curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/ecl-12m \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"pd_12m": 0.008,
"lgd": 0.45,
"ead": 1000000,
"discount_rate": 0.055
}
'{
"success": true,
"data": {
"ecl_12m": 3600,
"pd": 0.008,
"lgd": 0.45,
"ead": 1000000
}
}{
"detail": "Invalid API key"
}{
"detail": "Insufficient credits. This endpoint requires 5 credits."
}{
"detail": [
{
"loc": [
"body",
"cet1_capital"
],
"msg": "field required",
"type": "value_error.missing"
}
]
}Calculate 12-Month Expected Credit Loss
Calculates 12-month Expected Credit Loss (ECL) for Stage 1 financial assets under IFRS 9. Formula: ECL = PD_12m * LGD * EAD * discount_factor. The 12-month ECL represents expected credit losses from default events in the next 12 months, discounted to present value using the effective interest rate. Use this for Stage 1 loan loss provisioning, quarterly financial reporting, and regulatory capital calculations for performing loans with no significant increase in credit risk. [Tier: ENTERPRISE, Credits: 10]
curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/ecl-12m \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"pd_12m": 0.008,
"lgd": 0.45,
"ead": 1000000,
"discount_rate": 0.055
}
'{
"success": true,
"data": {
"ecl_12m": 3600,
"pd": 0.008,
"lgd": 0.45,
"ead": 1000000
}
}{
"detail": "Invalid API key"
}{
"detail": "Insufficient credits. This endpoint requires 5 credits."
}{
"detail": [
{
"loc": [
"body",
"cet1_capital"
],
"msg": "field required",
"type": "value_error.missing"
}
]
}Authorizations
API key for authentication. Get your key at https://api.fincept.in/auth/register
Body
12-month Probability of Default (0-1)
0 <= x <= 10.008
Loss Given Default (0-1) - proportion of exposure lost if default occurs
0 <= x <= 10.45
Exposure at Default - outstanding balance plus undrawn commitments
1000000
Discount rate (effective interest rate) for present value calculation. Use 0 for no discounting.
0.055