Canadian Tire Bank met IFRS 9 requirements while reducing risk

Develop and execute forward-looking analytic models

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Case Study

Client: Canadian Tire Bank Challenge: Develop and execute forward-looking analytic models that effectively predict expected losses in order to comply with IFRS 9 impairment requirements Solution: FICO® IFRS 9 Impairment Management Solution, including model development, software and consulting Results: Canadian Tire Bank accomplished one of its main priorities: to be in compliance with IFRS 9 impairment requirements. By developing such analytically rigorous models, Canadian Tire Bank was able to accomplish one of its top priorities — to be in compliance with IFRS 9 impairment requirements.

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