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Deloitte Risk and Financial Advisory offers a range of financial technology (fintech) software and services for bankers to address the administration, accounting, compliance, and surveillance demands of today’s market—and your firm’s unique needs.
The Solvas|ALLL+ platform is designed to help financial institutions address the industry challenges associated with the allowance for loan and lease losses (ALLL). Solvas|ALLL+ is a software solution that delivers a credit modeling engine that helps identify portfolio
Solvas|ALLL+ can assist with the accounting and reporting allowance requirements associated with ASC 450-20 (FAS 5) and ASC 310-10-35 (FAS 114) and can help financial institutions prepare for the transition to the current expected credit loss (CECL) model’s requirements under the Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU), Financial Instruments–Credit Losses (Topic 326).
Solvas | ALLL+
Solvas|Capital is a solution for automating enterprise-wide stress tests and helping enable efficient capital planning for banking institutions. The Solvas|Capital solution generates rapid and detailed model output and reporting that can improve the overall quality, speed, and analysis of stress test results for clear communication to key executives, management, and regulators.
Solvas|Forecast is a software solution designed to forecast cash flows for financial instruments based on a variety of user-defined assumptions. Solvas|Forecast is a flexible, scalable, and efficient cash flow forecasting tool that can accommodate diverse projection needs.
Solvas|LDC (formerly known as LDC Suite™) is a comprehensive software tool used for the administration and implementation of bank acquisitions and purchased loan portfolios. The longevity and effectiveness of Solvas|LDC in the banking community has resulted in a sustainable cost-effective tool to assist financial executives with the requirements associated with American Institute of Certified Public Accountants (AICPA) SOP 03-3 (as codified in ASC 310-30) and FAS 91 (as codified in ASC 310-20).
Solvas|TDR is a software solution that assists companies with the accounting process for loans under the troubled debt restructuring (TDR) accounting guidance (FASB ASC 310-40). The software is designed to help users efficiently track loans, identify modifications, assess modifications against user-definable TDR criteria calculate allowances, and generate related reporting such as TDR footnote disclosure details.
Tax Analysis and Information Reporting for Debt Investments Services
Investments in debt and debt securities face both challenges and opportunities in today’s environment. Traditional tax accounting that employs spreadsheets or similar applications may not be sufficient to access and track the large volumes of data associated with these investments on a highly detailed loan-level basis, let alone generate the appropriate reports. Deloitte Tax LLP’s Tax Analysis and Information Reporting for Debt Investments (TARDI) Services and advanced tax database technology have been designed for the wide range of owners of debt investments to address their tax compliance requirements and tax planning need while maintaining flexibility to pursue different investment approaches.
How we can help
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