Oracle OFSAA LLFP - Introduction to IFRS9
Overview of OFSAA Solution: LLFP
Setting up Platform and Parameters
Business Use Case
Important Steps of Implementing LLFP (IFRS9) Application
Hands on Exercise
Description:
This OFSAA 8.x Loan Loss Forecasting & Provisioning
(LLFP) training is designed to help you understand the
importance of OFSAA Loan Loss Forecasting and
Provisioning (LLFP) as part of IFRS9 (International Financial
Reporting Standards) to the bank. Expert Oracle
University instructors will teach you how to explain functionalities of
OFSAA LLFP and describe its architecture to clients.
Learn To:
Define concepts of IFRS9.
Use various tools and techniques within OFSAA.
Configure LLFP(IFRS 9) application to compute Expected
Loss Amount & EIR.
Participate in hands-on, business case exercises within
OFSAA LLFP.
Turn client requirements and data into useful project
information.
Benefits to You
When you walk away from this course, you will have
developed the skills to turn client requirements and data into useful
project information. This can then be used to take action
to implement LLFP at a bank or financial institution. The course
is primarily focused on the Loan Loss Forecasting and
Provisioning component, as this is the most prevalent
implementation. discuss and quiz each other as well as
the instructor.
