The Collective Impairment Workbench is a modular solution that calculates probability-weighted Expected Credit Losses (pwECL) in line with GAAP and regulatory requirements. For IFRS9 IFRS 9 this includes the calculation of 12-month ECLs for stage 1 as well as lifetime ECLs lifetime Expected Credit Losses for assets assigned to stage 2.
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It also supports simulation and comparison of alternative models and scenarios as well as the tracking of the results of ECL of Expected Credit Loss calculation for audit and analysing purposes.
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