IFRS 9
The introduction of the IFRS 9 Standard has brought with it increased complexity in calculating impairment. Our team of experts cover all aspects of IFRS 9 technical and modelling requirements, from lifetime PD estimation to transfer criteria and stage allocation.
What we offer
Widely experienced
Our team has a wide range of experience from both a practitioner and consultancy perspective, helping firms assess and set thresholds for the migration of accounts from Stage 1 to Stage 2 in line with IFRS 9 requirements.
Model development and monitoring frameworks
Alongside compliant modelling and monitoring frameworks, we deliver bespoke retail and corporate models tailored to your requirements. We also provide model monitoring solutions like LUMOS to facilitate advanced model management.
Compliance with the IFRS9 Standard
Both as industry practitioners and consultants, we have a vast amount of experience in designing, managing, and supporting change. We are skilled in helping firms achieve compliance with the IFRS 9 Standard across both the ECL calculation and Staging requirements.
Provision adequacy, stress testing, and forecasting
Our team also boasts experience in forecasting and stress testing, including ICAAPs and resolution. We can help to efficiently integrate IFRS 9 outcomes to produce robust, insightful and compliant results, meeting regulatory requirements and allowing senior management to review and adapt strategy accordingly.
Macro-economic forecasting
We have substantial experience generating and supplying firms with multiple economic scenario forecasts which form an integral part of IFRS 9 requirements. We can even work with your internal forecasts to generate multiple scenario outcomes for ECL.
Model governance & validation
In addition to model development, our team has a wide breadth of experience in model governance and validation. We specialise in ensuring firms have robust models which have undergone appropriate levels of challenge and adhere to internal governance prior to use.
Why choose 4most?
270+ IFRS 9 projects
We’ve worked on hundreds of IFRS 9 projects for a wide range of clients. We know the standard, and many others, inside out.
250+ consultants
Each with our own specialisms, experience, and insights. When you work with one of us, you work with all of us.
Trusted 100%
Our track record speaks for itself. In our most recent Client Satisfaction Survey, every single one of our clients recommended us.
Tailored to you
We take the time to understand your unique challenges so that we can deliver bespoke solutions that truly make a difference.
True specialists
There’s experts, and then there’s specialists. We live and breathe risk analytics consulting every day, which means we stay in tune with the latest trends.
Key contacts
Tom O’Donovan
Phillip Dransfield
“4most has enhanced our understanding of the modelling requirements behind IFRS 9, providing model designs which have validated more easily than expected.”
Got a question about our IFRS 9 service?
Get in touchInsights
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