The IFRS 9 and new current expected credit loss (CECL) regulations are expected to present modeling, data, and validation challenges to finance companies. As they did with IFRS 9, many financial institutions are underestimating the impact and time that will be needed to meet CECL compliance, which takes effect in 2020.

Using a Q&A format, this white paper helps finance companies understand IFRS 9 and CECL and prepare for the new CECL regulations. Questions answered include:

  • How do IFRS 9 and CECL relate to one another?
  • What are some of the changes that CECL will introduce, and how can financial institutions measure and model loss?
  • What makes a CECL model compliant?
  • How do you forecast into the future?

Read this white paper to better understand IFRS 9 and CECL implementation challenges and learn how you can use MATLAB® to model lifetime risks.