If you do, then you have enough databases and interfaces in operation already. We can add IFRS functionalities perfectly regardless of the system. These functions can be used immediately without modifying the existing installations.
If you are, then you will have to decide if you need a parallel or an adjustment accounting system or even a combination of both. We are aware of the pros and cons and have developed a solution for each method.
If you want a solution that can calculate changes in fair value attributed to credit risk and disclose these on the balance sheet and profit and loss account in compliance with IFRS, then we have the solution that you're looking for.
Then why not save time and have a look at our ready-to-go solution? We would be pleased to assist you with data requirements, business solution options, reporting, the general ledger as well as consolidation.
If you only want to pay for something that you really need, then our component range is a cost-effective solution that you can integrate quickly and simply into your development processes.