INvest2 IFRS9 module development successfully finalized: 10 installations already in production

More than a year ago, following asset management industry preparation for the upcoming IFRS9 international accounting standard, our team took the initiative and began developing IFRS9 model in-house, in effect adopting solution providing concept.

Navigating through lack of consensus from capital markets participants and therefore the lack of customer specifications, along with a tight deadline – INvest2 IFRS9 base module was developed in time to meet the 01.01.2018 deadline.

During 2018., we continued our development, by expanding functional scope, achieving high level of automatization and meeting best-practice methodological norms.

As a result, our module is now regarded as reference point for IFRS9 compliance – with 10 installations as confirmation.