This is ARCSys
Our Incurred Loss and CECL platform offers dynamic customization, robust analytics, and scales to meet the needs of any financial institution. Even yours.
ARCSys provides a better implementation experience from sales all the way to final analytics. As employees, we encourage each other to innovate and push the boundaries on the level of service we provide our clients. As a company, we are always striving to embrace and exemplify our thought leadership values.
Michael Umscheid, CPA
Mike has been providing accounting, consulting and auditing services to financial institutions for over 30 years. Considered the “CECL Guru”, Mike was selected by the AICPA to create and deliver their 8-hour CPE course on CECL. He is a past member of the Auditing Standards Board and a published author on Accounting and Auditing for Financial Institutions. Mike has spoken at numerous AICPA conferences as well as other national and local financial institution associations. Mr. Umscheid is also the author of the 8-hour CPE course published by the AICPA for CECL.Mike is currently the President and CEO of ARCSys, a consulting firm that specializes in Allowance for Credit Loss software and CECL. He graduated from Virginia Polytechnic Institute and State University in Blacksburg, Virginia. Mike enjoys working out in the morning before work and loves to cook for his family and friends.
Casey’s primary responsibilities include guiding the product roadmap and software lifecycle alongside system alignment and regulatory governance. Prior to her work with ARCSys, Casey served as the financial analyst for a chemical manufacturing company. Casey brings experience in audit, data analytics and financial systems implementation to her role. She received a Bachelors of Science in accounting in 2014 and is currently an MBA candidate attending Averett University. Casey also enjoys hiking, concerts, and snuggling up with her hairless cat, Luna.
Brett has been with ARCSys since 2010, and is currently our Lead Software Developer. Prior to his time with ARCSys, Brett served as a software engineer for various shipboard navigations systems. He has spoken at various conferences on the use of Java and other software applications. Brett is a graduate of Virginia Tech’s computer engineering program. In his free time, Brett enjoys playing golf and watching his beloved Hokies during football season.
Caroline is a member of the Statistical Analytics Department where she works on client portfolio analysis and predictive machine learning model development. Following her BSc in Economics and Business Finance, she obtained her MSc in Financial Markets and Investments from the SKEMA Business School in Raleigh, NC. Prior to her arrival at ARCSys, Caroline worked at Societe Generale as an Internal Auditor in France. She brings experience in audit, statistics, programming, economics, financial markets, and credit risk. Caroline has extensive international experience having lived in the United Kingdom, France, Poland, Switzerland, and the United States.
Tom has over 25 years in the financial services industry, most recently as Director of Professional Development at the Financial Managers Society association. He also served in the same capacity at the Counselors of Real Estate association and Financial Managers Society. Tom started his career working in the commercial lending and credit area of community banks in the Chicagoland area. He is a graduate of Elmhurst College in Illinois. During his free time, Tom enjoys college basketball and hanging with his wife, kids, and dog, Herb.
Justin has a decade of accounting and implementation experience onboarding clients into multiple ARCSys applications including CECL, and the Incurred Loss model. Justin supports our clients with their allowance calculations and answers accounting questions as part of the ARCSys service model. He is a strong believer that helping institutions understand their data and the related accounting aspects are the important parts of an effective business relationship fostering successful outcomes. When Justin is not leading our Implementation Team, he spends time with his daughter, Emma, and loves to play the guitar.
Kaleigh Wells joined ARCSys in 2019 as Marketing Director bringing a new design aesthetic and modern approach to the team. Most recently she served in the same capacity for a government defense contractor. Earlier in her career, she led visual merchandising and branding in the Mid Atlantic territory for Quiksilver, Roxy, and DC Shoes. She is passionate about product storytelling and employing what attracts, engages, and captures the attention and hearts of future clients. Kaleigh is a graduate of The Fashion Institute of Design and Merchandising in Los Angeles. In her time not spent in the marketing space, she is a party planning aficionado, coffee connoisseur, and wanna-be dog whisperer.
