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Default Statistic

AVRA Default Statistics is an interactive, GUI-based solution that provides end-to-end management of statistical models, helping financial institutions efficiently manage IFRS 9, Basel, and IRRBB models.

Default Statistics

AVRA Default Statistics provides a user-friendly, transparent solution for managing IFRS 9, Basel, and IRRBB models efficiently and cost-effectively.

Monthly

  • Fresh Development- The system offers a comprehensive suite of functionalities to develop models from scratch using the Bank’s own raw data.
  • Validation & Monitoring - The system is equipped with a robust quantitative validation module to assess and monitor model performance, identifying vulnerabilities.
  • Existing Calibration- The system is embedded with advanced proprietary methodologies to calibrate models even with scarce data availability and low default portfolios.
  • Automation- The system is also an efficient & auditable platform for Banks to host their existing models that are typically built on Excel sheets or SAS, R, or Python codes.
  • Reporting- AVRA offers a deep analytics & reporting framework to assist banks with scenario assessment, outcome analysis, portfolio risk monitoring, and to produce model reports for multiple stakeholders.

Basic

Monthly

Editing environment for the specification, documentation, execution, and monitoring of business rules with user workflow support; it also covers the data transformations, enrichments, and validation rules:

  • Balance sheet modeling.
  • Risk management.
  • Regulatory compliance.