ProVision —  risk assessment and provision calculation according to the IFRS9, developed together with methodologists of the EY company.

The module enables to perform all stages of losses evaluation provided by IFRS9 requirements:

• to select parameters of the significant increase of the loan risk;
• to distribute assets into reservation "bins";
• to evaluate parameters of the loan risk based on bank's historical data or external evaluations; 
• to observe the forecasted information and scenario of events course;
• to calculate the expected loan losses according to the collective and individual approach for all types of financial instruments subjected to reservtion.

ProVision's methodology is based on the leading international practice of the expected loan losses evaluation.  It provides optional features and the possibilty for customization according to the number and complexity of the bank's operations and used appoaches.

The management reporting module enables to analyze the loan risk's parameters value, volume, structure and dynamics of the expected loan losses.