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Hassle-free CECL (ASC 326) compliance



Looking for a robust yet simple solution to calculate expected credit losses?

Becoming compliant with CECL (ASC 326) is challenging. The Zanders Inside Condor ECL module is a reporting and analysis solution that helps you achieve compliance. Built by experts in credit risk and financial reporting, Condor ECL saves you time, money – and stress.

Tailor-made versions are available for financial institutions, corporates, advisory firms and auditors.

The challenges of CECL

Becoming compliant with CECL is a daunting task.

CECL requires you to calculate accurate estimates of lifetime expected credit losses (ECL) on your financial assets while taking economic conditions into account. This can be a complicated task.

Tailored solution


Condor ECL helps you to become compliant.

Condor ECL generates all the ECL figures you need to perform your financial and regulatory reporting.

No major upfront investments are needed, all you need is a browser to start producing estimates.

Tailored solution

The solution covers the full reporting process, from data processing to ECL reports and granular results.

Condor ECL comes with structured workflows, clear audit trails and pre-installed methodologies that can be fully tailored to your needs.

Modular approach

All it takes is three simple steps to produce ECL reports:

Condor Expected Credit Loss solution


Discover the possibilities of our cloud‑based Condor ECL solution.

Tailored solution

Condor ECL includes various methodologies for the calculation of probabilities of default and other expected loss components. You can easily select an approach per asset class.

Tailored solution

Modular approach

The modular nature of Condor ECL allows you to mix and match components – you can always leverage your existing models and only use components when you need them.

Modular approach

Clear documentation

Condor ECL comes with extensive documentation of the included methodology and calculations. Test evidence is available upon request.

Clear documentation
Flexible data structure

Flexible data structure

Whether you have a fixed data format or many different files, Condor can handle it all. You can configure automated data checks and corrections, all of which are logged in the system to ensure a full audit trail.

Robust calculation engine

Robust calculation engine

Condor ECL is the result of years of experience in credit risk management, stress testing and financial reporting. Our models are based on best market practices for credit risk modeling.


Still want more?

You can develop custom calculation routines yourself using our software development kit. Our platform is also able to connect to other web APIs to leverage the results of your existing infrastructure.


Searching for a robust solution to CECL with a smooth implementation process?

Many companies have chosen to set up tactical solutions for CECL, often relying on end‑user computing. This has introduced significant operational risks in a process that affects profit and loss. Become in control of your CECL process with Condor ECL. Experience our automated reports, audit trail and easy configuration.

Flexible solution

Worried about implementation?
Learn about our ‘no cure no pay’ offer.

Our offer for implementation

Because of our confidence in our platform, you pay no license fees until our platform is fully implemented and capable of generating production figures. Implementation fees are only due after the successful realization of milestones. This way, you only pay for results.


Unsure what to do? Let us know what is on your mind!

Becoming compliant with CECL can be a daunting task. Zanders has extensive experience with ECL projects, so do not hesitate to contact us if you require support.

Why Zanders?

  • Leading consultancy firm in risk management and finance
  • Experts with strong quantitative skills
  • In-depth knowledge in risk management and risk modeling
  • Hands-on experience with credit risk models