Calculating Portfolio Loan Loss Provision in a Flexible Environment

FlexFinance provides users with an advanced collective impairment solution that enables impairment assessment on a portfolio level and ensures compliance with the rules of the IASB defined in IAS 39.64. The FlexFinance collective impairment solution organises deals with similar risk characteristics into groups and is also capable of measuring and analysing the incurred but not reported loss on a group level. And with its advanced modelling engine, it helps bridge the gap between Basel II parameters and IFRS calculations.

A Comprehensive Workbench for Modelling all Parameters

FERNBACH’s collective impairment solution provides a powerful and flexible workbench for modelling and back testing parameters based on collected historical data. The high-performance modelling tool is designed to empower business users with the ability to easily adapt existing models or even create their own. With the comprehensive reporting engine, tailor-made reports can be created for all relevant stakeholders.

The collective impairment solution provides a number of diverse techniques for modelling parameters using highly sophisticated statistical methodology.