CCH Tagetik - Financial instruments: IFRS9

A single standard. Pre-packaged IFRS9 compliance.

Overview

Develop a forward-looking approach to credit losses

Simplify IFRS9 – Financial Instruments compliance with a solution that is quick to implement and easy to use. CCH Tagetik IFRS9 is a pre-configured starter kit that comes complete with calculations and disclosures for classification, measurement, impairment and credit risk.

Flexible and ready for you to extend, CCH Tagetik IFRS9 software solution includes automated data collection, data model, calculations, reports, disclosures and workflow. Built for finance, users can easily adapt to changes without coding. Non-disruptive and completely streamlined, CCH Tagetik easily integrates with any and all existing systems, including instrument registries, classification and credit risk to make complex compliance easy.

CCH Tagetik - Financial instruments: IFRS9

Key Capabilities

CCH Tagetik's ready-to-use solution includes a data repository, an IFRS9 compliant data model, a library of financial instruments,a pre-configured workflow, disclosure templates, and pre-built calculations.

 

  • Simplify compliance with end-to-end solution
  • Single financial instruments data repository
  • Produce comparisons to IAS39 and Solvency II
  • Automates compliant journals and disclosures
  • Boost efficiency with workflow and audit trail

Key Reasons

3 reasons why CCH Tagetik Financial instruments: IFRS9 lets you focus on your Business:

  • Get compliant quickly - Manage financial instruments quickly and accurately. Simplify compliance with a unified solution including a powerful data engine, calculations, reports and disclosures controlled by workflow and audit trail.
  • Fast Accurate Calculations - Kick start compliance with calculations for classification (AC, FVPL, FVOCI), high performing SPPI test engine, expected credit losses (ECL) and EIR and CAEIR to determine an IFRS plan.
  • Financial Information data repository - Create a single trusted source of IFRS9 financial data repository with imports from systems (classification, risk, etc.) together with calculated data.  Dashboards and visualisations bring figures to life.

Key Benefits

Simplify IFRS9 compliance company-wide. CCH Tagetik satisfies your reporting needs, covers all necessary calculations,and centralises all data, automatically fulfilling your IFRS9 disclosure requirements.

  • Comply quickly with pre-packaged solution
  • Simple, flexible solution adaptable to your needs
  • Reduce IT needs with a finance-owned solution
  • End-to-end integrated solution mitigates risk
  • Align all stakeholders with trusted reports
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Technology in Action

Our Credentials

  • Strategic Partner since 2008 Tagetik launch in UK.
  • Certified Platinum status and Country Awards winner.
  • 12th Year  - Successful Delivery of CCH Tagetik Projects.
  • Over 150+ distinct projects across CCH Tagetik Consolidation and Budgeting/Planning Projects including first wave of IFRS16 and IFRS17 engagements.
  • Leading AIH practitioners.
  • Connected at every level in CCH Tagetik ecosystem. Strong relationship with Tagetik C-Level and Product Development.
  • Demonstrable Road-Map Influence.
  • Conduct Tagetik Prospect Workshops, Clinics and Customer Forums.
  • Package Development and IP.

Rapid Time to Value with INSIGHT Solutions

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