Overview
Our IFRS9.NXT solution delivers an unparalleled user experience, providing swift calculations and simulations of millions of contracts required for IFRS 9 compliance. The solution encompasses the three core requirements of the IFRS 9 standard: Classification, Measurement, and the computation of Expected Credit Losses (ECL). Classification of assets is done through a rules-based or questionnaire approach, providing clients with an end-to-end audit trail. Our solution also includes the computation of Effective Interest Rates (EIR) and Fair Value of financial instruments, ensuring full compliance with IFRS 9 requirements. The Expected Credit Loss calculation is the backbone of our solution, featuring built-in PD/LGD/EAD curve modeling approaches. Users can trigger on-the-fly calculations and simulations with updated configurations, new macro-economic forecasts, and/or stressed contract attributes such as ratings and interest rates. Our user-friendly setup makes it easy for end-users to make configuration changes and visualize the impact of these changes through our variance analysis framework. With our comprehensive solution, you can rest assured that your business is fully compliant with IFRS 9 standards and ready to tackle any challenges that may arise.
Highlights
- Swift and scalable IFRS 9 compliance with real-time calculations and simulations for millions of contracts.
- Built-in PD/LGD/EAD modeling for accurate Expected Credit Loss (ECL) computation, supporting dynamic stress testing and scenario analysis.
- User-friendly configuration and audit trail capabilities for complete transparency in asset classification, EIR, Fair Value and ECL reporting.
Details
Features and programs
Financing for AWS Marketplace purchases
Pricing
Dimension | Description | Cost/12 months |
|---|---|---|
Asset Size: $0 - $1B | Subscription and infrastructure pricing for institutions with a total asset size between $0 and $1 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $169,000.00 |
Asset Size: $1B - $5B | Subscription and infrastructure pricing for institutions with a total asset size between $1 billion and $5 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $315,000.00 |
Asset Size: $5B - $20B | Subscription and infrastructure pricing for institutions with a total asset size between $5 billion and $20 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $405,000.00 |
Asset Size: $20B - $50B | Subscription and infrastructure pricing for institutions with a total asset size between $20 billion and $50 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $495,000.00 |
Asset Size: $50B - $100B | Subscription and infrastructure pricing for institutions with a total asset size between $50 billion and $100 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $665,000.00 |
Asset Size: $100B - $250B | Subscription and infrastructure pricing for institutions with a total asset size between $100 billion and $250 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $755,000.00 |
Asset Size: $250B - $500B | Subscription and infrastructure pricing for institutions with a total asset size between $250 billion and $500 billion, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $1,125,000.00 |
Asset Size: $500B+ | Subscription and infrastructure pricing for institutions with a total asset size of $500 billion or more, which includes the combined asset sizes of the buyer's business and its affiliates' organizations using the product. | $1,305,000.00 |
Vendor refund policy
No refunds are offered for the IFRS9.NXT solution. All sales are final. In the event of any issues or concerns regarding the product, customers are encouraged to contact our support team for prompt assistance and resolution.
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Delivery details
Software as a Service (SaaS)
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Support
Vendor support
For inquiries or assistance, customers can contact our support desk at help@elysiannxt.com or through additional dedicated support channels provided upon purchase.
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