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For financial institutions, IFRS 9 compliance can be a complex and time-consuming process, requiring precise calculations, data validation, and strict auditability. Traditional approaches often involve multiple systems, manual interventions, and lengthy implementation periods. But what if there was a way to streamline this process without sacrificing accuracy or compliance? Enter Anchor Point Risk’s IFRS 9 Calculator, an innovative, fully automated solution that significantly reduces implementation time while ensuring seamless, transparent, and auditable ECL calculations.
Why Financial Institutions Are Choosing Anchor Point Risk
As financial markets evolve, institutions need more agile and efficient solutions to manage risk and regulatory requirements. Anchor Point Risk’s IFRS 9 Calculator stands out in several key areas:
Data fragmentation and reconciliation challenges often lead to inconsistencies in IFRS 9 reporting. Anchor Point Risk centralises all ECL calculations in one platform, ensuring data accuracy, transparency, and a clear audit trail—minimising risk and reducing reporting complexities. Designed to handle high data volumes, the system efficiently produces 12-month and lifetime ECL estimates across all scenarios.
Anchor Point Risk’s modular approach allows organisations to easily and efficiently customise the calculator for rating, pricing, and valuing counterparties. This flexibility ensures that institutions can align their IFRS 9 framework with their specific operational and regulatory requirements.
Unlike traditional IFRS 9 solutions that take months to integrate, Anchor Point Risk’s fully automated workflow enables institutions to go live in just two weeks. This rapid deployment allows banks and financial institutions to stay ahead of regulatory deadlines and focus on core operations.
Datasets can be imported or replaced from various sources, to easily update and prepare data. Easy to scale and consistently prepared, the data is stored in a high-performance Parquet format that allows for storage and integration efficiency.
All results are securely stored for reporting, back testing, and disclosures. Designed for transparency and compliance, results can be easily compared against actual performance to evaluate IFRS 9 predictions.
Beyond technology, successful IFRS 9 implementation requires expert support. Anchor Point Risk provides end-to-end assistance, including training, documentation, integration support, and ongoing customer service—ensuring a smooth and stress-free transition.
A Smarter Future for IFRS 9 Compliance.
