Description

SAS Solution for IFRS 9 is a compliance management solution and add-on component to SAS Expected Credit Loss solution designed for financial institutions. It enables users to understand and assess the impacts of changing data, models, and assumptions, create, test, and execute analytical models, mitigate key person risks through menu-driven management, calculate aggregated exposures in near real-time, and estimate the expected losses as required by the IFRS 9 and CECL credit impairment accounting standards. Features include project management dashboards, business rules templates, financial aggregation, operational risk management, and reporting capability.