Sold by: ElysianNxt
Deployed on AWS
Our IFRS9.NXT solution streamlines IFRS 9 compliance with fast calculations and simulations for millions of contracts, covering Classification, Measurement, and Expected Credit Loss (ECL) computation. With a user-friendly interface, it features built-in PD/LGD/EAD modeling for real-time simulations, enabling users to adjust configurations and visualize the impact instantly. The solution ensures full compliance with IFRS 9 through EIR, Fair Value calculations, and a robust audit trail.
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
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Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
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 |
Dimensions summary
You pick pricing based on your institution's total asset size. This total combines your organization's assets with those of affiliates using the product. Eight tiers step up from $0-$1 billion through $500 billion or more. Each tier bundles both the software subscription and the underlying infrastructure into one contract price. As your asset size grows, you move into the tier that matches your range. Pricing scales with institution size rather than user count or transaction volume, so larger balance sheets fall into higher tiers.
Top-of-mind questions for buyers
Your tier reflects your institution's total asset size. This combines your organization's assets with those of affiliates using the product. You fall into the single range that matches that combined figure, such as $5B-$20B. One price covers that band regardless of user count or transaction volume.
Each tier bundles two things into one contract price: the software subscription and the underlying infrastructure. You do not pay separately for compute or hosting. The product runs as a managed cloud service on AWS, with the vendor operating your environment.
Pricing scales with your combined asset size, not usage. If your balance sheet grows past your current band, you move into the tier that matches your new range. The new tier price applies to the whole institution, not just the added assets. Confirm timing and transition steps with the vendor.
www.elysiannxt.com
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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.
Custom pricing options
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Legal
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
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.
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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