Jaywing launches new product for IFRS 9 compliance
Source - SMW
Jaywing , a data science led marketing, analytics and risk management agency, has launched a new product, Horizon, aimed at helping lenders meet IFRS 9 compliance requirements.
The new global accounting standard IFRS 9 requires lenders to adhere to a new methodology for the calculation of provisions from January 2018.
As retail credit risk and data science experts, Jaywing has been working with lenders on meeting the requirements of the new regulation since 2014, including eleven of the UK's leading financial services institutions.
Jaywing's expertise in this specialist field extends over many years and offers lenders skills that are difficult to find internally, elsewhere or at the necessary scale.