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A Single Robust platform for Seamless Compliance

Financial Compliances

Expected Credit Loss Asset Liability Management Fund Transfer Pricing Financial Reporting & Analysis

ECL is an integrated platform built for seamless computation of Expected Credit Loss using various methodologies, forecasting and insightful advanced analytics.

Solution helps financial institutions address operational complexities of evolving credit impairment accounting measurements with a user friendly and auditable platform. An intuitive IFRS-9 platform provides single layer for granular data consolidation, validation and reconciliation. It adopts comprehensive sub-modular approach for classification, measurement, model inventory, expected credit loss engine and reporting.

Framework Coverage:

Principle based forward looking coverage of IFRS 9 that primarily deals with financial instruments, including their recognition, measurement, classification, and derecognition:

  • Classifications and Measurement: Classification of financial instruments through comprehensive framework assessment methodologies and measurement with audit trail for each output.
  • Stage Assessment: Custom rules for allocating financial instruments to different stages.
  • SICR Assessment: Quantitative, qualitative, and back-stop indicator approach for assessment of SICR.
  • Complete Stack: ECL Computations methodologies and its components i.e., PD, LGD, EAD, TTC PD to PIT PD, 12-months PD vs Lifetime PD and PD Term Structure.
  • Assessment Approach: Measurement of ECL both at obligor level as well as portfolio level.
  • Effective Interest Rate: Equipped to calculate EIR for fixed rate / floating rate with or without transactions cost and in-built cash flow engine.
  • Forward Looking: Incorporating configurable macro – economic variables for conversion of PIT to PIT forward looking PD.

KEY FEATURES

Reporting

 

In-built reports with deep drill-down from output to input ensuring process transparency and auditability

Multiple Models

 

Pre-configured multiple Models for EAD, LGD and EAD.

Forecasting and Stress Testing

 

Supports various simulations and stress testing of ECL

Simulations and Attributions

 

Perform deep variance analysis across time as well as different methodologies & scenarios.

Data Synthesis

 

Multi-source data integration including bank’s internal systems and spreadsheets.

Expandability

 

Highly scalable architecture for easy transition to full implementation

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Benefits

Streamline complex workflows, resulting in significant time and cost savings for Banks and Financial Institutions

 
User Friendly: Complete front-end configurable for portfolio segmentation, model selection and approach selection
 
Dashboards: Interactive dashboards for all stakeholders including Top Management, CFO and CRO.
 
Robust Solution: Integrate with multiple legacy system and traces versions with horizontally extendable.
 
Collaboration: Multiple teams can seamlessly cooperate and work in tandem in collaboration.
 
Accounting Entry Management: The Solution not only enables the automatic generation of IFRS-related accounting entries but also allows manual entry with necessary validations as needed.