IFRS 9 · Expected Credit Loss

ECLHive

Turn your loans and receivables book into audit-ready ECL staging, provision calculations, and disclosures — without building PD/LGD/EAD models in spreadsheets.

✓ Reviewed by Chartered Accountants   ✓ Built for banks, NBFCs & lenders

ECLHive dashboard showing ECL staging and provision matrix
Reviewed by Chartered Accountants Audit-Ready Output Bank-Level Data Security

Still modelling ECL in Excel?

IFRS 9 expected credit loss models are complex, hard to validate, and easy to break when a portfolio changes. ECLHive replaces the manual modelling with a system built for it.

The Problem

Staging exposures into Stage 1, 2, and 3 by hand across a growing portfolio is slow and inconsistent between reporting periods.

With ECLHive

Staging rules apply automatically based on your SICR criteria, with every migration logged and explainable.

The Problem

Auditors ask how your PD, LGD, and EAD assumptions were derived, and reconstructing the logic from old spreadsheets takes days.

With ECLHive

Every assumption, overlay, and calculation step is documented and attached — ready to defend in an audit review.

The Problem

Forward-looking macroeconomic overlays get applied inconsistently, with little record of how or why they were adjusted.

With ECLHive

Forward-looking overlays are applied transparently, with documented scenarios and weightings ready for disclosure.

How ECLHive Works

1

Import Your Portfolio

Load your loans, receivables, or investment exposures directly, or import your existing portfolio in one go.

2

System Stages & Calculates

Exposures are staged automatically and PD/LGD/EAD-based ECL is calculated instantly.

3

Apply Overlays & Review

Apply forward-looking overlays and review provision movements, all with a full audit trail.

4

Export Disclosures

One click bundles the provision matrix, journals, disclosures, and evidence — ready to send.

How ECL Is Calculated

ECLHive applies the IFRS 9 three-stage general approach, so every exposure's measurement basis is transparent and auditable.

ECL
Expected Credit Loss
=
PD
Probability of Default
×
LGD
Loss Given Default
×
EAD
Exposure at Default

Stage 1 · Performing

12-Month ECL

No significant increase in credit risk (SICR) since origination. Loss allowance is measured on expected losses over the next 12 months.

ECL = PD(12m) × LGD × EAD

Stage 2 · Underperforming

Lifetime ECL

A significant increase in credit risk has been identified since origination, based on your SICR criteria. Loss allowance moves to a lifetime basis.

ECL = PD(lifetime) × LGD × EAD

Stage 3 · Credit-Impaired

Lifetime ECL

Objective evidence of impairment exists at the reporting date. Interest revenue is calculated on the net carrying amount.

ECL = LGD × EAD (PD = 100%)

Forward-looking overlays are then applied by weighting multiple macroeconomic scenarios, so the final provision reflects more than just historical loss experience.

Upside Scenario

15%

Base Scenario

60%

Downside Scenario

25%

Staging & SICR Assessment

Exposures are classified into Stage 1, 2, and 3 automatically based on your significant increase in credit risk (SICR) criteria, with every stage migration logged and explainable.

PD / LGD / EAD Modelling

Probability of default, loss given default, and exposure at default are calculated per exposure, with assumptions documented and traceable back to source data.

Provision Matrix

A simplified approach provision matrix is available for trade receivables, built from ageing buckets and historical loss rates, ready for review each period.

Forward-Looking Overlays

Macroeconomic scenarios and overlays are applied transparently, with documented weightings so every adjustment can be explained and defended.

Journals

Journal entries for provision movements, write-offs, and recoveries are generated automatically and mapped to your chart of accounts.

Disclosures

IFRS 9 disclosure notes — including staging reconciliations and provision movements — are compiled directly from your live portfolio, ready for review.

Request a Live Demo

See ECLHive working with a real loan or receivables portfolio. Fill in your details below and our team will email you to schedule a walkthrough.

See ECLHive in Action

ECLHive staging summary screen

ECL Staging Summary

ECLHive provision matrix screen

Provision Matrix

ECLHive disclosure note screen

Disclosure Note

Spreadsheet vs. ECLHive

  Excel Spreadsheet ECLHive
Staging exposures Manual, inconsistent Automatic, rule-based
PD/LGD/EAD assumptions Hard to trace Documented per exposure
Forward-looking overlays Applied inconsistently Transparent & documented
Growing portfolios Slows down significantly Scales without extra effort
Audit trail Hard to reconstruct Full calculation history

Simple, volume-based pricing — cost depends on the size of your loan or receivables portfolio. Talk to us for a quote tailored to your business.

Frequently Asked Questions

Can I import my existing loan or receivables book?

Yes. We help you migrate your current portfolio data during setup, so you don't start from zero.

Does ECLHive support the simplified approach for trade receivables?

Yes. ECLHive supports both the general approach (staging with PD/LGD/EAD) and the simplified provision matrix approach for trade receivables.

How is ECLHive priced?

Pricing is volume-based, depending on the size of your portfolio. Get in touch for a quote specific to your business.

How long does setup take?

Most teams are up and running within a few days, once your portfolio data is migrated and reviewed.

Does ECLHive support scenario weighting for forward-looking overlays?

Yes. You can define multiple macroeconomic scenarios (e.g. base, upside, downside) with their own probability weightings, and ECLHive applies them consistently across the portfolio each period.

How does ECLHive decide between 12-month and lifetime ECL?

Staging follows your defined SICR (significant increase in credit risk) criteria — days past due, credit rating migration, watchlist status, or custom triggers. Stage 1 exposures use 12-month ECL; Stage 2 and 3 move to lifetime ECL automatically.

Is my data reviewed by a real accountant?

Yes. Every ECLHive workspace is reviewed by our Chartered Accountants as part of the standard workflow.

Ready to set up ECLHive?

Book a free 15-minute walkthrough and get your portfolio migrated into your first IFRS 9 workspace.

Book a Free Walkthrough