Accelerate programs for IFRS 9 and CECL compliance using technology experts with global banking experience
To foster stability in the global financial system, banking and financial institutions are gearing up to comply with the new International Financial Reporting Standards 9 (IFRS 9) and Current Expected Credit Loss (CECL in US) regulations. Global banks are in the midst of implementing large multi-year programs to achieve IFRS 9 / CECL compliance. Wipro’s team of techno-functional experts are well prepared to help banks accelerate implementation using our frameworks and accelerators.
- Model validation framework to validate credit risk models such as PD, LGD, EAD
- Reference architecture for data aggregation, calculation services and reporting
- Data aggregation and lineage framework to support audit and traceability requirements