Howard has over 40 years of progressive financial services industry expertise that includes senior executive positions in the savings and loan, regulatory, investment banking, commercial, and community banking disciplines. He has considerable experience in financial institution start-ups, value creation, turn-around, work-outs, mergers, acquisitions, operations and equity development. Howard holds a BBA in Business Administration and an MA in Real Estate Finance from the Terry College of Business, University of Georgia. He is a former member of the Federal Reserve Bank 5th District Operations Advisory Committee; a founding member of the National Association of Financial Professionals; and a founding member of the National Association of Review Appraisers and Mortgage Underwriters.
Steve has an extensive background in information technology and experience in business intelligence, reporting, and database design. He has worked in a software development capacity with TEKsystems and Delta Dental. He graduated from Virginia Tech with a degree in Finance and Economics.
Victor Dean Rodil
Dean has extensive experience defining strategy, implementing new initiatives, and managing ongoing operations teams with a focus on software development, infrastructure, and risk management. Dean has 18+ years of experience in industry and his career has been focused on large-scale, enterprise IT organizations with a concentration on application development, operations, cybersecurity, and business intelligence. Recently, Dean has worked in strategic consulting primarily focused on mergers and acquisitions, technology diligence, and assessments. Prior to that Dean headed the IT group for a national insurance carrier. Dean enjoys being outdoors, mountain biking and is an avid tennis player. He also enjoys traveling and has visited over 40 states and 19 countries.
ARCSys Consultants & Partners
Matt has over 18 years of experience of providing effective finance and accounting solutions to F/S clients. He has led Accounting Policy group on an interim basis to assist with the adoption of accounting guidance and regulation, including various International Financial standards. Matt worked as an Audit Manager at Deloitte & Touche, served as Director of Internal Control at MassMutual Financial Group, and Director of Financial Reporting and Accounting Policy at Sun Life Financial.
Andres has over 15 years of experience providing accounting, management advisory, and transaction services to public and private companies of all sizes across Banking. He has led numerous engagement teams through complex accounting and operational issues including SEC reporting, financial planning and analysis, regulatory reporting, and process improvement and infrastructure build. He has advised numerous clients on multiple accounting standard implementations in Banking, Insurance, Specialty Finance, and Asset Management industries.
Jillian is a Managing Director in CFGI’s New York office and brings over 8 years of experience serving mid-size and global financial services companies providing technical accounting assistance, operationalization of accounting standards, and financial close support for US GAAP and IFRS. She has extensive experience supporting clients as a trusted advisor in solving problems related to complex technical accounting, financial reporting, regulatory reporting, financial planning and analysis issues, and merger and acquisition transactions. As part of her advisory role, Jillian regularly assists clients in one-off technical accounting transactions. She is currently serving multiple DFAST and mid-size banks adopting CECL in performing gap assessments, developing implementation strategy, understanding data requirements, and documenting accounting policy.
Jim Nowe has over 36 years experience in the commercial banking and regulatory arenas. Jim was a National Bank Examiner with the Office of the Comptroller of the Currency (OCC). He has served as Examiner-in- Charge and Portfolio Manager over community banks, to include problem banks, across the country. Jim has led many targeted examinations focused on commercial credit, to include extensive experience in the Shared National Credit assessing risk in the largest financial institutions. He is also a trained instructor and has provided classroom-based instruction to bank examiners as well as developed course content and course materials for bank examiner training.
F. Jo Goodson
Jo has more than 30 years of experience in a variety of high-profile IT security positions, including Morgan Stanley and Goldman Sachs. She has also managed projects under the CMS (Medicare) IACS program, expected to be the world's largest deployment of identity management systems. Jo has worked extensively on the ARCSys Investment CECL solution. She received her Bachelor’s degree in computer science from North Carolina State University, and her Masters in computer science from Rensselaer Polytechnic Institute of Hartford.
Tom is a seasoned financial services executive, who has spent over 35 years building successful businesses in wholesale commercial banking, capital markets, investment banking, and credit cards. He previously served as CEO of Silverton Bank where he conceptualized and fostered development of multiple successful software solutions for the bank. Tom has been instrumental in developing the CECL for Investment product. Tom is a graduate of Livingston University.