IFRS 9 Impairment Management and More Competitive Use of Capital

The FICO^® IFRS 9 Impairment Management Solution brings financial institutions into compliance on time and in a competitively advantageous position. This brief includes detailed descriptions of the solution’s model, software and consulting components. It provides a comprehensive view of what’s involved in performing forward-looking, from day-one loss estimation in a reliable, repeatable manner. Learn what FICO can do to help clients understand the potential impact of IFRS 9 loss estimation on your portfolios and operations, and the proactive measures that you can take to improve results at implementation. The FICO^® IFRS 9 Impairment Management Solution provides a framework for driving business performance improvements that contribute to higher levels of return on risk-adjusted assets going forward. 

With FICO^® IFRS 9 Impairment Management Solution, financial institutions can:

Comply

• Efficiently transition to forecasting portfolio impairment based on day-one estimates of expected risk exposure
• Implement a disciplined, reliable, transparent and fully governed loss estimating and reporting process

Compete

• Adjust credit lifecycle decision strategies proactively for better results at implementation
• Leverage compliance processes and software to drive continued performance improvements