Run CECL like a process, not a scramble.
Your reserve shouldn’t depend on spreadsheets, manual reconcilements, or guesswork at quarter close. Empyrean CECL replaces that with a structured, governed workflow you control end to end.
Trusted by more than 700 institutions
From data to decision. All on one platform.
Empyrean CECL is CECL software for banks and credit unions: an allowance for credit loss (ACL) platform that replaces spreadsheet-based CECL with one governed workflow you can run with confidence every quarter.
It’s natively integrated with Empyrean ALM on Empyrean Dataverse, the single, unified platform connecting Empyrean’s applications.
It runs the full quarterly process and captures every assumption as you make it, so you always know how this quarter’s number was built.
Methodology library.
Loss-rate, WARM, Roll-Rate, PD/LGD, and DCF, so a complex CRE pool isn’t reserved with the same method as a small consumer book.
Pool-level assumption control.
Change an assumption once and it updates across every model, so no pool is left running on an outdated number.
Scenario & R&S management.
Economic scenarios and multi-path reasonable-and-supportable forecasts in one place, so you can see how each path moves the reserve before you commit to it.
Q-factor framework.
Capture the rationale for every qualitative adjustment as you make it.
Central Repository.
Loan growth, deposit assumptions, and rate environment inputs.
Full traceability.
The glass box: trace any number back to its inputs in a click.
Same reserve. Three very different ways to get there.
Two of them work until the person who understands them leaves, or the portfolio outgrows them.
Your CECL reserve and your ALM model. Built on the same assumptions.
Empyrean CECL is natively integrated with Empyrean ALM on Empyrean Dataverse, so the loan prepayment forecasts and economic assumptions behind your allowance are the same ones driving your ALM model. The numbers can’t drift apart.
No separate data feed, no re-keying reserves into the budget by hand, and no quarter spent reconciling two different views of the same portfolio. One set of numbers, shared across finance.
A reserve process that works for a $1.5B institution does not always scale.
CECL looks different at a $1.5B community bank where the CFO runs the close personally than it does at a $20B regional with multiple loan segments and a model-risk function. So does the way Empyrean solves it.
Finally. Professional CECL, without the quant team.
You own CECL personally, and every quarter means rebuilding the spreadsheet and hoping the number still makes sense. Empyrean replaces that with a structured workflow you run the same way every quarter, so the number reflects your portfolio, not whatever survived the rebuild.
Graduate from the CECL spreadsheet.
Excel can produce an estimate. It can’t tell you whether that estimate reflects what’s actually happening in your portfolio, and the gap widens as the institution grows.
- No workflow. The quarterly close starts over from scratch every time.
- No version control. One overwritten formula can compromise the quarter.
- No record of your reasoning. When you need to explain how you got a number, you’re reconstructing it from memory.
Standalone tools clean up the math but leave the assumptions siloed from your ALM and budget. Either way, you’re left with a process only one or two people understand, one departure away from a real problem.
Close the quarter without the scramble.
Empyrean turns the quarterly close into something you run the same way every quarter, so you always know the reserve reflects your portfolio.
- Know what moved the reserve. Configure the methodology once and apply it the same way each quarter, so swings trace to the portfolio, not to how the model was run.
- Build the record as you work. Every assumption and Q-factor is captured as you go, so nothing has to be reconstructed later.
- Keep the knowledge in-house. The methodology and assumptions live in the platform, not in a spreadsheet only one person can explain. The next hire picks up the process instead of reverse-engineering a file.
- Run it with the team you have. Sophisticated enough for a complex portfolio, simple enough for a two-person finance team to own every quarter.
Built for the team you actually have.
Run CECL yourself, without a data-science team or outside consultants.
Start simple, grow over time.
No black box.
Scales with you.
One set of numbers your board, your model-risk function, and your examiners can all trust.
CECL spans CRE, C&I, and Consumer, each needing its own approach. When each one runs in a different tool, each produces a slightly different answer.
Empyrean replaces the patchwork with one platform, where every segment’s model runs under the same central repository. The consolidated allowance rests on a single, versioned set of assumptions, and the CFO and CRO can explain exactly what’s driving it.
Right-size the model for every portfolio.
One reserve answer, not five.
Close every segment in one cycle.
Know what’s behind every Q-factor.
Explain every reserve swing.
Stop re-keying between systems.
Stronger connected. Complete on its own.
On Empyrean ALM: CECL and ALM are natively integrated on Empyrean Dataverse, sharing one engine and one balance sheet, so credit risk and interest-rate risk never tell the board different stories.
On its own: Even standalone, you get a workflow governed enough to survive model validation, PD/LGD depth for a complex portfolio, and an assumption trail you can walk an examiner through end to end. The integration is the multiplier, not the requirement.
The model that cleared last year’s exam won’t clear the next one at twice the size.
Sized for where you’re going, not just where you are.
The model that worked at $5B strains as you grow, and a key-person departure becomes a real risk. Empyrean CECL scales across the thresholds that define this segment, adding depth as requirements grow, with no rip-and-replace at $25B.
