Case Study: Large EMEA-Based Bank Achieves Transparent IFRS 9 ECL Reporting with AxiomSL

Large EMEA-Based Bank - Customer Case Study

A Large EMEA-Based Bank was struggling with IFRS 9 compliance because its third-party solution relied on opaque, black-box credit models and made it difficult to reconcile finance and risk perspectives. To improve transparency and meet reporting requirements, the bank turned to AxiomSL and its IFRS 9 solution.

AxiomSL implemented its IFRS 9 solution on the ControllerView platform, including IntegratedModelView, to automate credit data capture, model management, ECL calculation, reconciliation, and reporting. By moving the bank’s models to open-source language models on the platform, AxiomSL helped make assumptions and calculations transparent, reduce operational risk, accelerate IFRS 9 reporting, and strengthen audit defensibility.