Regulatory Compliance
The following are the key features of 202304. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Financial Risk Management | IFRS9 - PD/LGD Modelling interface with Transact IFRS9 | Built on Temenos Analytics platform, IFRS9 – PD/LGD Modelling provides out-of-box models for calculating Probability of Default (PD) and Loss Given Default (LGD) using various statistical models. The values calculated in FRM are interfaced with Transact IFRS9 module to calculate Expected Credit Loss (ECL). |
| Financial Risk Management | Vanilla Instrument Pricing in Market Risk Modelling | Built on Temenos Analytics platform, Market Risk Modelling delivers an out-of-box intra-day Market Risk Modelling capability such as flexible portfolio structuring, various types of Value at Risk (VaR) and Yield Curve Models, ability to simulate VaR and Yield Curves, monitor VaR limits, perform VaR back-testing, what-if pricing, and sensitivity analysis. |
The following are the key features of 202303. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| IFRS9 Accounting | Calculating ECL on EAD using Outstanding Principal | This feature allows the Expected Credit Loss (ECL) to be calculated on Exposure at Default (EAD) using Outstanding Principal Balance. |
Monthly Release Highlights are not available in Regulatory Compliance for 202302. For the list of Reference Business Process, click here.
The following are the key features of 202301. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | PSD2 User Agent in UUX Technology | The existing PSD2 Account Information Service User Agent functionality is now built on a new Temenos UUX (Web Components) technology. |
The following are the key features of 202212. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | Including Collateral in ECL Calculations | IFRS9 is enhanced to support the collateral mitigation in ECL calculations by including the collateral in the recoverable value when it is not considered in the valuation of LGD. |
Monthly Release Highlights are not available in Regulatory Compliance for 202210. For the list of Reference Business Process, click here.
The following are the key features of 202209. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | Erasure of Data in other Temenos Systems | This functionality enables data protection and erasure of data for banks using a wider set of Temenos systems such as Temenos Transact and Infinity. |
The following are the key features of 202208. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | Takeover of Existing Contracts during Upgrade or Migration | The takeover process is introduced to handle loan contracts and/or overdraft accounts when a bank migrates or upgrades to the Definition of Default Rules functionality. |
The following are the key features of 202207. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | Accounting Treatment for Contracts at Below-Market Rates | This functionality supports the measurement and treatment of loans made at below-market rates of interest. |
The following are the key features of 202206. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Vertical | Feature | Description |
|---|---|---|
| Regulatory Compliance | IFRS9 Accounting | This feature allows banks to account on reclassification of financial assets and measure contracts based on the new business model prospectively. |