IFRS9 Solutions
Elysian IFRS 9.NXT
Because of the forward-looking nature of IFRS 9, the number of calculations required is massive. For a portfolio of 1 million loans, 132 million data points need to be calculated. This is 10 times greater compared to IAS39, which was historical based. With traditional systems, you have to wait for days after the month-end close for a report to come out. Are you truly happy to spend a significant amount of money and time in implementing a system that might produce a report on time? IFRS9.NXT is built on a loosely coupled state-of-the-art microservices architecture. This allows for a much easier way to implement and upgrade the product going forward.IFRS9.NXT is built on a loosely coupled state-of-the-art microservices architecture. This allows for a much easier way to implement and upgrade the product going forward.
01
REAL -TIME PERFORMANCE
The real-time nature of our solution helps users to use the system in interactive mode, change and compare models and run live simulations
02
AI DRIVEN USER PERFORMANCE
Intuitive interfaces in combination with real-time health checks will guide users through their daily activities
03
EMBEDDED GOVERNANCE
Our solution embeds governance from ground-up and provides strict controls where needed for regulatory models