Overview

OFS Loan Loss Forecasting and Provisioning application compute the Expected Credit Loss of individual instruments or accounts using multiple models such as AFS Model, Survival Model, Roll Rate Model, Vintage Model, and Collateral Based Method. The application provides you the flexibility to compute the credit loss allowance for a different set of accounts or portfolios using different methodologies. Available-for-Sale Financial Asset Model is used to compute allowance for AFS Debt securities as per the CECL standards.