The core financial and service benefits you receive from RQS service solutions is first the effective compliance with industrial requirements you now face, while secondly achieving your organization's strategic objectives for earnings and asset growth. As you review, our solutions for both CECL and ERM Governance, which are highlighted below; bear in mind the process re-engineering implications of regulatory capital risk-based requirements, in concert with, impending CECL requirements. Also, for model validation purposes, our CECL deployment methodology starts at the loan instrument level, then aggregates assigned CECL reserve balances up to the loan pool level: 1. Our custom CECL solution starts with an origination application that allows for our loan pricing model to establish each borrower’s CECL reserve balance based on their inherent credit risk profile; and the expected life of the lending contract. 2. Our servicing platform monitors the sufficiency of CECL reserve balances throughout the expected life of the borrower’s loan contact; and facilitates the release of CECL reserve balances back into the ACL as the borrower performs on their loan contract according to its forecasted expected life. 3. Account level probability of default (PD) models, as well as, portfolio level expected life, and qualitative factors models support the servicing platform. The outputs from these servicing models are integrated into our DCF model, to establish your financial institution’s CECL reserve requirement at a loan pool level. 4. The primary responsibility of the board’s risk or supervisory committee is the creation of a risk management charter to govern the risk profile of the institution. RQS's ERM Governance platform includes the Key Risk Indicators (KRIs) needed to to facilitate the monitoring of your financial institution’s risk tolerance thresholds pursuant to its risk appetite statements.