Creating Recovery Rates

If you cannot get recovery amount data in your data extracts, Deep Future Analytics (DFA) can use the rates entered on Category Assumptions in their calculations.

Each of the financial institution's mapped loan categories are listed on Category Assumptions.
  1. Navigate to Setup > CECL > Category Assumptions.
  2. Use the calendar to select the historical month for the recovery rates you enter.
  3. In the Enter Recovery Rate column, select Yes for the categories that are missing recovery amount data.
    Note: Recovery rates cannot be set for subcategories.
  4. For each category set to Yes, enter a Rate.
    The rates you enter are sent to DFA to be used as part of the analysis to determine the net expected loss amounts.
  5. When you have entered the necessary rates, select Save.
Parent topic: Category Assumptions