMA Annual National Conference, the FFIEC Community Financial Institution Lending Forum and American Banker’s Bank Analytics Symposium.

Sunny Malhi, COO, Ardmore Fintellix

Sunny has over a decade of deep expertise in core transactional systems as well as risk & compliance management solutions, and has successfully built & launched comprehensive products for Basel II/III and Asset Quality Management.

He has extensive global experience as a business analyst and project manager in global financial practice of Tata Consultancy Services (TCS) as well as in Australia and New Zealand Bank (ANZ). Sunny is an engineer in Computer Science from Thapar University and earned an MBA in Finance & Strategy from Indian Institute of Management (IIM).

To Register, click this link:

About OnApproach

OnApproach is the only CUSO dedicated to credit union success through a collaborative analytics ecosystem. By providing a secure and frictionless data experience, OnApproach empowers credit unions to take full control of their own data and their own futures. We exist to serve the credit union movement with technology and expertise required for the digital transformation of the industry business model. OnApproach’s collaborative ecosystem enables communities of users, data scientists, and application developers focused on analytics innovation


Austin Wentzlaff
Vice President of Business Development
(888) 523-6121 Ext. 110

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