Ceclnow
CECL Now is a SaaS platform that delivers Current Expected Credit Loss compliance tooling for community banks and credit unions, combining predictive forecasting models, a pooled benchmark data program, and a crowd-based economic forecasting methodology.
- Company typePrivate
- Founded-
- HeadquartersLanghorne, United States
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Ceclnow does
CECL Now is a SaaS platform that delivers Current Expected Credit Loss (CECL) compliance tooling for community banks and credit unions. The product provides CECL forecasting models covering lifetime loss curves, individual risk assessment, and blended approaches, along with a crowd-based economic forecasting methodology that aggregates forward-looking inputs from participating institutions. A CECL+ Pooled Data Program aggregates anonymized loss data across lenders and powers a Performance Benchmarking module that lets institutions compare their outputs against peer cohorts, creating a data-flywheel effect as participation grows. The platform is hosted on AWS and positioned as a purpose-built alternative to enterprise CECL suites that are typically priced and scaled for larger banks.
The company is founder-owned and led by Jeff Fread, based in Langhorne, PA, and operates with a small core team supplemented by senior advisors. It is actively in a proof-of-concept recruiting phase targeting roughly 20 institutions, indicating an early commercial stage rather than a scaled customer base. Distribution is primarily direct, aimed at the community-bank and credit-union segment that was forced into CECL compliance by accounting standards effective in 2023, and underserved by generalist credit-risk vendors.
Revenue mechanics are consistent with small-ticket B2B SaaS: annual subscriptions with quote-based pricing and likely an implementation or model-validation services layer around initial deployment. The company has established a research partnership with the Wharton Customer Analytics Initiative, lending academic validation to its CECL methodology and providing access to research talent and channels. The combination of regulatory specialization, pooled benchmark data, and academic validation supports a defensible position in a narrow but defined compliance niche, though the company's current scale is small.
Ceclnow firmographics
Firmographics- Name
- Ceclnow
- Legal name
- CECL Now
- Website
- https://www.ceclnow.com
- Company type
- Private
- Operating status
- Operating
- Short description
- CECL Now is a SaaS platform that delivers Current Expected Credit Loss compliance tooling for community banks and credit unions, combining predictive forecasting models, a pooled benchmark data program, and a crowd-based economic forecasting methodology.
- Ownership category
- akta.pro rank
Ceclnow industry classification
Industry- Product category
- Financial Compliance Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI)
Keywords
Where Ceclnow is headquartered
LocationHeadquarters
- HQ city
- Langhorne
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ceclnow business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- CECL Compliance Services: Professional services revenue model providing CECL reserve analysis, data structuring, modeling, documentation, and reporting to help financial institutions comply with FASB CECL requirements. Services include data collection and structuring, CECL forecast development, and full documentation for regulatory compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing for financial institutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Ceclnow product offering
Product offeringCore offering
CECL Now provides a cloud-hosted SaaS platform that helps community banks and credit unions comply with the CECL (Current Expected Credit Loss) accounting standard. The offering covers the full end-to-end workflow including data cleansing and structuring, CECL loss forecast modeling, economic forecasting, performance benchmarking, and regulatory documentation. It also provides broader data analytics such as profitability analysis, cross-sell, retention, and risk segmentation that leverage the same data pipeline.
Product overview
CECL*Now* is a unified SaaS platform designed for community banks and credit unions to achieve CECL compliance and leverage their data for business analytics. The core product is the CECL*Now* Platform, which provides an end-to-end workflow from data collection through CECL forecasting and documentation. Supporting modules include Performance Benchmarking (peer comparison at segment level), the Presentation/Drill Down Tool (interactive data analysis), Economic Forecasting (crowd-sourced methodology), CECL+ (pooled data program for smaller lenders), Data Collection and Structuring services, CECL Modeling (lifetime, individual risk, and combination approaches), and CECL Documentation tools. The platform is cloud-hosted on AWS infrastructure and emphasizes low-cost implementation through standardized processes.
Differentiator
Problem solved
Functional benefit
Products and services
- CECL*Now* Platform Cloud-hosted SaaS platform that helps community banks and credit unions comply with CECL accounting standards while leveraging their data for analytics and business insights. Covers data collection, structuring, CECL forecasting, documentation, and reporting as a unified workflow.
- CECL+ (Pooled Data Program) Pooled data program that combines depersonalized loan performance data from multiple participating lenders to produce more robust and stable CECL loss forecast models. Especially valuable for smaller institutions with limited portfolio segments.
- Performance Benchmarking Compares a financial institution's portfolio performance metrics (delinquency, loss rates, approval rates, vintage analysis) against pooled peer data at the segment level to identify areas of opportunity and risk.
- Economic Forecasting Applies a wisdom-of-crowds methodology to develop economic forecasts that adjust historical loss rates for CECL reserve calculations, incorporating unemployment, consumer confidence, and regional economic conditions.
- CECL Modeling Develops life-of-loan loss forecasts using multiple approaches including lifetime cumulative loss curves, individual risk assessment models, and combination methods, with model validation against holdout data.
- Data Collection and Structuring Service to help financial institutions identify, gather, and organize loan performance and application data into structured formats required for CECL analysis, including vintage tracking and segmentation.
- CECL Documentation and Communication Generates standard and custom reports for accountants, committees, auditors, regulators, line managers, and boards to document CECL estimates and support regulatory compliance and internal governance.
- Presentation / Drill Down Tool Interactive analytics tool that lets users slice and dice portfolio performance data by multiple dimensions (risk level, product type, channel, vintage, demographics) to identify pockets of risk and opportunity.
Companies that use Ceclnow
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Ceclnow technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ceclnow partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- AWS (Amazon Web Services)coreCloud storage and processing partner providing infrastructure for CECL Now's platform. Low capital investment required for clients due to AWS purchasing power and smart technology management.
- Wharton Customer Analytics InitiativeminorAcademic partner providing data modeling and analytics expertise to support CECL forecasting approaches and research.
- Drexel UniversityminorAcademic partnership for finance and accounting expertise, including internship programs with Drexel and Northeastern universities.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Ceclnow competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ceclnow social profiles
Digital presenceCeclnow financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ceclnow leadership team
Management profileNumber of profiles
Profiles6 records
Ceclnow funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ceclnow M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ceclnow
What does Ceclnow do?
CECL Now provides a cloud-hosted SaaS platform that helps community banks and credit unions comply with the CECL (Current Expected Credit Loss) accounting standard. The offering covers the full end-to-end workflow including data cleansing and structuring, CECL loss forecast modeling, economic forecasting, performance benchmarking, and regulatory documentation. It also provides broader data analytics such as profitability analysis, cross-sell, retention, and risk segmentation that leverage the same data pipeline.
Is Ceclnow a public or private company?
Ceclnow is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ceclnow founded?
Ceclnow was founded in -1.
Where is Ceclnow based?
Ceclnow is headquartered in Langhorne, United States, in the North America region.
How does Ceclnow make money?
One revenue line is on record: CECL Compliance Services.
Does Ceclnow have an API?
No public API is recorded for Ceclnow.
What industry is Ceclnow in?
Ceclnow's product category is Financial Compliance Software. Its primary akta.pro industry code is HDABAHAI, Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC). Its NAICS code is 513210 and its SIC code is 7372.