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Banks typically rely on specialized credit risk and ECL platforms rather than basic spreadsheets to handle expected credit loss calculations, mainly because of the complexity and regulatory pressure around IFRS 9. In practice, many institutions use purpose-built ECL software that can pull data from multiple systems, apply staging rules, run macroeconomic scenarios, and produce audit-ready reports without too much manual effort. The real value of these tools isn’t just compliance, it’s consistency, transparency, and the ability to explain results clearly to management and auditors. While no single solution fits every bank perfectly, most teams look for software that reduces manual work, supports scenario analysis, and makes the ECL process more reliable and easier to manage.
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