IFRS 9: The road to intelligent implementation

As the 2018 deadline approaches, the implementation of accounting standard IFRS 9 is revealing itself to be a transformational event instead of just one more item on a crowded to-do list. 

Banks are, accordingly, starting to understand that they will require system architectures and solutions that embody the models they are striving for internally – ones that seamlessly integrate multiple functions, create areas of common ground and feature the efficiency and flexibility to embrace the many changes yet to come. Here Jeroen Van Doorsselaere, vice president, Risk and Finance, at Wolters Kluwer, provides IBS with his thoughts on how to intelligently approach implementation.