A module of

the Credit Risk

Management
Platform

Financial Spreading:

Software module for capturing and analysis

of financial statements

Web-based
capturing and
analysis of financial
statements

Applicable
globally

Support of
multiple accounting
standards

Revision-proof

Calculation and
analysis of
financial ratios

SPR

FINANCIAL
SPREADING

2 | Financial Spreading module: Financial spreading and analysis

Central, web-based, fully configurable:

Software module to collect, spread and
analyze financial statements

SPR

FINANCIAL
SPREADING

Capturing and spreading financial statements and calculating financial ratios are key processes
in credit risk management. The Financial Spreading module offers a comprehensive feature set
for collecting, spreading and analyzing financial statement data, including but not limited to
balance sheets, profit and loss statements and cash flow statements. Using fully configurable
financial spreading templates, the software can calculate financial ratios no matter the
complexity and generate financial analysis reports. These reports can include peer-group
analysis to compare counterparties with similar companies in the same market or industry.

Capturing financial statements

Calculation and analysis of

Peer-to-peer and peer-group

The application allows users to

The module automatically calculates

The Financial Spreading software

capture, analyze, manage and

financial ratios, which can be

module has a wide range of

comment on financial statements

integrated into further risk rating and

comparison functions for financial

within a central web-based

loan origination processes. To

analysis (e.g. peer-to-peer, peer group

application. The system supports the

calculate financial ratios, formulas can

comparisons). In order to compare

various accounting standards, such as

be administered through MS Excel

values between different currencies

the International Financial Reporting

spreadsheets, providing a high level of

and reporting units, the values are

Standards (IFRS), US-GAAP and other

flexibility.

automatically converted.

local GAAPs. Additionally, the software

supports any number of industryspecific spreading templates.

financial ratios

comparisons

Financial Spreading module: Web-based application for financial and credit analysts to analyze
financial statement data and financial ratios
Centralized collection and management of
financial data
All native and derived financial statement
data is stored in a centralized database. This
includes financial statements that have been
captured by analysts using the web front-end
and statements that have been imported
from external data sources. The Financial
Spreading module can support all types of
financial templates and data whether
statements are captured under IFRS, USGAAP or other local GAAPs, or the company
reported them under different currency and
measurement units.

Capturing and analyzing financial statements within a central web-based application

Calculation of financial ratios

Financial ratios, such as profitability ratios
or liquidity ratios, are automatically
calculated from balance sheet and income
statement data.
The results of the financial statement
analysis are used in further rating systems
(e.g. to measure credit risk according to the
Basel IRB approach), as well as in credit
underwriting/origination processes.

Calculation of financial ratios

Generate reports and analyses

Import and export data

Track financial covenants

The Financial Spreading module lets

Financial statements can be imported

The Financial Spreading module

you generate reports in various

and exported as MS Excel files. In

enables financial covenants to be set

formats, (e.g. PDF, Word, Powerpoint).

addition, financial data can be fetched

up and tracked within the application.

The reports are fully configurable and

from external data sources, such as

Covenants can be defined on an

may contain comprehensive

local credit bureaus or other data

obligor or facility level and are subject

counterparty analysis (e.g. peer-group

providers.

to the specific credit policies of a

analysis), as well as a full history of

financial statements and ratios.

financial institution.

4 | Financial Spreading module: Financial spreading and analysis

Flexible approach:
Support of any accounting standard and bankspecific logic for financial analysis
The Financial Spreading module can be fully adapted to meet banks specific requirements.
Spreading templates are configurable and are able to reflect multiple accounting standards
(e.g. IFRS, US-GAAP) and sector-specific variations of templates and financial ratios.

Configuration of spreading templates and

financial ratios

Workflow support
The Financial Spreading module provides a standard

The templates for financial statement analysis are

workflow which is easily configurable to the organizations

configured through Excel templates, which can also define

needs, thus integrating the review (e.g. 4-eyes principle),

the positions in the statements, including multilingual

audits, and productivity metrics collection processes.

translations.

Configuration of reports and graphical analyses

In addition, the formulas for calculating aggregate values

The Financial Spreading module can generate reports in

(e.g. subtotals) and financial ratios are defined, and the

different formats (e.g. PDF, MS Word, MS PowerPoint). The

rules for validation checks are created.

reports can include all financial statement data and further

Version management and auditability

New or updated spreading templates are uploaded in the

inputs of analysts (e.g. commentary). Even more

comprehensive graphically enhanced analyses (e.g. peergroup analysis) can be integrated into the reports.

web application by users with specific privileges. This

ensures that only authorized users can deploy and/or

The report templates are configured flexibly via a graphical

activate new spreading templates.

drag-and-drop editor.

Generation of web-based user interfaces

Multi-language and multi-currency support

End users (e.g. financial analysts, credit analysts) are

The application is fully multilingual. All user interfaces can

provided with web-based user interfaces to perform the

be displayed in the preferred language of the user.

process of financial spreading and analysis. These

interfaces are used to collect, import, spread, analyze and
export financial statement data.
The web interfaces are generated from the Excel-based
spreading templates so that changes can be directly
applied.

