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Estimator 9, created by FineIT Private Limited, is an advanced automation platform specifically designed for the management of IFRS 9 Expected Credit Loss (ECL) calculations, catering primarily to international financial institutions. This pioneering solution delivers audit-ready risk assessments through a thorough and automated, model-driven approach.
The platform enables complete ECL calculations by integrating essential risk parameters such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), while also factoring in relevant discounting elements.
It utilizes a three-tier classification framework paired with automated identification of Significant Increases in Credit Risk (SICR).
In addition, it incorporates macroeconomic scenario modeling and proactive adjustments, ensuring adherence to IFRS 9 regulations.
With a presence in over 56 institutions in more than 40 countries, Estimator 9 integrates effortlessly with critical banking systems and general ledgers.
Furthermore, it provides automated disclosures, stress testing, and validation tools aligned with GPPC guidelines, thereby enhancing the precision and trustworthiness of the data.
Recognized by Big 4 audit firms, the platform ensures rapid, clear, and reliable ECL reporting, establishing itself as an essential tool for financial organizations.
Its comprehensive features position Estimator 9 as a leader in the domain of ECL management, empowering institutions to navigate regulatory complexities with confidence.
What is 700Credit?
700Credit is recognized as the leading provider of credit reports, compliance solutions, and soft pull products designed specifically for dealerships in the automotive, RV, marine, and powersports sectors. Our diverse selection of services includes credit reports, prescreening and pre-qualification tools, as well as notifications for adverse actions and risk-based pricing strategies. We also offer advanced tools for detecting red flags, conducting OFAC searches, ensuring MLA compliance, identifying synthetic fraud, verifying identities, and providing score disclosure notices, among other critical solutions. A highlight of our offerings is the Compliance Dashboard, a comprehensive monitoring tool that stands out in the industry, allowing users to efficiently manage all aspects of credit reporting and compliance from a single platform. This unique dashboard actively supervises your compliance initiatives, guaranteeing adherence to all required processes. Moreover, we offer both single and multi-rooftop views to provide complete oversight of every compliance component within your organization, thereby boosting operational efficiency. By utilizing our services, you can not only enhance your business's performance but also ensure it stays compliant in an ever-evolving regulatory landscape. In doing so, you empower your dealership to thrive while minimizing risks associated with compliance failures.
Media
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Integrations Supported
Autodeals
DriveCentric
EverLogic
GoGo Car
Lightspeed DMS
Megasys Omega
Zeus Software
Integrations Supported
Autodeals
DriveCentric
EverLogic
GoGo Car
Lightspeed DMS
Megasys Omega
Zeus Software
API Availability
Has API
API Availability
Has API
Pricing Information
Rs 10000
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
FineIT Private Limited
Date Founded
2001
Company Location
Pakistan
Company Website
fineit.io
Company Facts
Organization Name
700Credit
Company Location
United States
Company Website
www.700credit.com
Categories and Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation
Categories and Features
Compliance
Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation