Oracle Financial Services Loan Loss Forecasting & Provisioning
Global financial services institutions need to accurately forecast credit losses and create provisions for such losses in accordance with rules specified under IAS/IFRS. Regulations such as Basel III & Dodd-Frank require institutions to forecast credit losses under baseline and multiple adverse scenarios as part of the capital management process.
Oracle Financial Services Loan Loss Forecasting & Provisioning provides pre-configured & extensive computations that enable institutions to effectively forecast credit losses under multiple scenarios and compute required provisions. It provides pre-configured methods computing provisions which include counter-cyclical methods and enables compliance with IFRS 9 & Basel III requirements on counter-cyclical provisioning.
Credit loss forecast under baseline and stress scenarios
Pre-configured counter-cyclical methods for provision / ALLL calculation
Transition matrix estimation using advanced statistical methods
Built-in cash flow engine
Comprehensive stress testing capability
Export reports in various formats such as Excel, PDF, text file & XML
Comply with new and emerging regulations such as Basel III , Dodd-Frank & IFRS 9
Enable strategic capital decisions using a single consistent suite of applications
Adopt counter-cyclical methods for loan loss provisioning
Assess risk for a portfolio across multiple parameters