Sponsor
Infopro Digital, the publisher of Risk Magazine and Risk.net, is a leading player in business-to-business information and services. It offers multimedia products and solutions such as analysis and insight, events, and training.
How Winners Are Chosen
The Risk Technology Awards focus on market risk, trading, and investment risk technology. The award winners are decided by a panel of judges selected by the editors of Risk.net. In 2019, the judging panel included technology users, risk management practitioners, and members of the Infopro Digital editorial team.
"The credit loss and impairment analysis demanded by the International Financial Reporting Standard (IFRS) 9 and Current Expected Credit Loss (CECL) accounting standards requires appropriate data, risk parameters and models, and a platform to perform the calculations in an automated manner. The parameters include default, recovery, market scenarios and forecasts"...
“Many financial institutions must strengthen their ability to measure expected credit losses for IFRS 9 and CECL,” said Cris deRitis, Deputy Chief Economist. “Our solutions help them with IFRS 9 and CECL, enable them to manage risk more effectively, and help them make better, faster decisions.”...
RiskConfidence Impairment software is a strategic platform that enables the end-to-end orchestration and automation of expected credit loss (ECL) calculations. The solution facilitates data management, model automation, and impairment calculation and reporting, empowering your organization with transparency, control, auditability, traceability, and repeatability.