Off-the-shelf solution for the entire IFRS and Accounting
The lessons learned in numerous accounting projects in financial institutions in countries throughout the world have culminated in the development of the multi-GAAP accounting solution for “FlexFinance” from FERNBACH. The solution is ready today for roll-out in any financial establishment. The scope of services covers the entire process chain of accounting. As far as the banking and trading books are concerned, the application includes classification, valuation, financial accounting as well as all forms of reporting and disclosure. Moreover, it provides default analyses, risk provisioning and hedging of financial instruments.
The solution is implemented using the tried and tested BRIGHT project approach. The methodology developed by FERNBACH uses “Map & Go” and enables faster implementation at significantly reduced costs compared to conventional project procedure.
You can be sure of our support for all your pending IFRS developments.
Why not look up our reference customers and find out for yourself.