Moscow, February 23, 2017 — Business Systems Consult. How is bank prepared for successful IFRS 9 Implementation? What should it accomplish before the project kick-off? These questions carry keys for success of IFRS 9 project.

Moscow, January 21, 2017 — Business Systems Consult. BSC developed an internal banking methodological document every bank needs to comply with IFRS 9. This document explicitly covers not only the measurement issues related to IFRS 9 recognition of financial instruments but also model validation and credit allowance budgeting.

Credit allowance calculations are tested on the real portfolios of BSC's clients.

Further on IFRS 9 see here.

Moscow, January 16, 2017 — Business Systems Consult. International Financial Reporting Standard #9 puzzled banking methodologists. According to it, banks have to recognise expected losses for loans. Financial reporting grows from risk disclosures to risk accounting. But the methods for it are different than methods used in risk management.

What are the peculiarities of risk measurement under IFRS 9? How to make it cheap and functional? How to improve risk management in the bank to make not only financial reporting clearer but also to increase stability and quality of incomes?

Moscow, January 14, 2017 — Business Systems Consult. BSC looks back on the 2016th year.

+ Our Roll Rate Analytic System now supports deposit analysis and corresponding business processes.

+ Monthly report on Russian banking systems is provided to our clients. This report presents term structure of total balance sheet of banking system (in residual terms) and forecasts of retail deposit and loan portfolios.

+ Analytical materials on dynamic balance sheet technology, retail loan portfolio management, fund transfer systems, balance sheet management are prepaired. These articles were highly appreciated by our readers.

+ Since 2016 Roll Rate Analytic System is able to analyse and forecast portfolio distributions on credit ratings and credit grades (in addition to past due analysis).

+ Since 2016 Roll Rate Analytic System supports forecasting interest and commission payments on loan and deposit portfolios.

+ Since 2016 Roll Rate Analytic System supports dynamic balance sheet technology.