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LLFP System Is Not Assigning Correct ECL Method According To Stage Determination (Doc ID 3020688.1)

Last updated on MAY 08, 2024

Applies to:

Oracle Financial Services Loan Loss Forecasting and Provisioning - Version 8.0.0 and later
Information in this document applies to any platform.

Symptoms

LLFP system is not assigning the correct ECL method according to stage determination.

As per the "IFRS9 - ECL Calculation Methodology" rule configuration, a Specific Provision method should be assigned for all accounts that are in Stage 3, but the system is assigning a Provision Matrix.

Cause

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In this Document
Symptoms
Cause
Solution


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