curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/sicr \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"origination_pd": 0.008,
"current_pd": 0.022,
"threshold_absolute": 0.005,
"threshold_relative": 2
}
'{
"success": true,
"data": {
"significant_increase": true,
"origination_pd": 0.008,
"current_pd": 0.022
}
}Test for Significant Increase in Credit Risk
Determines whether a financial asset has experienced a Significant Increase in Credit Risk (SICR) under IFRS 9, which triggers the transition from Stage 1 (12-month ECL) to Stage 2 (lifetime ECL). Tests both absolute and relative thresholds: absolute threshold checks if PD increase exceeds a fixed amount (e.g., 0.5%), relative threshold checks if current PD is a multiple of origination PD (e.g., 2x). Either trigger results in SICR. Use this for loan staging decisions, ECL provisioning methodology, and audit documentation of stage transitions. [Tier: ENTERPRISE, Credits: 10]
curl --request POST \
--url https://api.fincept.in/quantlib/regulatory/ifrs9/sicr \
--header 'Content-Type: application/json' \
--header 'X-API-Key: <api-key>' \
--data '
{
"origination_pd": 0.008,
"current_pd": 0.022,
"threshold_absolute": 0.005,
"threshold_relative": 2
}
'{
"success": true,
"data": {
"significant_increase": true,
"origination_pd": 0.008,
"current_pd": 0.022
}
}Authorizations
API key for authentication. Get your key at https://api.fincept.in/auth/register
Body
Probability of Default at origination/initial recognition
0 <= x <= 10.008
Current Probability of Default
0 <= x <= 10.022
Absolute PD increase threshold (e.g., 0.005 = 0.5%). SICR if current_pd - origination_pd > threshold
0.005
Relative PD increase threshold (e.g., 2.0 = doubling). SICR if current_pd / origination_pd > threshold
2