COMPIRICUS Loan Evaluation Tool for SAP CML

Guarantees users the highest precision in the calculation of present values and clean values

This turns your SAP CML into a first-class present value calculator. Correct. Cost-efficient. Comfortable.

Together with several insurance companies, we have developed a solution that guarantees SAP CML users the highest precision in calculating present values, clean values and interest rate sensitivities such as convexity and duration: The COMPIRICUS Loan Valuation Tool for SAP CML. It completes a gap in the Market Risk Analyzer standard and, through seamless integration, makes it the “single point of truth” for generating market-compliant valuations while taking into account the following calculation logics:

BGB termination right

Assumption: the borrower exercises the right of termination at the earliest possible...

Unscheduled repayment right

Assumption: the borrower has the right to repay once a year a certain amount...

Spread to calibration

Calculation of the present value by means of the stored valuation curve on the basis of the...

Functional process of the tool

Customer feedback

“COMPIRICUS implemented the legal and customer-specific requirements to our complete satisfaction and supported us with their know-how during the project. The cooperation was professional and solution-oriented at all times.” (Michael Sprößig, IT Coordination, ERGO Versicherungsgruppe AG)

Present value calculator of the extra class

Excellent interaction between the COMPIRICUS Loan Valuation Tool for SAP CML and the SAP Market Risk Analyzer for the generation of correct net present values.

At a glance – Worth knowing

The Gap: Incomplete present value calculation in the standard

If, in the calculation of present values and clean values for loans

  • the option price for the BGB right of termination is not taken into account,
  • the option price for unscheduled repayments is missing,
  • the valuation curve does not correspond to the curve from which the interest rate on the loan is derived,
  • sensitivity ratios are not calculated correctly

A subsystem or functionality outside SAP is required to generate valuations in line with the market. This is cumbersome, error-prone, and costly.

Highest precision in the calculation of present values and clean values in SAP CML

The “COMPIRICUS Loan Valuation Tool for SAP CML”, which has been tried and tested in corporate practice, extends the present value calculation from the Market Risk Analyzer to include loan-specific features such as the following

  • calculation of a spread to the valuation curve for the purpose of calibrating the present value and avoiding reserves and encumbrances in the case of loan commitments, as well as rollover and use of this spread in all present value calculations during the term of the loan,
  • consideration of the statutory right of termination (§ 489 BGB) in the present value calculation. Failure to take the right of termination into account may result in the loan portfolio being reported at too high a market value,
  • inclusion of unscheduled repayment rights in the valuation of loans,
  • calculation of convexity and duration for loan portfolios as part of the present value calculation.

Companies that manage loan portfolios in SAP CML and want to calculate correct present values, clean values and interest rate sensitivities for them.

Many advantages that significantly facilitate the daily work routine

  • correct and audit-proof recorded present values for loans, taking optionalities into account
  • compliance with auditor requirements (e.g. IFRS 13 compliant calculation of loans)
  • avoidance of excessive hidden reserves
  • subsystems become obsolete
  • only 1 “single point of truth”

The SAP modules SAP CML and SAP TRM-MRA (Market Risk Analyzer) must be licensed and at least SAP CML must be implemented.

Since the COMPIRICUS Loan Evaluation Tool for SAP CML integrates with the SAP standard of SAP TRM-MRA, only on-premise usage is possible.

Please contact us for more information:


For USA + ROW call:
+1 714 614 3399

For DE + EU call:
+49 211 64949-301

The COMPIRICUS Loan Evaluation Tool for SAP CML is used by insurance companies of different sizes.

Do you have any questions regarding the topic Loan Evaluation Tool?

Privacy policy *

We are here for you

Contact us if you would like a personal meeting or further information.

Michael Mansen | Managing Director
Michael Mansen | Managing Director+1 617-895-7977