SAS Allowance for Credit Loss
Take your IFRS 9 and CECL process to a new level with a fully governed, automated workflow that includes highly efficient and precise computations.
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Centralize the entire process
Control all your models, scenarios and data in a single repository. Orchestrate the entire IFRS 9 or CECL process with flexible and traceable workflows.
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Get fast, precise results
Get your results faster with our highly efficient calculation engine and optimized processes that use in-memory processing. Choose the level of granularity for data processed by models and for results exploration. Then validate your model and data in a simulation cycle before using it in production.
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Gain full insights into results & adjust as needed
Analyze the difference in provisions at the most granular level, and attribute changes to selected factors. Apply overlays with rules allocating on a granular level or directly on individual positions, and keep track of all changes.
Key features
Effectively address the requirements of CECL and IFRS 9 accounting standards and overcome business challenges related to the calculation of expected credit loss. A role-based, workflow-driven process enables users to contribute to the results while generating auditable artifacts along the way.
Model execution
Supports a wide range of models and engines.
Manual adjustments.
Includes rule-based and many other post-model adjustment techniques.
Attribution analysis & simulations
Lets you use configurable attributes to explain provisions changes and run what-if analyses.
Workflow and governance
Provides an orchestrated process with fully transparent and repeatable calculations.
Greater efficiency
Provides an optimized and governed way to store data and conduct high-performance and transaction-level analysis.
Chartis RiskTech100® Awards
SAS vince in sette categorie diverse
SAS continua la sua scalata nella classifica mondiale dei 100 principali fornitori di tecnologie di risk management e compliance; SAS vince in sette categorie tra cui: AI for Banking, Balance Sheet Risk Management, Behavioral Modeling, Enterprise Stress Testing, IFRS 9, Model Risk Management e Risk & Finance Integration.
Related products & solutions
- SAS® Solution for IFRS 9Accelerate time to benefit and quickly meet IFRS 9 standards.
- SAS® Solution for Stress TestingMeet the challenges of supervisory stress testing and strategic scenario planning with SAS Solution for Stress Testing.
- SAS® Model Risk ManagementSignificantly reduce your model risk, improve your decision making and financial performance, and meet regulatory demands with comprehensive model risk management.
- SAS® Solution for CECLQuickly meet new US Financial Accounting Standards Board current expected credit loss (CECL) standards with best practices for modeling, workflow and reporting.