1. User Guide
  2. Business Rules Administration
  3. IFRS 9 Rules
  4. Rating Mapping Rules

Rating Mapping Rules

Rating is a key dimension that is required for IFRS 9 Solution Cloud Service to compute various key measures like Stage determination and stage Curing. It is also used further in PD, LGD, CCF assignments and ECL calculations. All the processing within IFRS9SCS is performed at Account Level granularity and hence it is required for each account to be mapped to a specific Rating.

The service look-up for the following Rating type for every account from various external and internal rating providers:
  • Account Rating
  • Party Rating
  • Sovereign Rating

Users can create a rating mapping rule by using the modelling set. Based on the selection of the modelling set, a legal entity-based rating source will be available for further selection. Users can provide rating source preference and rating type preference. Users can map external ratings with internal ratings by providing the details of rating Type, Term and Rating Source. Rank will be populated against each internal standardized rating.