A fresh take on risk and valuation

IFRS 9 framework and Target Operating model

Client

Belgian bank

Keywords

•    IFRS 9 impairment model
•    IFRS 9 Expected Loss calculations 
•    Risk related dashboards
•    Model performance metrics

Context

With the adoption of the IFRS 9 standard for financial instruments, the client needed to comply with the rules addressing (1) the new classification and measurement methods of financial instruments and (2) the new impairment rules based on the estimates of expected credit losses. 
Finalyse has been approached to:

Therefore setting up a full framework allowing for the successful implementation of the new accounting standards for the impairment process compliant with IFRS 9. 
The impairment calculation model has been audited and validated since.

Benefits of the provided solution

Key success factors