NEWS

03/19/2019

Automation of the ICAAP and IFRS 9 with SP “RISKFIN. Prof. " Part 2.

On March 14, RISKFIN held another training seminar on banking risk management and possibilities of its automation with the help of the “RISKFIN. Prof.”

RISKFIN presented approaches to the calculation of credit risk and estimated reserves under IFRS 9 for small and medium-sized banks, as well as a review of the expected innovations of the ICAAP. RISKFIN also demonstration updated software toolkit that helps to identify, analyze and build reports on significant risks, save time and effort when filling in separate tables of Form 0409111, conduct stress tests and choose the optimal approach to calculating estimated reserves. Presentation was accompanied by an active discussion of the planned regulatory changes and risk management.

RISKFIN team is thankful to participants for their interest and productive exchange of ideas. In the near future, we plan to hold the next seminar.