RAM’s analytics division launches new version of MFRS 9 Expected Credit Loss Solution

Published on 01 Mar 2024.

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RAM Ratings’ Analytics division today launched the latest version of its MFRS 9 SaaS, an online solution for estimating expected credit loss (ECL) for fixed income instruments, as required by the Malaysian Financial Reporting Standards (MFRS 9).

The latest version contains several enhancements which include a new user interface, improved functionalities, and new modules on risk assessments for subscribers. The new modules include a scenario builder that supports stress testing for climate risks. It joins a suite of four other ECL scenario analysers already available. For a limited period, subscribers will also have access to RAM Analytics’ flagship, RAM CreditSCAN, an online risk model. 

RAM MFRS 9 SaaS has been operational since 2018, supporting the measurement and reporting needs of financial institutions and asset managers, amongst others. Visit https://analytics.ram.com.my for more information.

 

Analytical contact
Joanne Kek
(603) 3385 2520/2536
joanne@ram.com.my / mfrs9@ram.com.my

Media contact
Sakinah Arifin
(603) 3385 2500
sakinah@ram.com.my 

 

RAM Rating Services Berhad (RAM Ratings)

Established in 1990, RAM Ratings is a leading credit rating agency registered under the Securities Commission’s Guidelines on Credit Rating Agencies. In addition to the provision of credit ratings for corporate bonds and sukuk and their issuers, RAM Ratings also provides research and publications on Islamic finance, fixed income and macro-economic and industry analysis as well as data analytics relating to credit risk, counterparty assessments and other related domains. 

Disclaimer

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