Tag Archives: ALLL

Fintellix Experience – Insights gleaned from the Fintellix client repertoire

One of the leading multinational banks headquartered in North America, has leveraged the Fintellix regulatory reporting platform and data model to automate its asset quality reporting (in India). The Fintellix solution entails end to end Data Processing starting from to … Continue reading

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Data Architecture – What lies beneath the hood for loan loss reporting

  What could be the best data architecture for a loan loss provisioning reporting system? Keeping the data unbiased, is the first principle. In the loan loss reporting world, this has three implications – source a rich set of attributes … Continue reading

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Ensuring Accuracy and Integrity in Loan Loss reporting – first time and every time!

Creating good quality data is akin to the efforts taken by one to get and stay healthy in terms that it requires both intense short term initiatives and long term investments in process, technology and people. Importance of good quality … Continue reading

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Comprehensiveness – Start with Loan Loss reporting and extend the same data investments to do more

In the Loan Loss Reporting scenario buying for the future, definitely means investing in a solution that is CECL ready. Having said that, this mandate comes in the wake of the BCBS239 guideline, leads to an overall rethink at banks … Continue reading

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Regulatory Watch – Asset Quality and Liquidity monitoring a global phenomenon

During the global financial crisis, there was a significant turmoil in the financial systems worldwide leading to the insolvency of a number of banks in several countries which either failed or received taxpayer-funded bailouts. The shocks of meltdown were felt … Continue reading

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Adaptability – Meet current and future regulatory requirements around CECL

IASB and FASB have already published guidelines around expected loss modelling for reserve calculations. A working paper on ECL has also been published in India which might soon become a guideline. It is expected that banks would be concerned about … Continue reading

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Agile Data – Extending Data Management principles to Loan Loss Provisioning and Reporting

Even as the global banking regulatory landscape witnesses rapid evolution, regional regulators have been diligently dispensing some of the most critical compliance and risk regulations. Though there has been considerable opposition from the financial services industry, most regulations have been … Continue reading

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CECL Forum: Impact of Prepayments on Life of Loan

The CECL (Current Expected Credit Loss) regime requires banks to consider expected prepayments for determining the Life of Loan. Prepayments are expected to play a critical role in ‘rightsizing’ Allowance for Loan and Lease Losses (ALLL) under the CECL regime. The … Continue reading

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