IFRS 9/17 and CECL are considered the most significant accounting changes in a decade
Accelerate change. With us.
With our in-depth IFRS9 experience we are prepared to find customized solutions also for your business. We have implemented IFRS9 ECL models with leading insurance companies in Europe.
Our approach is easily adaptable and can be implemented also in your organization, and even faster using SigmaQ’s credit risk data (>35’000 corporate PDs with underlying macro-economic models, > 100’000 LGDs).
We work with (Re-) insurers on the following topics
IFRS 9 / CECL
Macro-Models &
Stress Testing
Credit Portfolio
Models
Credit Risk Data
IFRS 9: Practical insights
Our IFRS 9 projects have led us to many practical insights when implementing credit expected loss models. Insurers in particular often face the problem of missing PD methods and macroeconomic models.
In our presentation, we will show how to efficiently implement IFRS 9 (and CECL) ECL and avoid some of the pitfalls that many companies run into when working with off-the-shelf solutions.
