Are you prepared for IFRS 9? This major accounting standard change is impacting not only banks but also auto finance providers. The financial impact of virtually every credit decision made across the full credit lifecycle today will be different under IFRS 9. Account performance will need to be evaluated under both expected and stressed macroeconomic conditions to understand the range of impacts on impairment, capital and profitability.
In this white paper, you will learn to:
• Review the current origination, and collections and recovery strategies
• Understand the impact on provisions, profitability and returns
Download the FICO white paper to learn how you can effectively address the challenges of IFRS 9.