Description

SAS Expected Credit Loss is a credit loss estimation and modeling solution designed for the banking sector. It enables users to centralize the management and orchestration of the expected loss modeling process, estimate expected losses (required by the IFRS 9 and CECL credit impairment accounting standards), create, test, and manage analytical models, apply accounting rules to modeling, document changes and exceptions, and automate data consolidation into financial statements. Features include a unified dashboard, credit loss assessment, custom reporting and visualization tools, and an embedded workflow engine.