OFSAA 8.x Loan Loss Forecasting & Provisioning (LLFP)
Duration : 3 Days (24 Hours)
OFSAA 8.x Loan Loss Forecasting & Provisioning (LLFP) Course Overview:
The Oracle Financial Services Analytical Applications 8.x Loan Loss Forecasting & Provisioning (LLFP) course offers a comprehensive exploration of LLFP and its functionalities within the Oracle platform. Tailored for experienced Oracle professionals, the course delves into core concepts, user interface features, provisioning rule development, and reporting capabilities. By means of lectures, demonstrations, and hands-on exercises, participants acquire profound proficiency in LLFP essentials, including rationing, scoring, delinquency and reserve forecasting, and provisioning automation. Graduates of the course will possess the in-depth comprehension of LLFP architecture and vital components necessary for effective implementation and administration of Oracle’s LLFP applications.
Intended Audience:
- Professionals in the banking industry
- Finance professionals
- Risk analysts
- Credit appraisers
- Portfolio managers
- Individuals involved in loan loss forecasting and provisioning
- Professionals seeking to enhance their understanding of loan loss forecasting techniques
- Those involved in risk assessment and management
- Individuals with a basic understanding of the banking and finance domain
- Professionals aiming to implement loan loss forecasting and provisioning processes and technologies
- Employees in roles related to financial analysis, risk management, and credit assessment.
Learning Objectives of OFSAA 8.x Loan Loss Forecasting & Provisioning (LLFP):
1. Understand the fundamentals of Loan Loss Forecasting & Provisioning (LLFP) planning, process flows, and data elements
2. Learn how OFSAA 8.x supports the process and provides a comprehensive solution
3. Acquire the knowledge and skills to utilize the LLFP application framework in OFSAA 8.x
4. Learn how to configure the loan valuation and provisioning functionality
5. Practice standard analytic reports and driver based provisions using SAS & Oracle
6. Configure workflow setup and configure predictive analytics using SAS & Oracle
7. Utilise the application framework to obtain insights into risk, credit and account-level delinquencies
8. Leverage In-database processing, Scorecarding and optimization capabilities
9. Explore the roles and use of EPM cubes for treasury and hedging related analytics and data analysis.
10. Familiarize with the use of artificial intelligence in provisioning
Module 1: Oracle OFSAA LLFP – Introduction to IFRS9
Module 2: Overview of OFSAA Solution: LLFP
Module 3: IFRS9 Concepts & Methodologies
Module 4: Overview of CECL
Module 5: Modelling for IFRS9 & Reconciliation
Module 6: Details of OFSAA LLFP (IFRS 9) Solution
Module 7: User Interface, Process Flow, Data Management, Data Flow, Runchart & Reports
Module 8: Business Use Case
Module 9: Hands on Exercise
OFSAA 8.x Loan Loss Forecasting & Provisioning (LLFP) Course Prerequisites:
The Prerequisites for OFSAA 8.x Loan Loss Forecasting & Provisioning (LLFP) Training include:
• Basic knowledge of relational databases
• Working knowledge of application development (including PL/SQL programming)
• Working knowledge of OFSAA components is preferred
• Working knowledge of financial services and loan processes is preferred
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Training Exclusives
This course comes with following benefits:
- Practice Labs.
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- Access to the recordings of your class sessions for 90 days.
- Digital courseware
- Experience 24*7 learner support.
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