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Abrigo ALLL

Abrigo ALLL
Formerly Sageworks ALLL

Overview

What is Abrigo ALLL?

Abrigo ALLL (formerly Sageworks ALLL) is a solution for loan allowance and lease loss calculation and is targeted for banks and credit unions. It is designed to help streamline the reserve calculation while providing a consistent analysis that is defensible…

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Product Details

What is Abrigo ALLL?

Abrigo ALLL (formerly Sageworks ALLL) is a solution for loan allowance and lease loss calculation and is targeted for banks and credit unions. It is designed to help streamline the reserve calculation while providing a consistent analysis that is defensible to auditors, examiners & the board.

According to the vendor, this solution enables users to do the following:

  • Spend 80% less time on the ALLL
  • Reduce manual errors & examiner criticism
  • Institutionalize the ALLL so it's not dependent on a single person or spreadsheet
  • Integrate with a full suite of solutions to manage the life of the loan
  • Leverage an award-winning support & implementation team


Abrigo ALLL Features

Additional Features

  • Supported: Calculates of bank & credit union's allowance for loan and lease losses (ALLL)
  • Supported: Supports multiple loss rate methodologies: historical loss, migration analysis, vintage analysis, PD/LGD
  • Supported: Systematizes and documents loss rate adjustements through qualitative factor adjustements
  • Supported: Documents indiviudal loan impairment analyses to comply with regulations
  • Supported: Maintains compliance with ASC 310-10 and ASC 450-20 regulations for banks and credit unions
  • Supported: Integrates with the institution's core system for data efficiency and real-time reporting

Abrigo ALLL Screenshots

Screenshot of Flexible model and segmentation to fit the bank's methodologyScreenshot of Comprehensive reporting for examiners, auditors

Abrigo ALLL Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesUSA
Supported LanguagesEnglish

Abrigo ALLL Downloadables

Abrigo ALLL Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)20%
Mid-Size Companies (51-500 employees)75%
Enterprises (more than 500 employees)5%
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