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May 3, 2022

MBA Tech Solutions Conference: Benefits of Automating Low-Value Tasks

The global pandemic brought drastic change to many industries—including commercial real estate and Finance (CREF). In particular, CREF investors like you have had to rapidly reimagine a new future, taking into account unexpected—and still emerging—challenges that COVID-19 has brought.

Mar 11, 2022

An MBA CREF Recap: Headwinds and Tailwinds in Commercial Real Estate

New ways of using commercial real estate are emerging rapidly—from retail to office space, housing to industrial. Familiar categories such as these are changing to meet new needs and preferences as the industry adjusts to a new normal. For example, as more offices switch to hybrid models that include work-from-home and in-person set-ups, flexible mixed-use office space will be essential for future success. Many of these changes create a nice tailwind for investors—opportunities to increase revenue.

Sep 24, 2021

Improved transparency in commercial lending: Wish granted

Transparency is not a recent addition to the commercial lending stakeholder’s wish list. Since the global financial crisis of 2008, transparency has become an even more urgent, yet seemingly unachievable need.

Sep 21, 2021

Five steps to success through intelligent automation

The new SS&C Intelligent Automation Maturity Model provides a roadmap to companies to fully leverage emerging technologies and to establish the organizational structures to support continual innovation and evolution. The model is built on top of our experience of more than 30 years of providing technology and consulting services to hundreds of customers with a particular emphasis on those in complex, regulated industries, such as financial services, insurance and healthcare.

Sep 20, 2021

Transform your finance organization with a modern loan subledger

Modern technology solutions and finance transformation are intertwined when building a flexible finance organization. If an organization limits itself to only modernizing current capabilities, it will fall short of driving the effectiveness and efficiency required to compete in a demanding market.

Sep 16, 2021

Stay ahead of industry changes with SS&C EVOLV

The only constant is change, and those that are prepared for it are the ones that will be successful. In finance, that change may take the form of regulatory, accounting, technology or security requirements. As part of our ongoing effort to help our clients evolve to meet these inevitable changes, our product strategy has been centered around investing in the enhancements that will ensure our clients stay a step ahead.

Aug 13, 2021

What makes a good allowance estimate under CECL – Banks

With 2023 fast approaching and only six quarters remaining until the much-awaited CECL adoption date, smaller SEC filers and non-public banks are finding the standard’s conceptual nature a scary prospect. And given the unprecedented conditions banks are facing, it is crucial to define an allowance process that stands up to scrutiny and allows management to gain comfort over the allowance estimate. 

Aug 5, 2021

Qualitative adjustments under CECL – what are they?

As 2023 filers look towards CECL adoption, two questions that continue to come up are

  • “What type of qualitative adjustments will be required?”
  • “What type of support will be needed to justify these adjustments?” 

Generally, these questions arise from filers’ previous experience with ASC 450 where many banks and other financial institutions relied heavily on qualitative adjustments as a key component of their reserve numbers. Filers must also consider the added complexity of CECL and the greater audit and regulatory scrutiny that qualitative adjustments have historically received. In this blog we will explore these two questions.  

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