IFRS 9 Compliance Made Simple
Whether you're operating under SBP, UAE Central Bank, or SAMA regulations, our powerful IFRS 9 software is built to meet your needs. Automate Expected Credit Loss (ECL) calculations, streamline financial reporting, and stay fully compliant—no matter your location. Trusted by banks and enterprises across Pakistan, the UAE, and Saudi Arabia, our solution brings speed, accuracy, and confidence to your compliance process.
Regions Available
- UAE
- Saudi Arabia
- Tanzania
- Russia
- Kyrgyzstan
- Fiji
- Pakistan
- Oman
- India
- Qatar
- Kenya
Why Choose us & Who Use Estimator 9
Accuracy
Eliminates human errors in complex calculations
Banks & MFIs
Perfect for financial institutions of all sizes
Insurance and Takaful
Protection through ethical financial coverage.
Efficiency
Reduces reporting time and operational costs
Investment Firms
Ideal for portfolio management companies
Security
Enterprise-grade data protection
Compliance Teams
Essential for regulatory reporting
IFRS 9 – BACKGROUND & METHODOLOGY
Post 2008 financial crisis, regulators around the world realized that history based accounting standards can be extremely misleading and a paradigm shift in accounting methodologies is needed.
In July 2014, IASB issued IFRS 9 standard which replaced existing IAS 39 provisioning method. The IASB stated that the IAS 39 incurred cost method leads to delayed recognition of credit losses, thus a forward looking approach is being introduced.
IFRS 9 became effective worldwide on Jan 2018 and has since then posed huge challenges for accounting firms, auditors and corporations who were neither used to deal with such predictive analytics nor qualified to do so.
ECL Estimation Methodology
Incurred Loss Provisioning Method under IAS 39 has been replaced by Expected Loss Provisioning Approach of IFRS 9 where provisions are taken upfront and Expected Credit Loss (ECL) is estimated as a product of EAD, PD and LGD.
Definition of EAD is different for each of 3 buckets, term structure of applicable point in time PD is also different for each of 3 buckets of EAD, and LGD is estimated differently for collateralized and non collateralized exposures.
