Case Study: $5B Community Bank achieves streamlined CECL compliance and greater transparency with SS&C Technologies' EVOLVEA

$5B Community bank takes a holistic approach to CECL with EVOLVᴱᴬ

Community Bank, a $5B community bank, needed to implement ASC 326 (CECL) across its loan portfolio while maintaining full data lineage, transparent calculations, and the ability to run multiple forward-looking macroeconomic scenarios — including defensible COVID-era adjustments. To meet these challenges the bank engaged SS&C Technologies (SS&C Primatics) and its EVOLVEA CECL solution to deliver a purpose-built reserving platform and expert consultative support.

SS&C Technologies implemented EVOLVEA to centralize secure data import and validation, host embedded macroeconomic models and alternative forecasts, automate model execution and qualitative adjustments, and provide loan-level calculations, audit trails and push‑button disclosures. The result for Community Bank was an auditable, end-to-end CECL reserving process with automated reporting and controls, reduced manual effort, improved transparency for regulators and auditors, and faster, more granular business intelligence to support defensible reserve decisions.

Community Bank