Unlock Confidence in Your IFRS 9 Impairments with CREDO Benchmark

Judging the quality of your IFRS 9 impairment measurements is a time-consuming exercise that requires both in-depth analysis of your calculations, and a broad overview of the market:

  • Are Your IFRS9 Impairment Calculations Accurate and Correct?
  • Do Your Methodologies and Implementation Align with Market Best Practices and Regulatory Expectations?

Rather than embarking on another arduous ‘classical’ audit/validation exercise, why not leverage our expertise and cutting-edge tools to benchmark your IFRS 9 calculations against CREDO?

Here's how it works:

  1. You provide anonymized input data and current ECL and staging modelling parameters in a one-off exercise.
  2. CREDO recalculates your IFRS 9 impairments using market-standard methodologies and advanced tooling.
  3. You receive a comprehensive comparison of your existing impairment amounts with CREDO’s proposed approach.
  4. You gain valuable insights through a detailed gap analysis, pinpointing strengths and areas for improvement in your calculation methodologies and implementation.

Benefits of CREDO Benchmark:

  • Gain a fresh perspective on your IFRS 9 setup within a limited budget and timeframe.
  • Access comparative insights derived from CREDO’s industry expertise and market-leading solutions.

While CREDO Benchmark is intended as a one-off exercise, clients keen on advancing with our platform post-exercise can use the Benchmark exercise as an ideal springboard for future integration with CREDO’s platform.

Take the next step towards confidence and accuracy in your IFRS 9 impairment assessments with CREDO Benchmark.

Contact us today to learn more and schedule your Benchmark assessment.