Reclassifications
Automated, rule-driven reclassification for financial institutions that need accurate balance re-presentation, traceable adjustments, and a faster financial close.
AFCS Reclassification replaces manual processes with an automated, auditable engine — delivering measurable impact across three dimensions.
- Regulatory Compliance - Basel III/IV, IFRS 9, and local GAAP require balance re-presentations that differ from how positions are originally booked — AFCS handles this automatically, with a full audit trail.
- Operational Efficiency - Spreadsheet workarounds delay close and introduce error. AFCS automates the full reclassification run, supporting intraday processing and consistent repeatable output.
- Finance Control - Finance teams configure and own rules directly — no IT dependency. PMF orchestration, working-day dates, and conflict detection give teams full control.
Steps to enable and configure
You don't need to do anything to enable this feature.