Economic Scenario Rules

Under IFRS 9, it is required to calculate Expected Credit Loss (ECL) for multiple economic scenarios. Multiple economic scenarios are created in a dimension and this can be done by using the Dimension Management UI. With this UI, the user can map the probability weight with the respective economic scenario. The economic Scenario Rule is created at the Modelling Set level.

Weighted Average scenario is not available for the selection, but it captures the weighted average of all scenarios. The weighted average is used for the final reporting of ECL-related measures.