Automation of IFRS9 requirements

End-to-end automation of IFRS9 requirements: classification of financial instruments, measurements, calculation of expected credit losses (ECL).
Key advantages:
  • International experience: more than 15 completed projects in 10+ countries around the globe
  • Quick implementation: doable in 3 months thanks to the standard out-of-the-box configurations
  • Full compliance: classification and measurements, calculation of expected credit losses, hedge accounting
  • Modeling of risk factors for ECL calculation (PD, LGD, EAD)
  • Cloud service available (IFRS9 SaaS)
3 months
implementation timeline
How can we help you?
Contact us
Or call 495 984-25-13
How does this work?
Calculation of economic indicators for IFRS9, such as amortized cost of financial instruments, EIT and valuation reserves is performed based on the best-in-class system, Finastra Fusion Risk. The Fusion Risk system has extensive functional capabilities for automation of IFRS9 key requirements:

  • Classification of financial instruments according to IFRS9 including qualitative and quantitative SPPI tests 
  • Calculation of amortized cost, factoring in events of the contract lifecycle (early repayment, arrears, restructuring, etc.), as well as the calculation of the effective interest rate (EIR)
  • Calculation of amortization for commissions, fees and of penalties using linear and EIR methods
  • Calculation of ECL and Loss Provisions for all impairment stages
Flexible Significant Credit Deterioration (SCD) business rules Creation and management of risk factor models (Point-in-Time PD, LGD, and EAD) and monitoring of SCD for assets is performed with the use of the Neoflex Datagram technological platform. Our Datagram platform is seamlessly integrated with Fusion Risk. We offer our customers both customized on-premises implementations as well as a subscription to the standardized cloud calculator, IFRS9 SaaS.
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21 Ноября 2018

FINCA Impact Finance goes live with Finastra to meet regulatory standards

Fusion Risk to streamline lending business operations and provide full compliance with international...

29 Октября 2018

Lombard Bank Malta reaching IFRS9 compliance with Neoflex and Finastra

New IFRS9 Solution is aimed to enable Lombard Bank manage and optimise its expected loss provisions

27 Марта 2018

Neoflex is expanding expert assessment in IFRS 9 automation

At the Finastra Universe conference in Singapore representatives of Neoflex shared their design experience in...

31 Октября 2018

Modeling expected credit loss factors under IFRS9: from theory to practice

Alexey Antonov presented approaches to calculate the reserves for covering the Expected Credit Losses (ECL)...

24 Июля 2018

IFRS9: experience of successful implementations

Tatyana Kosareva told the Connect magazine about the specificity of implementation and automation of...