Loxon IFRS Provisioning

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Lending

Would you gain process efficiency and integrate risk assessment? Control the whole lending lifecycle from sales and decision steps all along to contracting and monitoring phases.

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Collateral Management

Missing Basel II compliant collateral analytics? Keep record of your collaterals and optimize your regulatory and economic capital requirement.

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Collection

Facing rapidly growing ratio of bad debts? Improve your collection strategies, reach more customers with your collection team and automate more to increase collected recoveries.

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Rating/Scoring

Plan to improve your decision and client monitoring practices? Centralize financial data capture, use various indicators, quantitative and qualitative measurements.

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Limit Management

Using limit based approach in corporate lending? Build your limit structure and evaluate limit usage of customers and groups according your credit policy.

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Early Warning

Need to recognize problematic exposures in an early stage? Wish to up-sell to good clients? Predict the probability of default using behavioral approach on expert or statistical base.

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Basel2

Implementing Basel II regulations? Utilize state-of-the-art risk calculation methods, maximize risk adjusted performance and become fully Basel II compliant.

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IFRS Provisioning

The Loxon IFRS Provisioning system provides a comprehensive solution for automated calculation of individual…

Loxon IFRS Provisioning

Loxon IFRS Provisioning system provides a comprehensive solution for automated calculation of individual and portfolio based Loan Loss Provisions and Impairments based on current IFRS 7 (International Financial Reporting Standards) regulations. The system automates data collection, portfolio and model building (e.g. Flow Rate Model, Vintage Recovery Model, Migration Rate Model), impairment test, provision calculation and reporting in order to reduce redundant work, standardize provisioning process, optimize provision, increase internal controls and maximize data quality and calculation reliability. Offering the option of modifying input data and parameters the system is able to execute stress tests and calculate forecasts so that the customer can analyze possible future scenarios and can be prepared for the threats of the future.

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We Can

Calculate Specific and Collective impairment using internationally standardized IFRS compliant methodology
Support different provisioning processes for different business segments
Build up and calculate standard statistical models to determine Probability of Default / Historical Default Rate and Recovery Rate (Flow Rate Model, Migration Rate Model, Vintage Recovery Model etc.)
Calculate provision allocation and release as well as year-to-date provision
Calculate unwinding of discount values
Share with you our experience in risk management and IFRS compliant system implementations in CEE, MEA
Completely integrate our solution into Your IT & business enviroment
Support the complete provision calculation process in an auditable and automated way reducing manual work

You Can

Have full control over your provisioning processes
Optimize your total loan loss provisions by using optimal collateral allocation
Split your portfolio into homogenious subportfolios and execute provision calculation on them
Analyze the risks of your portfolio
Execute stress tests, calculate forecasts and analyze possible future scenarios to be prepared for the threats of the future