At the beginning of 2018, banks went live with the credit risk models which are currently feeding IFRS 9 figures. By this point, the initial models and methodologies for calculating the expected credit loss on credit products and the guidelines for building this methodology are well understood. But while banks have built the models that IFRS 9 necessitated, the bulk of actionable insights regarding credit risk models under IFRS 9 are to be gained now. IFRS 9 models are endlessly running and supplying new information on risk and performance, which banks must be ready to take advantage of. This year banks are looking to optimise the data they are gaining from their models, stress tests, and audits in order to lend their models greater stability and robustness, thus better managing IFRS 9 volatility. With this in mind, this marcus evans conference will deep dive into how banks are advancing credit risk models under IFRS 9 by confronting self assessment through validation, audit and data insights.
For more information please contact Alexia Mavronicola at alexiam@marcusevanscy.com or visit our website.
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