For one of our clients, b.fine designed the IFRS 9 process by leveraging already existing building blocks in financial institutions.  By reusing the various building blocks, the IFRS 9 solution was implemented quickly within a limited budget.

The project scope consisted of these steps:

• Classification and measurement
• Stage Assessment
• Multi-scenario approach for ECL calculation
• Accounting generation
• Management reporting oriented towards IFRS 9
• IFRS 9 disclosures