Abrigo added an AI tool to Abrigo Allowance, its CECL solution, that automates the calculation and reporting of expected credit losses. It writes narratives that explain what changed between calculation periods and which factors drove the movement.
Our readThe narrative is the part auditors and boards actually read, and it is usually written by hand at quarter end. An AI written narrative only saves that time if it is traceable, so ask whether each statement links back to the model inputs behind it.