Financial Spreading module: Financial spreading and analysis|5

The Financial Spreading module is fully adaptable to customer-specific requirements.

The configuration is made flexibly via Excel templates.

The templates for collecting,

analyzing and spreading financial
data are configured through Excel
sheets. Within these templates, you
can do the following:
yyDefine items in the financial
statements, including translations,
field formatting, and editability for
every item
yyConfigure rules for spreading of
financial statements
yyDefine formulas and calculations
(e.g. subtotals and financial ratios)
yyCreate validation rules to verify
user input and data imported from
internal / external data sources

6 | Financial Spreading module: Financial spreading and analysis

Comprehensive and modular:

The building blocks of the Credit Risk
Management Platform
The Credit Risk Management Platform offers numerous modules. The individual modules can be used
independently or as a comprehensive integrated solution.
Creation &
Configuration

Client & Facility Data Management

SPR

User
Interfaces

Workflows

Operational
Credit Risk Management

C LI

Front-Ends

Business Rules

SPR

Credit Risk
Rating

CRR

Credit Database

Credit Workflow
& Origination

ORI

Early Warning
System

EWS

Capture, spread and analyze

financial statements
Compare financial statements
between companies and peergroups
Support all accounting standards

CRR

Roles &
Authorization
Analytical
Credit Risk Management

Central
Data Storage

Financial
Spreading

FINANCIAL
SPREADING

Report
Templates

Reporting

REP

Model
Simulation

SIM

Stress Tests &

Impact Analysis

STR

Third Party
Integration
Credit Bureau
Gateway

CREDIT RISK
RATING

Implement and execute internal

and external rating models for risk
assessment
Calculate any risk parameter
(e.g. PD, LGD, EAD) for risk management (IRBA) and accounting (IFRS9)

CBG

ORI

CREDIT WORKFLOW &

ORIGINATION

Workflow-enabled processing and

decisioning on credit applications
Flexible configuration of credit
policies and underwriting processes

Financial Spreading module: Financial spreading and analysis|7

Flexible configuration of all

modules through
a graphical
administration
interface, including rules,
processes, user
interfaces and
data integration.

EWS

EARLY WARNING
SYSTEM

REP

REPORTING

SIM

MODEL SIMULATION

Establish multiple variations of

early warning indicators

Create and configure standard and

ad hoc reports

Adapt rating models and process

flows

Monitor risk in order to generate

early warning signals

Aggregate data and analyze credit

risk at the portfolio level

Simulate modified models against a

historical database

Assess and process early warning

signals

STR

STRESS TESTS &

IMPACT ANALYSIS

Create scenario simulations of

stress tests
Execute stress tests against
historical data sets
Analyze the impact of a stress
scenario on a credit portfolio level
(e.g. transition matrix)

Analyze the impact of model

adjustments

CLI

CLIENT & FACILITY

DATA MANAGEMENT

Integration with existing data

sources for seamless
synchronization of client, facility
and collateral data
Management of client relationships,
e.g. economic risk units, borrower
units

CBG

CREDIT BUREAU GATEWAY

Seamless connectivity with external

data providers (e.g. credit bureaus)
Standard connectors to major credit
bureaus
Monitoring of credit bureaus and
transactions

ACTICO
EMEA

Americas

Asia & Pacific

ACTICO GmbH
Ziegelei 5
88090 Immenstaad
Germany

ACTICO Corp.
200 S. Wacker Dr.
Suite 3100
Chicago, IL 60606/USA

ACTICO Pte. Ltd.

11 Bishan Street 21
Singapore 573943

info@actico.com
www.actico.de

info@actico.com
www.actico.com

info@actico.com
www.actico.sg

ACTICO is a leading international provider of software solutions and technologies for

decision management.
In a digital world it is necessary to process large volumes of data and make fast,
consistent and auditable decisions; that is where our software solutions provide an
advantage. Business rules and processes can be easily adapted and executed
automatically, which improves the efficiency and agility of our customers in their
competitive area. This also enables them to accelerate their growth, innovate
effectively, stay compliant and as a result, increase profits.
ACTICO provides software solutions for the areas:
yy
Credit Risk Management: Assess and monitor credit risk
yy
Loan Origination: Automate credit checks and decisions
yy
Compliance: Enable transparency, comply with regulations and avoid fraud
yy
Claims Management: Make claim settlement processes quicker, consistent and
cost-effective
yy
Client Management: Handle sensitive customer data securely from onboarding
to reporting
ACTICOs roots go back to 1997 and Innovations Software Technology GmbH, which
became part of the Bosch Group in 2008. ACTICO was formed when Bosch spun off its
financial software operations in November 2015. As an independent company, it
supports its international customers from locations in Germany, the U.S., and Singapore.

Picture Credits:
fotolia 65007546 zhu difeng
shutterstock 169608317 isak55

07/2016 RE

More information: www.actico.com