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Your loan loss calculation without the workload

CU Clarity is a web-based platform that pulls historical call report data to calculate your CECL reserve. With just a few clicks, you can be CECL compliant with reports that satisfy auditor and examiner requirements.

 

 

The WARM Method

CU Clarity uses the Weighted Average Remaining Maturity (WARM) method for calculating CECL reserves. The methodology is easy to use thanks to its light data requirements and use of loan pools, and it's recommended by industry leaders like the NCUA.

The solution makes CECL easy: 

  • Annualized net loss rate pulled from call report data
  • Loans pooled by call report accounts
  • Management and  qualitative factor adjustment options
  • Industry calculated WARM values OR WARM calculator
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Historic Net Loss

The annualized loss rate for each loan is pulled from your call report data and pre-loaded into your account. It serves as the foundation of your CECL calculation. 

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WARM Value

The historical net loss is multiplied by the WARM value. This is the weighted average remaining maturity which estimates the average remaining life of each loan in the pool with consideration to loan prepayment speeds.

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Q-Factor Adjustments

Qualitative factors are management adjustments intended to capture current and future conditions that might impact losses. These are essential to your CECL forecast and are expected by most auditors.  

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Simple Set Up

The setup wizard walks you through the process of inputting your balances and updating your assumptions

 

Comprehensive Reports

Once you've run the model the solution generates clear reports that document your process, adjustments, and comments for your auditors and examiners. 

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Try it for 30 days

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