IFRS 9 is approaching
and implementation takes time and costs money.
However, the IFRS software from FERNBACH can take these problems off your mind.
Do you use software by Wolters Kluwer, SAP, Oracle or Temenos?
If you do, then you have enough databases and interfaces in operation. For the current implementation of IFRS 9, you only need IFRS functionality that you can integrate into your environment quickly and at low cost.
Would you like to write concepts?
If you would, then you will know how to calculate and disclose the fair value fraction attributed to credit risk on a balance sheet and profit & loss account in accordance with IFRS.
If you need a ready-to-use solution, then we have just what you're looking for. All these business transactions have been valued and posted in our model bank.