ElysianNxt hosts exclusive Release 10 (R10) training session in Indonesia

Wassima Nadi
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02.04.2024

At ElysianNxt, we’re dedicated to leading innovation in financial solutions globally. We recently hosted a training session in Indonesia for our esteemed clients, introducing our latest offering, Release 10 (R10). This event highlighted R10’s ability to revolutionize data management, streamline reporting workflows, and improve financial risk management.

Why does Release 10 hold the key to elevating your risk management?

Improved IFRS9/PSAK71

One of the key highlights of R10 is its ability to massively improve the IFRS9/PSAK71 Expected Credit Loss (ECL) process. Through innovative features financial institutions can enhance their risk management frameworks and ensure compliance and regulatory requirements.

Comprehensive Credit Risk functions

Furthermore, R10 empowers organizations to manage all their financial risks effectively with Basel.NXT. With extensions to Interest Rate Risk in the Banking Book (IRRBB) and Credit spread Risk in the Banking Book (CSRBB), as well as enhanced Credit Risk features within Basel Credit Risk, R10 provides a comprehensive solution for mitigating financial risks and optimizing capital management’s strategies.

A Promising Outcome

The training session served as an opportunity for our clients to explore R10’s functionalities in-depth. Through an interactive session, attendees had the chance to learn how R10 can drive operational efficiency, enhance decision-making processes and drive sustainable growth.

As a trusted partner to financial institutions worldwide, ElysianNxt remains committed to empowering our clients with innovative solutions that enable them to thrive in a rapidly evolving landscape. With R10, we continue to push the boundaries of technology and deliver value-driven solutions that address the unique risk management challenges faced by our clients.

In conclusion, the training session in Jakarta was an applauding success, showcasing the immense potential of Release 10 to transform the way financial institutions manage data, streamline reporting processes and mitigate financial risks. We look forward to continuing our journey of innovation and partnership with our clients as we navigate the ever-changing dynamics of the financial industry together.

Stay tuned for more updated insights from ElysianNxt, as we continue to lead the way in delivering innovative solutions for financial institutions worldwide. Don’t forget to check out our e-brochure for comprehensive information on our latest offerings. Additionally, our official Release 10 video will assist you in navigating this new feature.

If you seek more information about our Release 10 product, we cordially invite you to pursue our booklet.

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