The pandemic has brought these shortfalls into sharp focus and presents the industry with an opportunity to address these weaknesses whilst adjusting for a post-pandemic world. We’re here to help you do that, using the latest insights to make sure your IFRS 9 results are as reliable, robust and supportable as Prudential Regulation Authority (PRA) guidance recommends, while reducing the time your team spends generating them.
How can Experian help?
Experian’s Ascend Intelligence Services have developed a powerful on-demand new tool, IFRS 9 Credit Loss Insight, enabling you to calculate IFRS 9 expected credit losses (ECL) in just a few clicks. The tool allows you to generate and evaluate your own ECL models baed on CAIS bureau data and Delphi customer level risk scores. Furthermore, We can combine our extensive CAIS data coverage with our industry leading probability weighted economic scenario forecasts, and your internal view of your portfolio, to provide everything you need for IFRS 9 credit loss forecasting.
Watch the demo below where Experian’s Liz Clarke, Head of Regulatory Analytics, and Alastair Porter, Senior Analytics Consultant, show how this new tool works and how it can help you.