News / 2020

IFRS 9 Expected Credit Loss Solution ECLpro Released

January 6, 2020

EVMTech is proud to announce the releases of ECLpro, an IFRS 9 technology solution for calculation of expected credit loss (ECL). ECLpro covers a wide range of fixed-income assets with high granularity on default models addressing asset, country and sector specific credit risk profiles. ECLpro supports user-defined scenarios as well as Monte Carlo ECL. In the case of Monte Carlo ECL, no specific scenario design, including scenario probability calculation, is required, as the solution generates a large number of scenarios with equal probabilities and performs ECL calculations for each of the scenarios. For more information on ECLpro please contact us at

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