Based in the US and India, AlphaDelta brings together analytics, cloud computing and deep domain expertise so that our clients successfully navigate through ever changing regulatory & business environment. The implementation of IFRS 9/ CECL is not a pure accounting journey and is envisaged to create a closer integration of the Business, Risk Management, Finance, Treasury and IT.

Product Suite:

Platform X:

Platform X is a one-stop computation framework to help financial institutions control their risk management processes, explain results and adapt to evolving needs in a transparent, efficient and auditable way. Clients have been using Platform X to

• Calculate expected losses across every portfolio and product level.
• Develop and explore multiple modelling methodologies, perform comparative analysis between models to arrive at the optimal version, forecast metrics of risk with minimal IT involvement.
• Consolidate data, build robust modelling methodologies and furnish key reports in a seamless yet efficient way. The application framework can handle the most complex portfolios and scenarios which compliments the existing IFRS 9 infrastructure. The platform not only reduces time to implementation but also provides comprehensive support for methodologies and approaches thereby allowing customers to test and adapt easily.
• Provide an out-of-the-box loss forecasting, ‘What-If’ analysis and provisioning solution for IFRS 9 which is very user friendly.

Monitro:

Monitro is an ideal solution to integrate diverse sources of data to measure model performance. Analysts can start measuring model risk with the help of a rich library of statistical and mathematical metrics. A holistic view of models, the modeling process and model governance practices is also key aspects of validation. These various measures serve as building blocks of a comprehensive model validation framework.

Monitro brings interactive and seamless visualization in the form of Tables, Charts and Graphs to provide a holistic view of model performance. There are real-time updates, so users always see the most accurate and current information at any given time.

AlphaDelta Solutions are live across multiple banks in the Middle East.