SAS Allowance for Credit Loss
Address CECL and IFRS 9 accounting standards with a fully governed, automated workflow.
Take your IFRS 9 and CECL process to a new level with a fully governed, automated workflow that includes highly efficient and precise computations.
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.
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.
Gain full insights into results, and 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 & 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.
RiskTech100® Awards
Chartis Again Names SAS a RiskTech100 Award Winner
SAS is the only vendor to earn a Top 5 rank in the Chartis RiskTech100 each year since its 2005 debut. SAS also won five solution categories – Balance Sheet Risk Management, Model Risk Management, Enterprise Stress Testing, IFRS 9 and Risk & Finance Integration.
Explore More on SAS Allowance for Credit Loss & Beyond
Article
IFRS 9 and CECL: The challenges of loss accounting standards
Learn how you can meet the changing demands of regulatory compliance and financial standards by solving issues collectively and comprehensively across several areas.
Solution Brief
Current Expected Credit Loss (CECL) Process Optimization
Learn how SAS can help you develop a robust, transparent and sustainable CECL process that can be implemented quickly and easily adapted to changing interpretations over time.
White Paper
Risk-Aware Finance and the Changing Nature of Credit
Discover how risk-aware finance is becoming a matter of business survival to meet future regulatory demands.
Insights
Risk Management Insights
Get the latest risk management news, views and insights from the brightest minds in the business.
Related Offerings
Check out these products and solutions related to SAS Allowance for Credit Loss
- SAS® Solution for IFRS 9Accelerate time to benefit and quickly meet IFRS 9 standards.
- SAS® Solution for Stress Testing監査当局によるストレステストに関する難しい課題に対応し、シナリオベースの計画のためのパワフルなデータおよびモデリング環境を確立することができます
- 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.
