The IFRS9.NXT solution offers an unparalleled user experience with IFRS 9 required calculations and simulations for millions of contracts being run in minutes. The solution covers the three main requirements of the IFRS 9 standard: Classification, Measurement and the computation of Expected Credit Losses (ECL).
Classification of assets is done via a rules-based or questionnaire approach providing clients with an end-to-end audit trail. Measurement includes the computation of Effective Interest Rates (EIR) and Fair Value of financial instruments. The Expected Credit Loss calculation is the main component of the solution with built-in PD/LGD/EAD curve modeling approaches for which users can trigger on the fly calculations/simulations with updated configuration, new macro-economic forecasts and/or stressed contract attributes such as ratings and interest rates.
The user-friendly setup makes it easy for the end-user to make configuration changes and see the impact of these through the variance analysis framework.
Today’s Technology allows Financial Institutions to run what-if analysis on the fly and present results in no time. Given the current economic climate and in line with upcoming regulations, this is no longer a nice to have but a crucial strategic element.
Matthias Coessens
Managing Director Europe | ElysianNxt
Unlock the power of IFRS9.NXT to reshape and revolutionize your risk management practices.
We continue to innovate and develop our information technology infrastructures to strengthen our business in the midst of developing trends and highly dynamic needs. Together with ElysianNxt, we do a lot of leaps in system renewal to meet the very complex needs.
Rico Usthavia Frans
It’s an honour for our company to be able to collaborate again with one of the best ECL Calculation Solution Providers.
Muhammad Ichsan Prasetyo
Cantersteen 47
Brussels 1000
Belgium
29/1 Piya Place Building, Tower B 11th Floor Unit 11E, Langsuan Ploenchit R., Lumpini
Pathumwan
Bangkok 10330
Thailand
Menara BCA LT 50 Regus Grand Indonesia 5016-5017 JL MH Thamrin No 1
Jakarta Pusat
Indonesia