1. User Guide
  2. Getting Started
  3. Getting Started with IFRS 9 Solution Cloud Service
  4. Key Features

Key Features

The following are the key features of the OFS IFRS 9 Solution Cloud Service

  • Accounting Adjustments
  • IFRS 9 Stage Determination and IFRS 9 Stage Curing
  • Account Classification
  • Manual Override for Account Stage and Account Classification
  • Cash Flow generation and Effective Interest Rate calculation
  • Cash Flow Edit and Cash Flow Edit Process
  • Amortization Methods: Effective Yield Method and Straight-Line Method
  • Expected Credit Loss Methods
  • Interpolation and Extrapolation of Term Structures
  • Pre-built reports for Account stage, Account classification, Amortization, and Expected Credit Loss with Solo/Consolidation feature
  • Dependency Tracker
  • Data Quality Framework
  • Data Maintenance Interface
  • Shared data model and platform that eliminates data silos.
  • Enterprise scale in the cloud
  • Segmentation is supported by the Modelling set
  • IFRS 9 Stage Determination and Stage Curing
  • Account Classification
  • Manual override for Account stage and Account Classification
  • CFE CS Integration for cash flow generation and EIR calculation
  • Amortization methods: Effective Yield Method and Straight-Line Method Submit to the Cash flow engine the modelling horizon for which you want to calculate cash flows
  • Pre-Build Reports for Account stage, Account classification, and Amortization