SAS® EXPECTED CREDIT LOSS

Meet the challenges of IFRS 17, IFRS 9, CECL and beyond.

A centralized, flexible, high-performance analytics environment.

Expected credit loss assessment and monitoring

Allows centralized management and controlled orchestration of the entire expected loss modeling process via a user-friendly dashboard.

Flexible reporting

Easily manage accounting rules. Automate disclosures and posting into accounting ledgers.

Open platform

Supports deployment of models built in SAS, Python, R or other programming languages. 

Adaptability and scalability

Provides a single management platform and modular structure for customizing workflows to capture data, execute models, and consolidate and report results. Scales to support other risk initiatives, such as enterprise stress testing.

Simplified coding requirements

Enables efficient implementation, increases transparency and reduces maintenance effort.

Full transparency

Supports results with comprehensive audit trails.

Centralized model library

Supports strong model governance and promotes efficient reuse, which reduces model risk. 

High-performance capabilities

Provides extremely fast computational speeds through parallel task execution, in-memory processing and grid optimization. 

Meet compliance challenges while advancing your risk management and financial reporting capabilities.

SAS Expected Credit Loss showing IFRS 9 stage movement report on desktop monitor

Get results quickly.

Take advantage of prebuilt model templates – or use your existing impairment models, regardless of platform – for a faster implementation. A user-friendly dashboard and out-of-the-box visualizations make it simple to capture data, execute models and generate reports. You can easily customize accounting rules and data flows, and quickly produce results to assess the financial impacts of the new impairment standards.

Establish control and transparency.

A model implementation platform with a centralized model library enables you to effectively monitor the entire modeling process – so you can identify, report and resolve issues quickly. SAS Expected Credit Loss delivers a well-controlled, flexible and scalable solution that supports risk and finance integration capabilities, allowing you to address both current and future IFRS 9 and CECL requirements. Automated reconciliations and comprehensive audit trails ensure reliable financial reporting and transparency to meet the stringent expectations of directors, regulators and auditors.

SAS Expected Credit Loss showing IFRS 9 disclosures on desktop monitor
SAS Expected Credit Loss showing IFRS 9 process flow chart on desktop monitor

Create sustainability in expected credit loss modeling.

Perform calculations faster than ever before with high-performance analytics. You can streamline processes and eliminate bottlenecks to efficiently meet financial reporting deadlines quarter after quarter. SAS Expected Credit Loss ensures reliability and repeatability, while reducing your code base, for greater transparency and lower ongoing maintenance costs..

Adapt and grow.

A centralized library enables fast, efficient model management, while fostering collaboration between your risk and finance organizations. With the solution's highly flexible, open and user-friendly platform, you can easily assess the impacts of changing data, models and assumptions, as well as add functionality and optimize your workflows over time as needs change..

SAS Expected Credit Loss showing IFRS 9 MIP model group on desktop monitor

Get to Know SAS® Expected Credit Loss

Explore More on SAS® Expected Credit Loss & Beyond

SAS Expected Credit Loss fact sheet

FACT SHEET

 

Learn more about SAS Expected Credit Loss.

 

Read fact sheet

ANALYST REPORT

 

Read the Chartis RiskTech Quadrant for Credit Risk Solutions 2018. 

 

Read report

Efficiently Achieve CECL Compliance with a Robust, Controlled Analytics Platform solution brief

SOLUTION BRIEF

 

Discover how to achieve CECL compliance with a controlled analytics platform. 

 

Read solution brief


The impairment element of IFRS 9 will result in fundamental change to current practice.

Hans Hoogervorst, Chairman, IASB

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