Prescio Loan Quality Forecast System (PLQFS)

The Prescio Loan Quality Forecast System (PLQFS) allows for tracking and forecasting the expected changes in the credit quality of its loan portfolio.

The Prescio Loan Quality Forecast System (PLQFS) is a 3-tier application which is primarily used by the Credit Management and Portfolio Risk Management Groups. This WAN based system allows for multiple users and a flexible operating schedule. The application facilitates an organized and efficient credit review process.

The Prescio Loan Quality Forecast System (PLQFS) replaced a previously existing LAN based system which was used in tracking and forecasting the migration of commercial and real estate loans between grades/ratings, and which was used in forecasting the loan loss reserve allowance.

The PLQFS application calculates the expected changes in credit quality based upon:

  • Known or expected changes in credit risk grades/ratings;
  • Expected changes in loan volumes; and
  • Expected loss factors.