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- Delivery
- Calculation
- Financial Accounting
- Reporting
“Purchased or originated credit impaired deals” (POCI) deals POCI deals are processed in stage 3 in the solution similar to standard loans.
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- For POCI deals, the credit-adjusted EIR (caEIR) is used to discount the recovery cash flows while calculating the recoverable amount.
There are two options how to deal with the caEIR:
-The caEIR is delivered instead of the EIR in the same data field for the ratio import for loans.
-The caEIR is calculated in the solution. In this case the estimated cash flow plan of a POCI deal is used to calculate the caEIR. - A different accounting logic is applied for POCI deals.
- Specific reporting requirements need to be fulfilled for POCI deals. The solution provides the necessary quantitative measures in a specific data mart. The solution does not support qualitative data for POCI disclosure requirements.
POCI processing is also available as a cloud service. For more details, click here.