You are in charge of implementing IFRS 9 and CECL regulations within your institution ?
Algosave helps you compute Point-in-Time, multiyear, forward looking and scenario sensitive Expected Credit Losses (ECL) in order to challenge in-house estimates
AlgoSave delivers financial institutions with solutions to (a) IFRS-9 Expected Credit Losses calculation as well as to (b) its related computation of bank Risk Capital and RAROC. Born out of rigorous and analysis-focussed combined decades-long experiences in banking, high yield and distressed debt investments, AlgoSave innovative approach to credit modelling is founded on multi-period Calibrated Stochastic simulations of the Fundamentals of borrowers.
In line with IFRS stringent requirements, AlgoSave delivers borrower specific, “Point in Time”, Probability-Weighted, IFRS 9 Lifetime Expected Credit Losses
AlgoSave delivers “Point in Time”, multi-period and forward looking Probability of Default (PD) Loss Given Default (LGD) and Exposure At Default (EAD)
AlgoSave offers a robust and user-friendly platform to run multiple simulation-based scenario testing on IFRS 9 impairment calculations
Get ALGOSAVE IFRS9 and CECL Challenger Model