Payments Innovation and Corporate Treasury Impacts – Beyond the Hype

This latest Whitepaper in a series of annual reports from the Association for Financial Professionals (AFP) and Zanders Treasury and Finance Solutions looks at: Payments Innovation and Corporate Treasury Impacts – Beyond the Hype.

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IFRS9 Backtesting

IFRS 9 became mandatory as of January 2018. This means that financial institutions (FI) now have four full years of historical data on IFRS 9 reporting numbers available. One of the key aspects of IFRS 9, and its main difference with the Basel framework, is the requirement to make lifetime expected credit loss (LECL) estimates for facilities with a worsened credit rating. For the required yearly monitoring exercise of IFRS 9 models, it has been hard to test the accuracy of lifetime estimates.

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Managing the impact of COVID-19 on credit risk models

The COVID-19 pandemic is creating many challenges for credit risk models. At the start of the COVID-19 pandemic, government(s) immediately started introducing relief programs and financial institutions began implementing payment arrangements, such as payment holidays, and introducing moratoria on loan agreements. Defaults were prevented or at least delayed. This resulted in adverse effects on the modeling side of credit risk.

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The Digital Transformation of Treasury: A Critical Imperative

The current technology landscape contains a tsunami of innovative technologies that are available now or just on the horizon. We are delighted to collaborate with AFP in in the production of this 4-part series of articles to take a more practical look at the Digital Transformation of Treasury.

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S/4 HANA – An Opportunity for Change

SAP ERP Central Component (ECC) support will be phased out in 2027, so corporates currently using SAP Enterprise Resource Planning (ERP) software are now planning their upgrade strategy to the replacement product – S/4 HANA.

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Unavoidable trends for any resilient treasury plan

Last year, the world had to cope with the first impact of the pandemic. COVID-19 is a confirmation of the grim reality that black swan events continue to have an enormous impact on our lives. But is there a way to be better prepared for the unforeseeable? In this article, we look forward to the coming months and share the most relevant treasury trends for 2021 with you. What needs to be at the center of your company’s treasury plan to optimize resilience?

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