Using IFRS9 software to help banks implement the accounting standard IFRS 9
Speak to a member of the team to find out more about Aryza Evaluate
Aryza IFRS 9 software was developed as an accounting standard that allows banks to calculate an expected loss to highlight potential impairment, risks and issues which will be reported in the balance sheet.
The application of IFRS 9 has been mandatory since 01 January 2018. Since implementation of the standard, our Aryza experts have gained a wealth of experience in managing these demanding requirements using software.
We currently support numerous financial institutions with our IFRS9 software solution. Our integrated solution provides support during all phases of the impairment calculation. it allows you to create flexible models for the generation of risk parameters according to your specifications.
Modellable rules are provided for the segmentation of transactions and risk parameters and the assignment of levels (including transfer logic). Our solution also enables you to manage and calculate on-and off-balance shares, and supports optional evaluation by your analysts.
Weighted scenarios with multiple calculations give you an optimal overview of the status and predict future performance. Our software solution is of course also suitable for mass data transfers and can support multiple clients, multiple languages and foreign currencies.
Aryza Evaluate consists of these modules:
Impairment Engine – Bad Book
– Individual assessment by analysts
– Calculation according to DCF and weighted cash flows
– Commitment review, including resolutions, 4 AP etc.
– Stage 2, 3, POCI
Impairment Engine – Good Book
– Population of an institute
– EL/ELL determination using statistical methods
– Stage 1-3
Parameter Engine
– Server side JavaScripting
– Access to Aryza + external data warehouses
– Arbitrary data adjustment
– Discrete periodic collateral calculation
Risk Engine
– Stressing of risk parameters, CF, EAD
– Mapping of individual stress models using the Parameter Engine
Find out more about Aryza Evaluate, download our brochure now
Contact us
"*" indicates required fields