ARCsys
What is ARCsys?
ARCSys Technologies is a software development company based in Norfolk, Virginia, founded in 2010 by Mike Umscheid and Dean Rodil. The company specializes in financial modeling and analytics solutions for financial institutions, focusing on regulatory compliance and advanced financial analytics, particularly related to the CECL (Current Expected Credit Loss) accounting standard. ARCSys develops integrated and customizable software platforms that support financial analytics, accounting, and compliance. Their offerings include CECL allowance calculation software, asset liability management software, business intelligence tools, and validation services. They also provide budget forecast simulation, benchmarking, automated valuation modeling, and back-testing services. Additionally, the ARCSys Learning Portal offers on-demand training in financial accounting and analytical management techniques. The company primarily serves banks and credit unions, helping them navigate complex regulatory challenges and enhance their financial decision-making capabilities.
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