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Description
EcoActive serves as an AI-driven solution for managing disclosures, aiming to integrate financial and ESG reporting in a cohesive and regulated setting. This platform allows organizations to optimize their complex reporting procedures, minimize manual workloads, and enhance the precision of regulatory disclosures. By leveraging automation, structured data management, and regulatory insights, EcoActive provides comprehensive workflows that encompass everything from data gathering and validation to the final stages of reporting.
Additionally, the platform acts as a centralized repository for financial and sustainability data, guaranteeing consistency in figures, narratives, and disclosures. With features like automated tagging, alignment with taxonomies, and audit-ready data lineage, EcoActive makes compliance with international standards such as CSRD, ESRS, IFRS, and XBRL-based requirements more manageable.
Furthermore, EcoActive addresses the issue of disjointed systems by seamlessly integrating financial and ESG data into a singular, coherent workflow, thereby enhancing overall operational efficiency. This integration not only streamlines processes but also fosters a more holistic view of an organization’s performance across various metrics.
Description
Estimator 9, developed by FineIT Private Limited, serves as a dedicated automation platform for managing IFRS 9 Expected Credit Loss (ECL) calculations, particularly tailored for international financial institutions. This innovative solution provides audit-ready risk assessments via a comprehensive automated, model-driven system.
The platform facilitates complete ECL calculations by incorporating critical risk variables, including PD, LGD, and EAD modeling, while also integrating relevant discounting factors.
It employs a three-stage classification system along with automated detection of Significant Increases in Credit Risk (SICR).
Moreover, it includes macroeconomic scenario modeling and anticipatory adjustments to ensure full compliance with IFRS 9 standards.
With a deployment footprint spanning over 56 institutions across more than 40 countries, Estimator 9 seamlessly integrates with essential banking systems and general ledgers.
Additionally, it features automated disclosures, stress testing, and validation tools that adhere to GPPC guidelines, thereby ensuring the accuracy and reliability of the data.
Endorsed by Big 4 audit firms, the platform guarantees fast, transparent, and dependable ECL reporting, making it an invaluable resource for financial entities.
API Access
Has API
API Access
Has API
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Integrations
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Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Rs 10000
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
EcoActive
Country
United States
Website
ecoactivetech.com
Vendor Details
Company Name
FineIT Private Limited
Founded
2001
Country
Pakistan
Website
fineit.io
Product Features
Product 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