curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/ecl-lifetime \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"pd_curve": [
0.015,
0.02,
0.025,
0.03,
0.035
],
"lgd": 0.45,
"ead_curve": [
1000000,
800000,
600000,
400000,
200000
],
"discount_rates": [
0.055,
0.055,
0.055,
0.055,
0.055
]
}
'{
"success": true,
"data": {
"lifetime_ecl": 65250
}
}{
"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 Lifetime Expected Credit Loss
Calculates Lifetime Expected Credit Loss (ECL) for Stage 2 and Stage 3 financial assets under IFRS 9. Uses time-series curves of PD, EAD, and discount rates over the expected life of the instrument. Formula: sum over all periods of (PD_t * LGD * EAD_t * discount_factor_t). Lifetime ECL captures all expected credit losses over the remaining life of the instrument. Use this for Stage 2 (SICR) and Stage 3 (credit-impaired) loan loss provisioning and financial reporting. [Tier: ENTERPRISE, Credits: 10]
curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/ecl-lifetime \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"pd_curve": [
0.015,
0.02,
0.025,
0.03,
0.035
],
"lgd": 0.45,
"ead_curve": [
1000000,
800000,
600000,
400000,
200000
],
"discount_rates": [
0.055,
0.055,
0.055,
0.055,
0.055
]
}
'{
"success": true,
"data": {
"lifetime_ecl": 65250
}
}{
"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
Probability of Default for each period over the life of the instrument (e.g., annual PDs for a 5-year loan)
0 <= x <= 1[0.015, 0.02, 0.025, 0.03, 0.035]
Loss Given Default (0-1) - assumed constant over life
0 <= x <= 10.45
Exposure at Default for each period (may decrease for amortizing loans or increase for revolving facilities)
[1000000, 800000, 600000, 400000, 200000]
Discount rates (effective interest rate) for each period for present value calculation
[0.055, 0.055, 0.055, 0.055, 0.055]