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Hassle-free IFRS 9 compliance

CONDOR CREDIT RISK SUITE – IFRS 9 REPORTING & ANALYSIS SOLUTION

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A robust yet simple solution for all your credit risk calculations

Becoming compliant with IFRS 9 is a daunting task

Becoming compliant with IFRS 9 is a daunting task

IFRS 9 requires you to calculate accurate estimates of lifetime expected credit losses (ECL) on your financial assets while taking economic conditions into account.
The Condor Credit Risk Suite facilitates the full credit risk process

The Condor Credit Risk Suite facilitates the full credit risk process

The Condor Credit Risk Suite is a reporting and analysis solution that helps you achieve compliance. It contains separate, independent modules for credit ratings, PD and LGD models and provision calculations.
Don't worry about compliance anymore

Don't worry about compliance anymore

Over two decades of credit risk expertise of our credit risk consultants, packaged in modular, user friendly and easy to implement application.

Flexible, to match your requirements, but robust, so you don’t have to worry.
A robust yet simple solution for all your credit risk calculations

CHOOSE THE MODULES TO MATCH YOUR NEEDS, CONFIGURE THEM TO FIT YOUR PORTFOLIO

Determine credit ratings of your counterparties using our rating models...

Corporate Rating Model
Condor

Corporate Rating Model

Bank Rating Model
Condor

Bank Rating Model



Calibrated on financial data from a wide variety of banks and corporates


Model parameters, calibrated to your portfolio, can be set during the implementation process


Credit ratings can be used for probabilities of default, calculation of provisions and credit approval processes

...determine Loss Given Defaults, building on our extensive experience and market practices...

LGD Model
Condor

LGD Model



Based on years of experience and benchmarked industry expertise


Customizable for optimal flexibility


Ratings can be used for calculation of provisions and credit approval

...calculate expected credit losses under IFRS 9 regulation...

ECL Calculator
Condor

ECL Calculator



Include forward looking information and determine staging approach


Calculate expected credit loss in line with regulatory requirements


Configure models to be in line with internal standards

...and obtain full compliance with IFRS9 and regulatory reporting requirements!

IFRS 9 Reporting
Condor

IFRS 9 Reporting



Flexible output for analysis and reporting purposes


Assess, adjust and rerun as needed


In line with external reporting requirements

Discover the possibilities of our cloud‑based Condor Credit Risk Suitesolution.

Tailored solution

The Condor Credit Risk Suite includes various methodologies for the calculation of probabilities of default, loss given default and other expected loss components. Select an approach per asset class or configure your own methods for full flexibility

Tailored solution

Modular approach

The Condor Credit Risk Suite comes with extensive user documentation of the included methodology and calculations, offering transparency and comfort

Modular approach

Clear documentation

Condor Credit Risk Suitecomes with extensive documentation of the included methodology and calculations. Test evidence is available upon request.

Clear documentation
Flexible data structure

Flexible data structure

Whether you have a fixed data format or many different files, the Condor Credit Risk Suite can handle it. Configure automated data checks and corrections, which are logged in the system to ensure a full audit trail

Robust calculation engine

Robust calculation engine

The Condor Credit Risk Suite is the result of over two decades experience in credit risk management, stress testing and financial reporting. Our models are based on best market practices for credit risk modelling

Customization

Still want more?

You can develop custom calculation routines yourself using our software development kit. Our platform is also able to connect to other web APIs to leverage the results of your existing infrastructure

Our experience

Read our related publications and see what we have done for our clients