A leading Development Finance Institution (DFI) engaged Aspect Advisory to enhance its Expected Credit Loss (ECL) models, risk-based pricing capabilities, and IFRS 9 reporting. The institution required a modernised, automated approach to ECL calculations and risk-based pricing, moving away from complex manual processes to a web-hosted application that streamlines reporting, improves accuracy, and ensures seamless data integration.
To meet the institution’s objectives, Aspect Advisory developed a centralised, automated pricing and reporting platform with a user-friendly web interface, ensuring efficiency, accuracy, and compliance with IFRS 9 standards.
The implementation of the automated ECL and pricing tool led to significant operational and analytical improvements across the institution.
1.The Shift to Automated ECL & Pricing Models in Banking
2. Data Integration: A Game-Changer for Risk & Pricing Analytics
3. The Future of Risk-Based Pricing & ECL Calculations
As financial institutions continue to digitise risk assessment and pricing models, key trends shaping the future include:
By automating the ECL and risk-based pricing tools, Aspect Advisory enhanced operational efficiency, risk accuracy, and regulatory compliance for the DFI.
The transformation from manual models to a centralized, automated web-based platform has empowered the institution to make faster, data-driven lending decisions, improve risk forecasting, and streamline IFRS 9 reporting.
This case study highlights the growing need for automation in risk management and how digital transformation can drive efficiency, accuracy, and compliance in financial institutions.