The Benefits of using SAS Allowance for Credit Loss for your CECL and IFRS9 Needs

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There can be many business challenges related to expected credit loss of an organization when assessing credit risk. SAS Allowance for Credit Loss (ACL) enables you to address the requirements of the Current Expected Credit Loss (CECL) and International Financial Reporting Standards (IFRS 9) regulations.

With SAS ACL, you can take your IFRS9 and CECL process to a new level with a fully governed, automated workflow that includes highly efficient and precise computations.

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What can a user achieve with SAS ACL?

• Centralize the entire process
  • Control all your models, scenarios and data in a single repository. Orchestrate the entire IFRS 9 or CECL process with flexible and traceable workflows.
• Get fast, precise results
  • Get results faster with the highly efficient calculation engine and optimized processes that use in-memory processing
• Get full insights into results and adjust as needed
  • Analyze the difference in provisions at the most granular level, and attribute changes to selected factors. Apply overlays with rules allocating on a granular level or directly on individual positions and keep track of all changes.

To Learn More

To learn more about how the SAS Allowance for Credit Loss solution can help you address your business challenges, visit SAS Allowance for Credit Loss | SAS. The e-learning course for the SAS ACL solution is in development and will be available for consumption in the future.

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