78 Abrigo Testimonials

"If you are looking for a true partnership to implement an automated allowance software, Abrigo is the way to go. With the complexity and high scrutiny that financial institutions face, it is imperative to have a team approach with experts on the allowance."

“The biggest game-changer for us was being able to retire our database solution, which was very unstable. CQS provides a far more stable solution for the entry of review results.”

“The implementation team was super beneficial throughout the process. They worked with us for several months, ensuring that both legacy systems were aligned before the merger. We knew exactly what to expect and were able to navigate the blackout period without any major issues."

“You’ve got a bank in the room that might have two or three people attending this training and one person, their entire job is data manipulation within the model, while another person’s job was strictly running different scenarios, forecasting.”

“[Abrigo’s Senior Consultant] understands what we’re doing and knows what we’ve done. It all kind of flows together.”

"Without BAM+, there is no way we would be alerted to some of these potential elder financial exploitation cases."

“Before automating with BAM+, we didn’t have a true way of understanding what is normal behavior for our customers.”

“I feel much better already, having something that I have no issues with and that I’m confident in – I’m glad I’m in early. Plus, I know the auditors like the application.”

“Working with Abrigo’s Advisory Services team gives me time to focus on other BSA projects that strengthen our program. We have confidence in knowing the alerts are being worked through in a timely and thorough manner.”

"The great thing about BAM+ is that we are able to monitor our analysts’ progress so we can see comments from alerts to case to SAR within a snapshot."

"We’ve saved ourselves 40 hours of work per week just by creating efficiencies and getting things done faster."

"When we first heard of CECL, it seemed so big. We started by learning then we began thinking about how to tackle this, then about finding somebody to help. The people here are capable of doing this, but we all have day jobs. We needed someone to do the heavy lifting."

"We would have to do 70-80 individual impairment analyses, as the examiners were focusing not just on total ALLL, but specifically on each loan."

"We are much further along in stress testing than our regulators were expecting. They were very impressed with the information and thoroughness of our reports and presentation as well as our in-depth knowledge of our portfolio and risk associated with it."

"The reports we can pull from BAM+ actually reduced our false positives and improved our results."