See what banks around the country are saying about CECLcomp by Banker’s Caddy.
We were struggling to find a CECL solution that would work for our loan portfolio until Banker’s Caddy provided us with a demo showing us how, with just a simple upload of our loan file, our CECL calculation could be performed using historical and peer information in a matter of hours! Now all we have to do is provide the qualitative factors and specific allocations and the calculation is complete! Add to that the Market Analytics reports with performance analysis, statistics, and graphs comparing us to peers and top performers and our Board looks forward to receiving the results each quarter. With the support provided by the Briden team, I have confidence our regulators will be pleased with our CECL calculation and our understanding of how we get there.
The Bankers Caddy solution for CECL is simple! Before we saw a demo for Banker’s Caddy I had participated in demos from a hand full of other companies, and all of them were going to take a lot of work from us to get the solutions set up and working. Banker’s Caddy took all of the confusion out of it and has been the perfect solution for our bank!
Bankers Caddy has been very easy to work with and very helpful in all aspects of the company. They are quick to respond with any questions we may have. Data provided to us is very helpful and allows us to measure key metrics in a more efficient way than we would be able to internally.
The model is user friendly. It was a very simple set up and has met expectations. Provides us with estimates and explanations needed. Other products seemed much more complex and cost much more.
Our initial impressions after working with the Bankers Caddy CECL platform? A great program that we feel checks all the boxes on our regulators’ list of requirements. Simple and straight-forward, and allows us the flexibility to customize the program for our bank’s unique portfolio characteristics and our local economy.
Pleasantly surprised with the ease of implementation. Exporting data from our core provider to Banker’s Caddy was a non-issue. Working with the staff at Banker’s Caddy has been one-on-one allowing for ease of set up and implementation. Cost— of all the solutions reviewed, Banker’s Caddy provided what is required at a fair cost.