Reconciliation Reports

Reconciliation disclosures are intended to explain factors that are attributable to the change in asset values over a period for attribution analysis. Because the ECL directly impacts profitability and therefore the financial health of a bank, management and regulators alike are interested in understanding what important factors caused a change in the ECL amount from one period to the next.

OFS LLFP application has a dedicated UI-driven run with a range of factors for you to choose and determine important factors to help explain or attribute changes in ECL.