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Solvas|TDR™ is a Deloitte-developed 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.

What are the benefits of using Solvas|TDR?

Solvas|TDR can help to significantly reduce the workload required to identify, track and report on TDRs, while also improving related controls, accuracy, transparency and auditability.

Functional highlights of Solvas|TDR include:

  • Configurable TDR policy elections
  • Meaningful dashboards to display specific metrics about the TDR portfolio
  • Rule-based TDR assessments
  • TDR impairment measurement calculations and cash flows
  • TDR tracking for the remaining term of the loan
  • Broad library of reports to help satisfy financial, audit and regulatory reporting needs
  • Drill-down capability to illustrate details that support TDR assessment results

How does Solvas|TDR work?

Deloitte has developed an easy four-step workflow process and supportable methodology to help financial institutions systematically manage their TDR accounting activities.

What insights does Solvas|TDR provide?

  • Dashboards that display important information about your TDR portfolio
  • Details to support TDR assessment results

How is Solvas|TDR delivered?

Solvas|TDR is a server-based solution that is available for local, on-premise installation; or on a hosted, subscription basis using our advanced datacenter capabilities.

For more information about this product, or to arrange a demonstration, please contact:

Hillel Caplan
Partner
Deloitte & Touche LLP
+1 212 436 5387
hcaplan@deloitte.com
Eric Benson
Manager
Deloitte & Touche LLP
+1 502 562 2096
ericbenson@deloitte.com

 

Solvas|TDR™ is a trademark of Deloitte Development LLC, a subsidiary of Deloitte LLP.

As used in this document, “Deloitte” means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

 

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