Addressing IFRS 9 Impairment 2016

The FICO® IFRS 9 Impairment Solution is designed to help financial institutions efficiently and effectively comply with the new standard. However, it also lays the groundwork for long-term benefits. With it, institutions can:

  • Enable their bank boards and senior management to make better informed decisions
  • Proactively manage provisions and effects on capital plans
  • Make forward-looking strategic decisions for risk mitigation in the event of actual stressed conditions
  • Help in understanding the evolving nature of risk in the banking business

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